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NIC Code 03121 - Fishing and taking of freshwater crustaceans and molluscs on a commercial basis in inland waters
National Industrial Classification 2008 (NIC-2008) Code 03121 is used for Fishing and taking of freshwater crustaceans and molluscs on a commercial basis in inland waters. 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 03121 is shown below.
| Level | Description |
|---|---|
| Section A | AGRICULTURE, FORESTY AND FISHING |
| Division 03 | Fishing and aquaculture |
| Group 031 | Fishing |
| Class 0312 | Freash water fishing |
| Sub-Class 03121 | Fishing and taking of freshwater crustaceans and molluscs on a commercial basis in inland waters |
Why is NIC Code 03121 Important?
When registering your Fishing and taking of freshwater crustaceans and molluscs on a commercial basis in inland waters business in India, you'll need the NIC Code 03121 for official documentation and compliance. NIC Code 03121 ensures that your business is correctly categorized under Fishing and taking of freshwater crustaceans and molluscs on a commercial basis in inland waters for taxation and regulatory requirements.