Explore NIC Code For Udyog Aadhar Or LLP / Company Registration.
NIC Code 02203 - Production of charcoal in the forest (using traditional methods)
National Industrial Classification 2008 (NIC-2008) Code 02203 is used for Production of charcoal in the forest (using traditional methods). 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 02203 is shown below.
| Level | Description |
|---|---|
| Section A | AGRICULTURE, FORESTY AND FISHING |
| Division 02 | Forestry and logging |
| Group 022 | Logging |
| Class 0220 | Logging |
| Sub-Class 02203 | Production of charcoal in the forest (using traditional methods) |
Why is NIC Code 02203 Important?
When registering your Production of charcoal in the forest (using traditional methods) business in India, you'll need the NIC Code 02203 for official documentation and compliance. NIC Code 02203 ensures that your business is correctly categorized under Production of charcoal in the forest (using traditional methods) for taxation and regulatory requirements.