NIC Code for Other forestry activities including growing of pulpwood, firewood etc

The National Industrial Classification (NIC) Code is a standard system applicable in India to classify business activities to assist regulation, statistical as well as compliance. This classification is compulsory with Udyam Registration (MSME), Udyog Aadhaar, company incorporation, LLP registration, GST registration, bank documents and industry-related approvals.

In the case of a business engaged in Other forestry activities including growing of pulpwood, firewood etc the appropriate category of NIC is displayed as Class 0210 and Subclass 02109 that allows the activity to be registered as being official government and financial systems. The classification is used by businesses in the industries like AC repair, water purifier servicing, building material supply, digital signature services, IT consulting, trading, transport, and agricultural trading, painting, recycling, etc.

NIC Class 0210 & Subclass 02109 for Other forestry activities including growing of pulpwood, firewood etc

The NIC Code for Other forestry activities including growing of pulpwood, firewood etc falls under:

  • NIC Class: 0210
  • NIC Subclass: 02109

This subclass includes all activities linked with Other forestry activities including growing of pulpwood, firewood etc that are connected to service delivery, manufacturing, trading, supply, installation, support, and maintenance. The business entities that are registered in the form of MSME or as a company will have to use this subclass in order to be properly classified by the ministry of corporate affairs (MCA), GST authorities, and Udyam portal.

Proper selection of NIC Code not only helps in compliance but also in recognizing various government records, tenders, industry licensing, and financial audits.

Importance of NIC Code for Udyam Registration & Udyog Aadhaar

The NIC Code is vital in the Udyam Registration process where all the businesses are required to declare the type of operations they are involved in. To businesses engaged in Other forestry activities including growing of pulpwood, firewood etc the right NIC Class 0210 and Subclass 02109 helps in:

  • Correctly classify as Micro, Small or Medium enterprise
  • Eligibility for MSME subsidies and government schemes
  • Eliminate errors in Udyam portal verification process
  • Easy linking with GST, PAN, bank accounts and MCA documents
  • Preferred in government tenders under MSME schemes
  • Prevents rejection and delays caused by incorrect classification

Benefits of Using the Correct NIC Code for Other forestry activities including growing of pulpwood, firewood etc

Uninterrupted Legal and Financial Compliance

Banks, NBFCs, and other government portals validate business activities via NIC codes for correct and accurate classification.

Access to MSME Incentives

  • Collateral-free loans
  • Interest rate subsidies
  • Technological upgrade plans
  • Government reimbursement programs

Fast Company/LLP Incorporation

The MCA system is automatic in cross-verification of NIC codes, which allows a much quicker approvals of businesses in Other forestry activities including growing of pulpwood, firewood etc

Evading Non-compliance Problems

Wrong NIC codes can lead to questioning when you go to submit your taxes, during audits or when tenders are being applied.

Improved Government Data Transparency

Right classification can improve the total visibility in Udyam, GST, GeM and industry databases.

Proper Industry Positioning

The NIC code evidently places your type of businesses as a useful part in AC repair, RO maintenance, building materials, electrical stores, IT systems, transport and agricultural trading, other services or manufacturing businesses.

NIC Code Structure for Other forestry activities including growing of pulpwood, firewood etc - Division, Group, Class & Subclass Explained

The NIC is organized in a hierarchical system that assist government to classify the businesses accurately:

  • 2-digit Division Code: This recognizes the industry sector.
  • 3-digit Group Code: Classifies businesses in that division.
  • 4-digit Class Code 0210: Defines the primary industrial class.
  • 5-digit Subclass Code 02109: Identifies the specific activity being carried out.
  • Used for NIC Code search, Udyam, Udyog Aadhaar & industry mapping

All businesses, regardless of whether they are suppliers, manufacturers, traders or service providers, have to categorize themselves according to this structure.

Description for NIC Code 02109 - Other forestry activities including growing of pulpwood, firewood etc

NIC Code 02109 of Class 0210 covers all businesses that are involved in Other forestry activities including growing of pulpwood, firewood etc and all associated commercial, operational, servicing, manufacturing or trading operations.

Under this code of business, the business can be service centers, consultants, technicians, wholesalers, retailers, manufacturing units, distributors, or support-oriented firms based on the nature of Other forestry activities including growing of pulpwood, firewood etc.

This NIC Code is applied during MSME Udyam Registration, Udyog Aadhaar, GST registration, incorporation of companies, tenders, bank loan applications, government licensing and compliance.

This classification enables government agencies to find the correct business and put into place the correct economic sector.

Frequently Asked Questions (FAQs)

What is the NIC Code for Other forestry activities including growing of pulpwood, firewood etc?

The NIC Code of Other forestry activities including growing of pulpwood, firewood etc presents a particular industrial classification of this activity within the National Industrial Classification system that helps in classifying the business properly.

What is the description of NIC Code 02109?

NIC Code 02109 consist of activities related to Other forestry activities including growing of pulpwood, firewood etc, defining the scope, nature, and functions involved in this line of business.

Who issues the NIC Code in India?

The National Statistical Office (NSO) of the ministry of Statistics and Programme implementation (MoSPI) of the Government of India, issues and maintains NIC Codes.

What is the role of NIC Code in Udyam Registration for Other forestry activities including growing of pulpwood, firewood etc?

In Udyam Registration, the NIC Code for Other forestry activities including growing of pulpwood, firewood etc, is used to ensure that MSMEs are classified appropriately and the business can obtain government benefits, subsidies, and other advantages tied to compliance.

What is the two-digit Division NIC Code for Other forestry activities including growing of pulpwood, firewood etc?

The two-digit Division NIC Code of Other forestry activities including growing of pulpwood, firewood etc refers to the industrial sector in which this activity falls under and then it is further broken down to group, classes, and subclasses.

What is the three-digit Group NIC Code for Other forestry activities including growing of pulpwood, firewood etc?

The three digits Group Code for Other forestry activities including growing of pulpwood, firewood etc further classifies the activity in the division along with other similar industries so that it is categorized correctly.