Gumasta License is a registration required for doing any kind of business in the state of Madhya Pradesh & Maharashtra. This is a certificate which provides you the authority to do your business at a particular place. This license is a basic requirement for any business to be recognized by Government or Bank for all business irrespective of whether it is done by a single person or big organization.
Obtaining Gumasta ensures your business can be developed without many complications and it is very important for opening a current account or obtaining any loan from the bank. Without this license in the Madhya Pradesh & Maharashtra State, obtaining GST registration is not possible.