Explore NIC Code For Udyog Aadhar Or LLP / Company Registration.
NIC Code 01420 - Raising of horses and other equines
National Industrial Classification 2008 (NIC-2008) Code 01420 is used for Raising of horses and other equines. 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 01420 is shown below.
| Level | Description |
|---|---|
| Section A | AGRICULTURE, FORESTY AND FISHING |
| Division 01 | Crop and animal production, hunting and related service activities |
| Group 014 | Animal production |
| Class 0142 | Raising of horses and other equines |
| Sub-Class 01420 | Raising of horses and other equines |
Why is NIC Code 01420 Important?
When registering your Raising of horses and other equines business in India, you'll need the NIC Code 01420 for official documentation and compliance. NIC Code 01420 ensures that your business is correctly categorized under Raising of horses and other equines for taxation and regulatory requirements.