On October 1, 2024, the Government of Telangana introduced a significant amendment to the Telangana Wood Based Industries (Regulation) Rules, 2022. This change pertains specifically to the renewal process of licenses for wood-based industries, which are crucial for the state’s economy and environment.
Understanding the Original Rule
Under the initial framework established by Rule 11 of the Telangana Wood Based Industries (Regulation) Rules, 2022, Sub-Rule 9 outlined the procedure for renewing licenses. The key stipulations were:
- Renewal Fee and Late Fee: License holders were required to pay their renewal fees, along with any applicable late fees, by December 31 of the following year.
- License Lapse: Failure to comply with this requirement meant that the license would be deemed lapsed. Consequently, no requests for renewal would be entertained by any authority, essentially rendering the license inactive.
The New Amendment Explained
The recent amendment to Rule 11, Sub-Rule 9 introduces a notable change in the renewal process:
- Extension of Authority: While the core stipulation remains , licenses will still be deemed lapsed if fees are not paid by December 31 of the following year , the amendment provides a lifeline for businesses. Now, renewal requests may be entertained by the State Level Committee (SLC), even if the initial deadline is missed.
