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NIC Code 32114 - Manufacture of coins, including coins for use as legal tender, whether or not of precious metal

Group Class Sub Class Description
321  Manufacture of jewellery, bijouterie and related articles
 3211 Manufacture of jewellery and related articles
  32114Manufacture of coins, including coins for use as legal tender, whether or not of precious metal

National Industrial Classification 2008 (NIC-2008) Code 32114 is used for Manufacture of coins, including coins for use as legal tender, whether or not of precious metal. 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 32114 is shown below.

Level Description
Section CMANUFACTURING
Division 32Other manufacturing
Group 321Manufacture of jewellery, bijouterie and related articles
Class 3211Manufacture of jewellery and related articles
Sub-Class 32114Manufacture of coins, including coins for use as legal tender, whether or not of precious metal

Why is NIC Code 32114 Important?

When registering your Manufacture of coins, including coins for use as legal tender, whether or not of precious metal business in India, you'll need the NIC Code 32114 for official documentation and compliance. NIC Code 32114 ensures that your business is correctly categorized under Manufacture of coins, including coins for use as legal tender, whether or not of precious metal for taxation and regulatory requirements.