Explore NIC Code For Udyog Aadhar Or LLP / Company Registration.
NIC Code 77301 - Renting and operational leasing, without operator, of other machinery and equipment that are generally used as capital goods by industries
| Group | Class | Sub Class | Description |
|---|---|---|---|
| 773 | Renting and leasing of other machinery, equipment and tangible goods n.e.c. | ||
| 7730 | Renting and leasing of other machinery, equipment and tangible goods n.e.c. | ||
| 77301 | Renting and operational leasing, without operator, of other machinery and equipment that are generally used as capital goods by industries |
National Industrial Classification 2008 (NIC-2008) Code 77301 is used for Renting and operational leasing, without operator, of other machinery and equipment that are generally used as capital goods by industries. 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 77301 is shown below.
| Level | Description |
|---|---|
| Section N | ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES |
| Division 77 | Rental and leasing activities |
| Group 773 | Renting and leasing of other machinery, equipment and tangible goods n.e.c. |
| Class 7730 | Renting and leasing of other machinery, equipment and tangible goods n.e.c. |
| Sub-Class 77301 | Renting and operational leasing, without operator, of other machinery and equipment that are generally used as capital goods by industries |
Why is NIC Code 77301 Important?
When registering your Renting and operational leasing, without operator, of other machinery and equipment that are generally used as capital goods by industries business in India, you'll need the NIC Code 77301 for official documentation and compliance. NIC Code 77301 ensures that your business is correctly categorized under Renting and operational leasing, without operator, of other machinery and equipment that are generally used as capital goods by industries for taxation and regulatory requirements.