NIC code or National Industrial Classification is a classification system used to track activities undertaken by a business. NIC code is used by the majority of the Government Departments in India to classify businesses. This code has been developed with an intent to ascertain and analyse as to how each economic activity is contributing towards national wealth.
NIC code is required for your business to obtain Udyog Aadhar or register a company or LLP in India.
Udyog Aadhar is a registration provided to micro, small, medium sized businesses in India under the Micro, Small and Medium Enterprise Development Act, 2006 (MSMED). Udyog Aadhar used to be referred to as MSME registration earlier. Now, the process for obtaining MSME registration has been merged with Udyog Aadhar registration and made completely online by the Government. While applying for Udyog Aadhar, the applicant must provide the NIC code of the business and Aadhar of the promoter.
Private Limited Company is the most prevalent and popular type of corporate legal entity in India. Private limited company registration is governed by the Companies Act, 2013 and the Companies Incorporation Rules, 2014. To register a private limited company, a minimum of two shareholders and two directors are required. MCA has recently implemented major changes to the process and made it very simple to incorporate a company. While incorporating a company, the MCA requires the NIC code of the business.
First, log in to legaldocs.co.in and visit NIC Code page
Type your Service name and Click on Search
NIC Code for the respective Service is displayed
The National Industrial Classification 2008 (NIC-2008) is an update to the NIC-2004. The United Nations Statistical Commission’s 38th session recommended that countries either adopt national versions of the ISIC, Revision 4, or adjust their national classifications so that data can be presented according to the ISIC, 10 Revision 4 categories. Specifically, countries should be able to report data at the two-digit (division) level of the Classification without a loss of information; that is, national classifications should be fully compatible with this level of the ISIC, or it should be possible to arrange them.
The National Industrial Classification 2008 seeks to provide a basis for the standardized collection, analysis and dissemination of industry (economic activity) wise economic data for India. Apart from being the standard industrial classification that underpins Indian Industrial Statistics, NIC is widely used by the government agencies, industry associations and researchers for various administrative, analytical and research purposes. The revised NIC-2008 provides a more contemporary industrial classification system.
Activities are first grouped into ‘Section’ alphabetically coded from A through U, every section is divided into ‘Division’ with 2-digit numeric code, every division into ‘Group with 3-digit numeric code, every group into ‘class’ with 4-digit numeric code and every 4-digit class into 5-digit ‘sub-class’.
NIC CODE | INDIAN INDUSTRIES |
---|---|
A | AGRICULTURE, FORESTRY AND FISHING |
B | MINING AND QUARRYING |
C | MANUFACTURING |
D | ELECTRICITY, GAS, STEAM AND AIR CONDITION SUPPLY |
E | WATER SUPPLY; SEWERAGE, WASTE MANAGEMENT and |
F | CONSTRUCTION |
G | WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES |
H | TRANSPORT AND STORAGE |
I | ACCOMODATION AND FOOD SERVICE ACTIVITIES |
J | INFORMATION AND COMMUNICATION |
K | FINANCIAL AND INSURANCE ACTIVITIES |
L | REAL ESTATE ACTIVITIES |
M | PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES |
N | ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES |
O | PUBLIC ADMINISTRATION AND DEFENCE; COMPULSORY SOCIAL SECURITY |
P | EDUCATION |
Q | Human health and social work activities |
R | Arts, entertainment and recreation |
S | OTHER SERVICE ACTIVITIES |
T | ACTIVITIES OF HOUSEHOLDS AS EMPLOYERS; UNDIFFERENTIATED GOODS AND SERVICES-PRODUCING ACTIVITIES OF HOUSEHOLDS FOR OWN USE |
U | ACTIVITIES OF EXTRATERRITORIAL ORGANIZATIONS AND BODIES |
01 – Crop and animal production, hunting and related service activities
02 – Forestry and logging
03 – Fishing and aquaculture
05 – Mining of coal and lignite
06 – Extraction of crude petroleum and natural gas
07 – Mining of metal ores
08 – Other Mining and quarrying
09 – Mining support service activities
10 – Manufacture of food products
11 – Manufacture of beverages
12 – Manufacture of tobacco products
13 – Manufacture of textiles
14 – Manufacture of wearing apparel
15 – Manufacture of leather and related products
16 – Manufacture of woodland products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
17 – Manufacture of paper and paper products
18 – Printing and reproduction of recorded media (This division excludes publishing activities, see section J for publishing activities
19 – Manufacture of coke and refined petroleum products
20 – Manufacture of chemicals and chemical products
21 – Manufacture of pharmaceuticals, medicinal chemical and botanical products
22 – Manufacture of rubber and plastics products
23 – Manufacture of other non-metallic mineral products
24 – Manufacture of Basic Metals
25 – Manufacture of fabricated metal
26 – Manufacture of computer, electronic and optical products.
27 – Manufacture of electrical equipment
28 – Manufacture of machinery and equipment n.e.c.
29 – Manufacture of motor vehicles, trailers and semi-trailers
30 – Manufacture of other transport equipment
31 – Manufacture of furniture
32 – Other manufacturing
33 – Repair and installation of machinery and equipment
Division 35 – Electricity, Gas, Steam and Air Condition Supply
36 – Water collection , treatment and supply
37 – Sewerage
38 – Waste collection, treatment and disposal activities materials recovery
39 – Remediation activities and other waste management services
Division 41 – Construction of buildings
Division 42 – Civil engineering
Division 43 – Specialized construction activities
Division 55 – Accommodation
Division 56 – Food and beverage service activities
Division 58 – Publishing activities
Division 59 – Motion picture, video and television programme production, sound recording and music publishing activities.
Division 60 – Programming and broadcasting activities
Division 61 – Telecommunications
Division 62 – Computer programming, consultancy and related activities
Division 63 – Information service activities
Division 64 – Financial service activities, except insurance and Pension funding
Division 65 – Insurance, reinsurance and pension funding, except compulsory social security
Division 66 – Other financial activities
Division 68 – Real estate activities
Division 69 – Legal and accounting activities
Division 70 – Activities of head offices; management consultancy activities
Division 71 – Architecture and engineering activities; technical testing and analysis
Division 72 – Scientific research and development
Division 73 – Advertising and market research
Division 74 – Other professional, scientific and technical activities
Division 75 – Veterinary activities
Division 77 – Rental and leasing activities
Division 78 – Employment activities
Division 79 – Travel agency, tour operator and other reservation service activities
Division 80 – Security and investigation activities
Division 81 – Services to buildings and landscape activities
Division 82 – Office administrative, office support and other business support activities
Division 84 – Public administration and defence; compulsory social security
Division 85 – Education
Division 86 – Human health activities
Division 87 – Residential care activities
Division 88 – Social work activities without accommodation
Division 90 – Creative, arts and entertainment activities
Division 91 – Libraries, archives, museums and other cultural activities
Division 92 – Gambling and betting activities
Division 93 – Sports activities and amusement and recreation activities
Division 94 – Activities of membership organizations
Division 95 – Repair of computers and personal and household goods
Division 96 – Other personal service activities
Division 97 – Activities of households as employers of domestic personnel
Division 98 – Undifferentiated goods- and services-producing activities of private households for own use
Division 99 – Activities of extraterritorial organizations and bodies
A current account is a type of deposit account that helps the professionals and businessmen to run their business. Businessmen can avail various benefits by Online Current Account such as:
Online current account reduces the hassle and provides the benefit to complete the banking process anytime and anywhere.
The National Statistical Office (NSO), which is part of the Ministry of Statistics and Programme Implementation, is the nodal authority in India for developing the National Industrial Classification.
The first designation was NIC-62, which was followed by NIC-70, NIC-87, NIC-98, and NIC-2004. NSO has established and published the new and sixth Industrial Classification, NIC-2008.