The Government of Karnataka vide its Notification 1741-42 of 2015 dated 23-12-2015 has exempted MSMEs from obtaining TRADE LICENCE. A copy of the Notification is attached to this mail.

To fall under this exemption scheme MSMEs have to

• 1. file Industrial Entrepreneurs Memorandum, or
• 2. Industrial License
with the Secretariat of Industrial Assisstance, Department of Industrial Policy and Promotion, GOI.