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NIC Code 08920 - Extraction and agglomeration of peat

Group Class Sub Class Description
089  Mining and quarrying n.e.c.
 0892 Extraction and agglomeration of peat
  08920Extraction and agglomeration of peat

National Industrial Classification 2008 (NIC-2008) Code 08920 is used for Extraction and agglomeration of peat. 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 08920 is shown below.

Level Description
Section BMINING AND QUARRYING
Division 08Other Mining and quarrying
Group 089Mining and quarrying n.e.c.
Class 0892Extraction and agglomeration of peat
Sub-Class 08920Extraction and agglomeration of peat

Why is NIC Code 08920 Important?

When registering your Extraction and agglomeration of peat business in India, you'll need the NIC Code 08920 for official documentation and compliance. NIC Code 08920 ensures that your business is correctly categorized under Extraction and agglomeration of peat for taxation and regulatory requirements.