Explore NIC Code For Udyog Aadhar Or LLP / Company Registration.
NIC Code 05201 - Opencast mining of lignite (brown coal)
National Industrial Classification 2008 (NIC-2008) Code 05201 is used for Opencast mining of lignite (brown 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 05201 is shown below.
| Level | Description |
|---|---|
| Section B | MINING AND QUARRYING |
| Division 05 | Mining of coal and lignite |
| Group 052 | Mining of lignite |
| Class 0520 | Mining of lignite |
| Sub-Class 05201 | Opencast mining of lignite (brown coal) |
Why is NIC Code 05201 Important?
When registering your Opencast mining of lignite (brown coal) business in India, you'll need the NIC Code 05201 for official documentation and compliance. NIC Code 05201 ensures that your business is correctly categorized under Opencast mining of lignite (brown coal) for taxation and regulatory requirements.