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TENDER NO: 06/ 2021 Dated 12th Aug 2021 INVITATION OF TENDERS for CONSTRUCTION WORKS OF PARKING SHEDS FOR NEW FACULTY RESIDENCES AT INDRAPRASTHA INSTITUTE OF INFORMATION TECHNOLOGY DELHI III TD CAMPUS
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The monthly license fee basis refers to a system where businesses pay a licensing fee on a monthly schedule, often calculated based on their revenue or activities related to the license.
Businesses and individuals that hold specific types of licenses, particularly those subject to regulatory fees or taxes, are required to file on a monthly license fee basis.
To fill out the monthly license fee basis, businesses must complete the designated forms accurately with their financial data, including revenue and applicable fees, and submit them to the relevant licensing authority.
The purpose of the monthly license fee basis is to ensure that licensing authorities collect fees regularly, which supports regulatory oversight and ensures compliance from licensees.
Information that must be reported includes total revenue, number of transactions, and any fees linked to the specific license held by the business or individual.
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