Explore NIC Code For Udyog Aadhar Or LLP / Company Registration.
NIC Code 20115 - Manufacture of turpentine and resins of vegetable origin
National Industrial Classification 2008 (NIC-2008) Code 20115 is used for Manufacture of turpentine and resins of vegetable origin. 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 20115 is shown below.
| Level | Description |
|---|---|
| Section C | MANUFACTURING |
| Division 20 | Manufacture of chemicals and chemical products |
| Group 201 | Manufacture of basic chemicals, fertilizer and nitrogen compounds, plastics and synthetic rubber in primary forms |
| Class 2011 | Manufacture of basic chemicals |
| Sub-Class 20115 | Manufacture of turpentine and resins of vegetable origin |
Why is NIC Code 20115 Important?
When registering your Manufacture of turpentine and resins of vegetable origin business in India, you'll need the NIC Code 20115 for official documentation and compliance. NIC Code 20115 ensures that your business is correctly categorized under Manufacture of turpentine and resins of vegetable origin for taxation and regulatory requirements.