Dealer Possession License: Definition, Requirements and Process

Dealer Possession License became necessary after the Department of Telecommunication realized that not everyone has the capabilities of handle telecommunication products. Telecom products grow nuanced day by day and to possess them, one must have the correct infrastructure and authority. Thus, this article discusses the definition, requirements and the procedure to procure Dealer Possession License in India.

High end telecommunication devices can only be provided by experts who know what it takes to deliver them. Therefore, the government of India has made the Dealer Possession License mandatory.

A business certificate that is only valid till December 31^st of each year, the DPL license has seen an increased in demand. Therefore, in this article, we will explain the requirements and the process to acquire this license in India. Read More: ETA Certificate

Eligibility Criteria to procure the Dealer Possession License

The procedure to obtain the Dealer possession license is as follows.

1. The applicant for the license must be a company incorporated as per the Companies Act, 2013. The procedure to follow to procure company registration certificate is as follows:
   1. Furnish the requisite information
   2. Draft the MOA and AOA
   3. Get the DSC
   4. Apply for company incorporation
   5. Get the certificate of incorporation
2. A competent court must prove that you’re of sound mind.
3. You must meet the requisite net worth criteria. You can find the information pertaining to it in the official DPL notification.

Documents you need to obtain the license to deal in telco products

To procure and trade in telco products, you need to gather the following documents to obtain the DPL Certificate:

1. The certificate of incorruption
2. Memorandum of Association and Articles of Association
3. A list of telecommunication equipment that you want to rent, sale or lease
4. Their technical specifications
5. Your net worth certificate
6. And other telecommunication licenses (if you possess them)

Procedure to obtain certificate of possession

Just like any other courtly requirement, the procedure to obtain this certificate of possession entails the following steps:

1. Prepare a file and populate it with the requisite documents.
2. Once you have prepared the documents, download the DPL license application from the DOT platform.
3. After downloading the application, reach out to a telecom consultant. The details that you are required to enter in the application are too many and, in some cases, too arduous. Therefore, don’t be apprehensive about asking assistance from a telecommunication consultant.
4. The Department of Telecommunication will assess your application form after receiving it.
5. If it accepts your application, you will obtain the dealer possession license within a week.

However, there are some conditions that you must meet after procuring the DPL license.  Read More: M2M Communication

General points to consider after getting the license

 

1. You must adhere to the terms and conditions that are mentioned in the license agreement.
2. Your customers, the one that procure telecom devices from you, should have the NDPL certificate.
3. The DOT will cancel your certification if it witnesses you partaking in unethical activities.

Conclusion

Telecom devices are growing in their nuance. Therefore, you must always obtain a possession license, whether as a dealer or a non-dealer to start any large-scale telecommunication activity. That’s true for those with the license from Ministry of Information and Broadcasting. For further information in this regard, get in touch with Registrationwala. ISP License India

Dealer possession license is a DOT issued business certificate mandatory for those who want to possess telecom products for trading. Read this blog for more info.