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NIC Code 77305 - Renting and operational leasing of land-transport equipment (other than motor vehicles) without drivers

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.
  77305Renting and operational leasing of land-transport equipment (other than motor vehicles) without drivers

National Industrial Classification 2008 (NIC-2008) Code 77305 is used for Renting and operational leasing of land-transport equipment (other than motor vehicles) without drivers. 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 77305 is shown below.

Level Description
Section NADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES
Division 77Rental and leasing activities
Group 773Renting and leasing of other machinery, equipment and tangible goods n.e.c.
Class 7730Renting and leasing of other machinery, equipment and tangible goods n.e.c.
Sub-Class 77305Renting and operational leasing of land-transport equipment (other than motor vehicles) without drivers

Why is NIC Code 77305 Important?

When registering your Renting and operational leasing of land-transport equipment (other than motor vehicles) without drivers business in India, you'll need the NIC Code 77305 for official documentation and compliance. NIC Code 77305 ensures that your business is correctly categorized under Renting and operational leasing of land-transport equipment (other than motor vehicles) without drivers for taxation and regulatory requirements.