Explore NIC Code For Udyog Aadhar Or LLP / Company Registration.
NIC Code 07295 - Mining of precious metal ore (gold, silver)
National Industrial Classification 2008 (NIC-2008) Code 07295 is used for Mining of precious metal ore (gold, silver). 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 07295 is shown below.
| Level | Description |
|---|---|
| Section B | MINING AND QUARRYING |
| Division 07 | Mining of metal ores |
| Group 072 | Mining of non-ferrous metal ores |
| Class 0729 | Mining of other non-ferrous metal ores |
| Sub-Class 07295 | Mining of precious metal ore (gold, silver) |
Why is NIC Code 07295 Important?
When registering your Mining of precious metal ore (gold, silver) business in India, you'll need the NIC Code 07295 for official documentation and compliance. NIC Code 07295 ensures that your business is correctly categorized under Mining of precious metal ore (gold, silver) for taxation and regulatory requirements.