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NIC Code 06102 - On shore extraction of crude petroleum

Group Class Sub Class Description
061  Extraction of crude petroleum
 0610 Extraction of crude petroleum
  06102On shore extraction of crude petroleum

National Industrial Classification 2008 (NIC-2008) Code 06102 is used for On shore extraction of crude petroleum. 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 06102 is shown below.

Level Description
Section BMINING AND QUARRYING
Division 06Extraction of crude petroleum and natural gas
Group 061Extraction of crude petroleum
Class 0610Extraction of crude petroleum
Sub-Class 06102On shore extraction of crude petroleum

Why is NIC Code 06102 Important?

When registering your On shore extraction of crude petroleum business in India, you'll need the NIC Code 06102 for official documentation and compliance. NIC Code 06102 ensures that your business is correctly categorized under On shore extraction of crude petroleum for taxation and regulatory requirements.