Explore NIC Code For Udyog Aadhar Or LLP / Company Registration.
NIC Code 20301 - Manufacture of synthetic or artificial filament tow
National Industrial Classification 2008 (NIC-2008) Code 20301 is used for Manufacture of synthetic or artificial filament tow. 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 20301 is shown below.
| Level | Description |
|---|---|
| Section C | MANUFACTURING |
| Division 20 | Manufacture of chemicals and chemical products |
| Group 203 | Manufacture of man-made fibres |
| Class 2030 | Manufacture of man-made fibres |
| Sub-Class 20301 | Manufacture of synthetic or artificial filament tow |
Why is NIC Code 20301 Important?
When registering your Manufacture of synthetic or artificial filament tow business in India, you'll need the NIC Code 20301 for official documentation and compliance. NIC Code 20301 ensures that your business is correctly categorized under Manufacture of synthetic or artificial filament tow for taxation and regulatory requirements.