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NIC Code 20303 - Manufacture of synthetic or artificial filament yarn, tenacity yarn whether or not textured including high tenacity yarn

Group Class Sub Class Description
203  Manufacture of man-made fibres
 2030 Manufacture of man-made fibres
  20303Manufacture of synthetic or artificial filament yarn, tenacity yarn whether or not textured including high tenacity yarn

National Industrial Classification 2008 (NIC-2008) Code 20303 is used for Manufacture of synthetic or artificial filament yarn, tenacity yarn whether or not textured including high tenacity yarn. 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 20303 is shown below.

Level Description
Section CMANUFACTURING
Division 20Manufacture of chemicals and chemical products
Group 203Manufacture of man-made fibres
Class 2030Manufacture of man-made fibres
Sub-Class 20303Manufacture of synthetic or artificial filament yarn, tenacity yarn whether or not textured including high tenacity yarn

Why is NIC Code 20303 Important?

When registering your Manufacture of synthetic or artificial filament yarn, tenacity yarn whether or not textured including high tenacity yarn business in India, you'll need the NIC Code 20303 for official documentation and compliance. NIC Code 20303 ensures that your business is correctly categorized under Manufacture of synthetic or artificial filament yarn, tenacity yarn whether or not textured including high tenacity yarn for taxation and regulatory requirements.