Explore NIC Code For Udyog Aadhar Or LLP / Company Registration.
NIC Code 20116 - Manufacture of basic chemical elements
National Industrial Classification 2008 (NIC-2008) Code 20116 is used for Manufacture of basic chemical elements. 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 20116 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 20116 | Manufacture of basic chemical elements |
Why is NIC Code 20116 Important?
When registering your Manufacture of basic chemical elements business in India, you'll need the NIC Code 20116 for official documentation and compliance. NIC Code 20116 ensures that your business is correctly categorized under Manufacture of basic chemical elements for taxation and regulatory requirements.