Explore NIC Code For Udyog Aadhar Or LLP / Company Registration.
NIC Code 68200 - Real estate activities on a fee or contract basis
National Industrial Classification 2008 (NIC-2008) Code 68200 is used for Real estate activities on a fee or contract basis. 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 68200 is shown below.
| Level | Description |
|---|---|
| Section L | REAL ESTATE ACTIVITIES |
| Division 68 | Real estate activities |
| Group 682 | Real estate activities on a fee or contract basis |
| Class 6820 | Real estate activities on a fee or contract basis |
| Sub-Class 68200 | Real estate activities on a fee or contract basis |
Why is NIC Code 68200 Important?
When registering your Real estate activities on a fee or contract basis business in India, you'll need the NIC Code 68200 for official documentation and compliance. NIC Code 68200 ensures that your business is correctly categorized under Real estate activities on a fee or contract basis for taxation and regulatory requirements.