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What is NIC Code? - A Complete Analysis
NIC Code or National Industrial Classification Code is a vital Statistical Standard for maintaining & developing comparable databases as per economic activities. These classifications are repeatedly used in classifying the economically active population, statistics of industrial production & distribution, the various fields of labor statistics & other economic data like national income. Comparability of statistics available from various sources, on different aspects of the economy & usability of such data for economic analysis are essential for standardisation of a classification system. Activities are grouped into Sections alphabetically coded from A to U and every Section is divided into Divisions with 2-digital numeric codes, every Division into Groups with 3-digit numeric codes, every group into Class with 4 digit code, and every 4-digit class into 5-digit Sub-Class.
On 26th June 2014, the Department of Policy & Promotion had decided to switch over to NIC 2008 from NIC 1987. Version. Since then, all Indian Companies have been advised to follow NIC-2008. NIC 2008 is more compatible & well-suited for the International System of Classification and this enables the compliance processes for Registration to follow in a smooth manner.
What is the Importance of the NIC Code in India?
Following are some important points which show the importance of NIC Code in India:
- If your business or company in India contains a NIC Code then you can avail of various benefits offered by the Government of India;
- To obtain Udyog Aadhar or to register a Company/LLP;
- It's required to maintain track of business activity which affects the economic health. It's also used by most of the Government Departments to ensure that businesses in India are classified correctly;
- For the Government to keep track of your business, ensure that you have mentioned the NIC Code on all of your invoices.
Use of NIC Code in India
Following are 2 important segments where the NIC Code is used:
For Udyam Registration: You need to apply for MSME Registration on the Udyam portal, under MSME Development Act, 2005 , it is vital to get registered. While registering your business on the Udyam portal, it is necessary to provide your NIC Code.
Formation of a Company or LLP: A Company in India is required to be registered under MCA (Ministry of Corporate Affairs) to be declared a valid business. For this purpose, it is compulsory to provide your NIC Code, while registering under MCA.
List of NIC Code
Following is the detailed list of NIC Code:
Section A - Agriculture, Forestry, and Fishing
- Division 01 - Crop and animal production, hunting and related service activities
Group 011 - Growing of non-perennial crops
Group 012 - Growing of perennial crops
Group 013 - Plant propagation
Group 014 - Animal production
Group 015 - Mixed farming
Group 016 - Support activities to agriculture and post-harvest crop activities
Group 017 - Hunting, trapping, and related service activities
- Division 02 - Forestry and Logging
Group 021 - Silviculture and other forestry activities
Group 022 - Logging
Group 023 - Gathering of non-wood forest products
Group 024 - Support services to forestry
- Division 03 - Fishing and Aquaculture
Group 031 - Fishing
Group 032 - Aquaculture
Section B - Mining and quarrying
- Division 05 - Mining of coal and lignite
Group 051 - Mining of hard coal
Group 052 - Mining of lignite
- Division 06 - Extraction of crude petroleum and natural gas
Group 061 - Extraction of crude petroleum
Group 062 - Extraction of natural gas
- Division 07 - Mining of metal ores
Group 071 - Mining of iron ores
Group 072 - Mining of non-ferrous metal ores
- Division 08 - Other mining and quarrying
Group 081 - Quarrying of stone, sand, and clay
Group 089 - Mining and quarrying n.e.c.
- Division 09 - Mining support service activities
Group 091 - Support activities for petroleum and natural gas mining
Group 099 - Support activities for other mining and quarrying
Section C - Manufacturing
- Division 10 - Manufacture of food products
Group 101 - Processing and preserving of meat
Group 102 - Processing and preserving of fish, crustaceans, and molluscs
Group 103 - Processing and preserving of fruit and vegetables
Group 104 - Manufacture of vegetable and animal oils and fats
Group 105 - Manufacture of dairy products
Group 106 - Manufacture of grain mill products, starches, and starch products
Group 107 - Manufacture of other food products
Group 108 - Manufacture of prepared animal feeds
- Division 11 - Manufacture of beverages
Group 110 - Manufacture of beverages
- Division 12 - Manufacture of tobacco products
Group 120 - Manufacture of tobacco products
- Division 13 - Manufacture of textiles
Group 131 - Spinning, weaving, and finishing of textiles
Group 139 - Manufacture of other textiles
- Division 14 - Manufacture of wearing apparel
Group 141 - Manufacture of wearing apparel, except fur apparel
Group 142 - Manufacture of articles of fur
Group 143 - Manufacture of knitted and crocheted apparel
- Division 15 - Manufacture of leather and related products
Group 151 - Tanning and dressing of leather; manufacture of luggage, handbags, saddlery & harness; dressing and dyeing of fur
Group 152 - Manufacture of footwear
- Division 16 - Manufacture of wood and of products of wood & cork, except furniture; manufacture of articles of straw & plaiting materials
Group 161 - Sawmilling & planning of wood
Group 162 - Manufacture of products of wood, cork, straw & plaiting materials
- Division 17 - Manufacture of paper & paper products
Group 170 - Manufacture of paper & paper products
- Division 18 - Printing and reproduction of recorded media
Group 181 - Printing and service activities related to printing
Group 182 - Reproduction of recorded media
- Division 19 - Manufacture of coke and refined petroleum products
Group 191 - Manufacture of coke oven products
Group 192 - Manufacture of refined petroleum products
- Division 20 - Manufacture of chemicals and chemical products
Group 201 - Manufacture of basic chemicals, fertilizer & nitrogen compounds, plastics & synthetic rubber in primary forms
Group 202 - Manufacture of other chemical products
Group 202 - Manufacture of man-made fibres
- Division 21 - Manufacture of pharmaceuticals, medicinal chemical & botanical products
Group 210 - Manufacture of pharmaceuticals, medicinal chemical and botanical products
- Division 22 - Manufacture of rubber and plastics products
Group 221 - Manufacture of rubber products
Group 222 - Manufacture of plastics products
- Division 23 - Manufacture of other non-metallic mineral products
Group 231 - Manufacture of glass and glass products
Group 239 - Manufacture of non-metallic mineral products n.e.c.
- Division 24 - Manufacture of basic metals
Group 241 - Manufacture of basic iron and steel
Group 242 - Manufacture of basic precious and other non-ferrous metals
Group 243 - Casting of metals
- Division 25 - Manufacture of fabricated metal products, except machinery and equipment
Group 251 - Manufacture of structural metal products, tanks, reservoirs and steam generators
Group 252 - Manufacture of weapons and ammunition
Group 259 - Manufacture of other fabricated metal products; metalworking service activities
- Division 26 - Manufacture of computer, electronic & optical products
Group 261 - Manufacture of electronic components
Group 262 - Manufacture of computers and peripheral equipment
Group 263 - Manufacture of communication equipment
Group 264 - Manufacture of consumer electronics
Group 265 - Manufacture of measuring, testing, navigating and control equipment; watches and clocks
Group 266 - Manufacture of irradiation, electromedical and electrotherapeutic equipment
Group 267 - Manufacture of optical instruments and equipment
Group 268 - Manufacture of magnetic and optical media
- Division 27 - Manufacture of electrical equipment
Group 271 - Manufacture of electric motors, generators, transformers and electricity distribution and control apparatus
Group 272 - Manufacture of batteries and accumulators
Group 273 - Manufacture of wiring and wiring devices
Group 274 - Manufacture of electric lighting equipment
Group 275 - Manufacture of domestic appliances
Group 279 - Manufacture of other electrical equipment
- Division 28 - Manufacture of machinery and equipment n.e.c.
Group 281 - Manufacture of general purpose machinery
Group 282 - Manufacture of special-purpose machinery
- Division 29 - Manufacture of motor vehicles, trailers and semi-trailers
Group 291 - Manufacture of motor vehicles
Group 292 - Manufacture of bodies (coachwork) for motor vehicles; manufacture of trailers and semi-trailers
Group 293 - Manufacture of parts and accessories for motor vehicles
- Division 30 - Manufacture of other transport equipment
Group 301 - Building of ships and boats
Group 302 - Manufacture of railway locomotives and rolling stock
Group 303 - Manufacture of air and spacecraft and related machinery
Group 304 - Manufacture of military fighting vehicles
Group 309 - Manufacture of transport equipment n.e.c.
- Division 31 - Manufacture of furniture
Group 310 - Manufacture of furniture
- Division 32- Other manufacturing
Group 321 - Manufacture of jewellery, bijouterie and related articles
Group 322 - Manufacture of musical instruments
Group 323 - Manufacture of sports goods
Group 324 - Manufacture of games and toys
Group 325 - Manufacture of medical and dental instruments and supplies
Group 329 - Other manufacturing n.e.c.
- Division 33 - Repair and installation of machinery & equipment
Group 331 - Repair of fabricated metal products, machinery & equipment
Group 332 - Installation of industrial machinery & equipment
Section D - Electricity, gas, steam and air conditioning supply
- Division 35 - Electricity, gas, steam and air conditioning supply
Group 351 - Electric power generation, transmission and distribution
Group 352 - Manufacture of gas; distribution of gaseous fuels through mains
Group 353 - Steam and air conditioning supply
Section E - Water supply; sewerage, waste management & remediation activities
- Division 36 - Water collection, treatment and supply
Group 360 - Water collection, treatment and supply
- Division 37 - Sewerage
Group 370 - Sewerage
- Division 38 - Waste collection, treatment & disposal activities; materials recovery
Group 381 - Waste collection
Group 382 - Waste treatment and disposal
Group 383 - Materials recovery
- Division 39 - Remediation activities & other waste management services
Group 390 - Remediation activities and other waste management services
Section F - Construction
- Division 41 - Construction of buildings
Group 410 - Construction of buildings
- Division 42 - Civil engineering
Group 421 - Construction of roads and railways
Group 422 - Construction of utility projects
Group 429 - Construction of other civil engineering projects
- Division 43 - Specialized construction activities
Group 431 - Demolition and site preparation
Group 432 - Electrical, plumbing and other construction installation activities
Group 433 - Building completion and finishing
Group 439 - Other specialized construction activities
Section G - Wholesale and retail trade; repair of motor vehicles & motorcycles
- Division 45 - Wholesale and retail trade; repair of motor vehicles and motorcycles
Group 451 - Sale of motor vehicles
Group 452 - Maintenance and repair of motor vehicles
Group 453 - Sale of motor vehicle parts and accessories
Group 454 - Sale, maintenance and repair of motorcycles and related parts and accessories
- Division 46 - Wholesale trade, except of motor vehicles and motorcycles
Group 461 - Wholesale on a fee or contract basis
Group 462 - Wholesale of agricultural raw materials and live animals
Group 463 - Wholesale of food, beverages and tobacco
Group 464 - Wholesale of household goods
Group 465 - Wholesale of machinery, equipment and supplies
Group 466 - Other specialised wholesale
Group 469 - Non-specialized wholesale trade
- Division 47 - Retail trade, except of motor vehicles and motorcycles
Group 471 - Retail sale in non-specialized stores
Group 472 - Retail sale of food, beverages and tobacco in specialised stores
Group 473 - Retail sale of automotive fuel in specialised stores
Group 474 - Retail sale of information and communications equipment in specialised stores
Group 475 - Retail sale of other household equipment in specialised stores
Group 476 - Retail sale of cultural and recreation goods in specialised stores
Group 477 - Retail sale of other goods in specialised stores
Group 478 - Retail sale via stalls and markets
Group 479 - Retail trade not in stores, stalls or markets
Section H - Transportation and storage
- Division 49 - Land transport & transport via pipelines
Group 491 - Transport via railways
Group 492 - Other land transport
Group 493 - Transport via pipeline
- Division 50 - Water transport
Group 501 - Sea and coastal water transport
Group 502 - Inland water transport
- Division 51 - Air transport
Group 511 - Passenger air transport
Group 512 - Freight air transport
- Division 52 - Warehousing and support activities for transportation
Group 521 - Warehousing and storage
Group 522 - Support activities for transportation
- Division 53 - Postal and courier activities
Group 531 - Postal activities
Group 532 - Courier activities
Section I - Accommodation and Food service activities
- Division 55 - Accommodation
Group 551 - Short term accommodation activities
Group 552 - Camping grounds, recreational vehicle parks and trailer parks
Group 559 - Other accommodation
- Division 56 - Food and beverage service activities
Group 561 - Restaurants and mobile food service activities
Group 562 - Event catering and other food service activities
Group 563 - Beverage serving activities
Section J - Information and communication
- Division 58 - Publishing activities
Group 581 - Publishing of books, periodicals and other publishing activities
Group 582 - Software publishing
- Division 59 - Motion picture, video and television programme production, sound recording and music publishing activities
Group 591 - Motion picture, video and television programme activities
Group 592 - Sound recording and music publishing activities
- Division 60 - Broadcasting and programming activities
Group 601 - Radio broadcasting
Group 602 - Television programming and broadcasting activities
- Division 61 - Telecommunications
Group 611 - Wired telecommunications activities
Group 612 - Wireless telecommunications activities
Group 613 - Satellite telecommunications activities
Group 619 - Other telecommunications activities
- Division 62 - Computer programming, consultancy and related activities
Group 620 - Computer programming, consultancy and related activities
- Division 63 - Information service activities
Group 631 - Data processing, hosting and related activities; web portals
Group 639 - Other information service activities
Section K - Financial and insurance activities
- Division 64 - Financial service activities, except insurance and pension funding
Group 641 - Monetary intermediation
Group 642 - Activities of holding companies
Group 643 - Trusts, funds and other financial vehicles
Group 649 - Other financial service activities, except insurance and pension funding activities
- Division 65 - Insurance, reinsurance and pension funding, except compulsory social security
Group 651 - Insurance
Group 652 - Reinsurance
Group 653 - Pension funding
- Division 66 - Other financial activities
Group 661 - Activities auxiliary to financial service activities, except insurance and pension funding
Group 662 - Activities auxiliary to insurance and pension funding
Group 663 - Fund management activities
Section L - Real estate activities
- Division 68 - Real estate activities
Group 681 - Real estate activities with own or leased property
Group 682 - Real estate activities on a fee or contract basis
Section M - Professional, scientific and technical activities
- Division 69 - Legal and accounting activities
Group 691 - Legal activities
Group 692 - Accounting, bookkeeping and auditing activities; tax consultancy
- Division 70 - Activities of head offices; management consultancy activities
Group 701 - Activities of head offices
Group 702 - Management consultancy activities
- Division 71 - Architecture & engineering activities; technical testing and analysis
Group 711 - Architectural and engineering activities and related technical consultancy
Group 712 - Technical testing and analysis
- Division 72 - Scientific research and development
Group 721 - Research and experimental development on natural sciences and engineering
Group 722 - Research and experimental development on social sciences and humanities
- Division 73 - Advertising and market research
Group 731 - Advertising
Group 732 - Market research and public opinion polling
- Division 74 - Other professional, scientific and technical activities
Group 741 - Specialised design activities
Group 742 - Photographic activities
Group 749 - Other professional, scientific and technical activities n.e.c.
- Division 75 - Veterinary activities
Group 750 - Veterinary activities
Section N - Administrative and support service activities
- Division 77 - Rental and leasing activities
Group 771 - Renting and leasing of motor vehicles
Group 772 - Renting and leasing of personal and household goods
Group 773 - Renting and leasing of other machinery, equipment and tangible goods n.e.c.
Group 774 - Leasing of nonfinancial intangible assets
- Division 78 - Employment activities
Group 781 - Activities of employment placement agencies
Group 782 - Temporary employment agency activities
Group 783 - Human resources provision and management of human resources functions
- Division 79 - Travel agency, tour operator and other reservation service activities
Group 791 - Travel agency and tour operator activities
Group 799 - Other reservation service activities
- Division 80 - Security and investigation activities
Group 801 - Private security activities
Group 802 - Security systems service activities
Group 803 - Investigation activities
- Division 81 - Services to buildings and landscape activities
Group 811 - Combined facilities support activities
Group 812 - Cleaning activities
Group 813 - Landscape care and maintenance service activities
- Division 82 - Office administrative, office support and other business support activities
Group 821 - Combined facilities support activities
Group 822 - Activities of call centres
Group 823 - Organization of conventions and trade shows
Group 829 - Business support service activities n.e.c.
Section O - Public administration and defence; compulsory social security
- Division 84 - Public administration and defence; compulsory social security
Group 841 - Administration of the State and the economic and social policy of the community
Group 842 - Provision of services to the community as a whole
Group 843 - Compulsory social security activities
Section P - Education
- Division 85 - Education
Group 851 - Primary education
Group 852 - Secondary education
Group 853 - Higher education
Group 854 - Other education
Group 855 - Educational support services
Section Q - Human health and social work activities
- Division 86 - Human health activities
Group 861 - Hospital activities
Group 862 - Medical and dental practice activities
Group 869 - Other human health activities
- Division 87 - Residential care activities
Group 871 - Nursing care facilities
Group 872 - Residential care activities for mental retardation, mental health and substance abuse
Group 873 - Residential care activities for the elderly and disabled
Group 879 - Other residential care activities n.e.c.
- Division 88 - Social work activities without accommodation
Group 881 - Social work activities without accommodation for the elderly and disabled
Group 889 - Other social work activities without accommodation n.e.c.
Section R - Arts, entertainment and recreation
- Division 90 - Creative, arts and entertainment activities
Group 900 - Creative, arts and entertainment activities
- Division 91 - Libraries, archives, museums and other cultural activities
Group 910 - Libraries, archives, museums and other cultural activities
- Division 92 - Gambling and betting activities
Group 920 - Gambling and betting activities
- Division 93 - Sports activities and amusement and recreation activities
Group 931 - Sports activities
Group 932 - Other amusement and recreation activities
Section S - Other Service Activities
- Division 94 - Activities of membership organisations
Group 941 - Activities of business, employers and professional membership organisations
Group 942 - Activities of trade unions
Section T - Activities of households as employers; undifferentiated goods and services-producing activities of households for own use
- Division 97 - Activities of households as employers of domestic personnel
- Division 98 - Undifferentiated goods- and services-producing activities of private households for own use
Section U - Activities of Extraterritorial Organizations and Bodies
- Division 99 - Activities of extraterritorial organisations and bodies
How can RegisterKaro help you?
RegisterKaro offers various services to assist companies in registering for a NIC Code, including:
We will provide you instructions & advice on how to get a NIC Code including all the documentation & the actions required;
Help in the filing of the NIC Code Application;
To guarantee that the NIC Code Application is completed fast and the NIC Code is issued, follow up with the appropriate authorities;
Offers continuing assistance & support to businesses as needed, including responding to any inquiries or taking care of any problems that could emerge along the procedure;
Our experts will help businesses in streamlining the process of getting a NIC Code & making sure that they can complete the process effectively & quickly.