Explore NIC Code For Udyog Aadhar Or LLP / Company Registration.
NIC Code 02101 - Growing of standing timber (planting, replanting, transplanting, thinning and conserving of forests and timber tracts)
National Industrial Classification 2008 (NIC-2008) Code 02101 is used for Growing of standing timber (planting, replanting, transplanting, thinning and conserving of forests and timber tracts). 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 02101 is shown below.
| Level | Description |
|---|---|
| Section A | AGRICULTURE, FORESTY AND FISHING |
| Division 02 | Forestry and logging |
| Group 021 | Silviculture and other forestry activities |
| Class 0210 | Silviculture and other forestry activities |
| Sub-Class 02101 | Growing of standing timber (planting, replanting, transplanting, thinning and conserving of forests and timber tracts) |
Why is NIC Code 02101 Important?
When registering your Growing of standing timber (planting, replanting, transplanting, thinning and conserving of forests and timber tracts) business in India, you'll need the NIC Code 02101 for official documentation and compliance. NIC Code 02101 ensures that your business is correctly categorized under Growing of standing timber (planting, replanting, transplanting, thinning and conserving of forests and timber tracts) for taxation and regulatory requirements.