Explore NIC Code For Udyog Aadhar Or LLP / Company Registration.
NIC Code 24103 - Manufacture of steel in ingots or other primary forms, and other semi-finished products of steel
National Industrial Classification 2008 (NIC-2008) Code 24103 is used for Manufacture of steel in ingots or other primary forms, and other semi-finished products of steel. 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 24103 is shown below.
| Level | Description |
|---|---|
| Section C | MANUFACTURING |
| Division 24 | Manufacture of Basic Metals |
| Group 241 | Manufacture of basic iron and steel |
| Class 2410 | Manufacture of basic iron and steel |
| Sub-Class 24103 | Manufacture of steel in ingots or other primary forms, and other semi-finished products of steel |
Why is NIC Code 24103 Important?
When registering your Manufacture of steel in ingots or other primary forms, and other semi-finished products of steel business in India, you'll need the NIC Code 24103 for official documentation and compliance. NIC Code 24103 ensures that your business is correctly categorized under Manufacture of steel in ingots or other primary forms, and other semi-finished products of steel for taxation and regulatory requirements.