Explore NIC Code For Udyog Aadhar Or LLP / Company Registration.
NIC Code 07294 - Mining of chromium ore
National Industrial Classification 2008 (NIC-2008) Code 07294 is used for Mining of chromium ore. 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 07294 is shown below.
| Level | Description |
|---|---|
| Section B | MINING AND QUARRYING |
| Division 07 | Mining of metal ores |
| Group 072 | Mining of non-ferrous metal ores |
| Class 0729 | Mining of other non-ferrous metal ores |
| Sub-Class 07294 | Mining of chromium ore |
Why is NIC Code 07294 Important?
When registering your Mining of chromium ore business in India, you'll need the NIC Code 07294 for official documentation and compliance. NIC Code 07294 ensures that your business is correctly categorized under Mining of chromium ore for taxation and regulatory requirements.