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NIC Code 02402 - Logging service activities such as transport of logs within the forest

Group Class Sub Class Description
024  Support services to forestry
 0240 Support services to forestry
  02402Logging service activities such as transport of logs within the forest

National Industrial Classification 2008 (NIC-2008) Code 02402 is used for Logging service activities such as transport of logs within the forest. 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 02402 is shown below.

Level Description
Section AAGRICULTURE, FORESTY AND FISHING
Division 02Forestry and logging
Group 024Support services to forestry
Class 0240Support services to forestry
Sub-Class 02402Logging service activities such as transport of logs within the forest

Why is NIC Code 02402 Important?

When registering your Logging service activities such as transport of logs within the forest business in India, you'll need the NIC Code 02402 for official documentation and compliance. NIC Code 02402 ensures that your business is correctly categorized under Logging service activities such as transport of logs within the forest for taxation and regulatory requirements.