Explore NIC Code For Udyog Aadhar Or LLP / Company Registration.
NIC Code 08995 - Mining of asbestos
National Industrial Classification 2008 (NIC-2008) Code 08995 is used for Mining of asbestos. 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 08995 is shown below.
| Level | Description |
|---|---|
| Section B | MINING AND QUARRYING |
| Division 08 | Other Mining and quarrying |
| Group 089 | Mining and quarrying n.e.c. |
| Class 0899 | Other mining and quarrying n.e.c. |
| Sub-Class 08995 | Mining of asbestos |
Why is NIC Code 08995 Important?
When registering your Mining of asbestos business in India, you'll need the NIC Code 08995 for official documentation and compliance. NIC Code 08995 ensures that your business is correctly categorized under Mining of asbestos for taxation and regulatory requirements.