Explore NIC Code For Udyog Aadhar Or LLP / Company Registration.
NIC Code 05101 - Opencast mining of hard coal
National Industrial Classification 2008 (NIC-2008) Code 05101 is used for Opencast mining of hard coal. 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 05101 is shown below.
| Level | Description |
|---|---|
| Section B | MINING AND QUARRYING |
| Division 05 | Mining of coal and lignite |
| Group 051 | Mining of hard coal |
| Class 0510 | Mining of hard coal |
| Sub-Class 05101 | Opencast mining of hard coal |
Why is NIC Code 05101 Important?
When registering your Opencast mining of hard coal business in India, you'll need the NIC Code 05101 for official documentation and compliance. NIC Code 05101 ensures that your business is correctly categorized under Opencast mining of hard coal for taxation and regulatory requirements.