NIC Code List 2023 PDF
NIC Code List 2023 PDF Download for free using the direct download link given at the bottom of this article.
The National Industrial Classification Code (“NIC Code”) is a statistical standard for developing and maintaining a comparable database for various economic activities. This code has been developed with the intent to ascertain and analyze how each economic activity is contributing toward national wealth.
The Department of Policy and Promotion in their Press Note 4 (2014 series) dated 26 June 2014 decided to switch over to the NIC 2008 from the NIC 1987 version. Since then, all Indian Companies are advised to follow NIC 2008. NIC 2008 is more compatible with the international system of classification. This enables the compliance processes for registration to flow in a smooth manner.
NIC Code List 2023 PDF
NIC code or National Industrial Classification is a classification system used to track activities undertaken by a business. NIC code is used by the majority of the Government Departments in India to classify businesses. This code has been developed with the intent to ascertain and analyze how each economic activity is contributing toward national wealth.
It is in the form of 2-3 digit code, 4-digit code and 5-digit code. 2 and 3-digit codes represent the Group of Business activity, 4 Digit Code represents a class of business activity and 5-digit code represents Sub-Class Of Business activity.
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