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NIC Code 92001 - Wholesale of lottery tickets

Group Class Sub Class Description
920  Gambling and betting activities
 9200 Gambling and betting activities
  92001Wholesale of lottery tickets

National Industrial Classification 2008 (NIC-2008) Code 92001 is used for Wholesale of lottery tickets. 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 92001 is shown below.

Level Description
Section RArts, entertainment and recreation
Division 92Gambling and betting activities
Group 920Gambling and betting activities
Class 9200Gambling and betting activities
Sub-Class 92001Wholesale of lottery tickets

Why is NIC Code 92001 Important?

When registering your Wholesale of lottery tickets business in India, you'll need the NIC Code 92001 for official documentation and compliance. NIC Code 92001 ensures that your business is correctly categorized under Wholesale of lottery tickets for taxation and regulatory requirements.