Explore NIC Code For Udyog Aadhar Or LLP / Company Registration.
NIC Code 06102 - On 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 B | MINING AND QUARRYING |
Division 06 | Extraction of crude petroleum and natural gas |
Group 061 | Extraction of crude petroleum |
Class 0610 | Extraction of crude petroleum |
Sub-Class 06102 | On 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.