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NIC Code 01123 - Inorganic farming of basmati rice

Group Class Sub Class Description
011  Growing of non-perennial crops
 0112 Growing of rice
  01123Inorganic farming of basmati rice

National Industrial Classification 2008 (NIC-2008) Code 01123 is used for Inorganic farming of basmati rice. 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. NIC code id required to obtain Udyog Aadhar or register a Company / LLP in India.

National Industrial Classification 2008 (NIC-2008) Code Structure

All the activities are grouped into several "activity groups" or "tabulation categories" in a hierarchical manner. 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'.

The structure for NIC Code 01123 is shown below.

Level Description
Section AAGRICULTURE, FORESTY AND FISHING
Division 01Crop and animal production, hunting and related service activities
Group 011Growing of non-perennial crops
Class 0112Growing of rice
Sub-Class 01123Inorganic farming of basmati rice

Why is NIC Code 01123 Important?

When registering your Inorganic farming of basmati rice business in India, you'll need the NIC Code 01123 for official documentation and compliance. NIC Code 01123 ensures that your business is correctly categorized under Inorganic farming of basmati rice for taxation and regulatory requirements.