Explore NIC Code For Udyog Aadhar Or LLP / Company Registration.
NIC Code 02302 - Gathering of lac, resins and rubber-like gums
National Industrial Classification 2008 (NIC-2008) Code 02302 is used for Gathering of lac, resins and rubber-like gums. 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 02302 is shown below.
| Level | Description |
|---|---|
| Section A | AGRICULTURE, FORESTY AND FISHING |
| Division 02 | Forestry and logging |
| Group 023 | Gathering of non-wood forest products |
| Class 0230 | Gathering of non-wood forest products |
| Sub-Class 02302 | Gathering of lac, resins and rubber-like gums |
Why is NIC Code 02302 Important?
When registering your Gathering of lac, resins and rubber-like gums business in India, you'll need the NIC Code 02302 for official documentation and compliance. NIC Code 02302 ensures that your business is correctly categorized under Gathering of lac, resins and rubber-like gums for taxation and regulatory requirements.