The MSME registration asks for the business activity by NIC code. For retail sale of second-hand goods, that activity is 47740.
NIC code · National Industrial Classification 2008
47740 is the 5-digit NIC 2008 code for retail sale of second-hand goods: a sub-class of class 4774, retail sale of second-hand goods, within division 47, retail trade, except of motor vehicles and motorcycles. Search a code or activity below, or copy the code for your Udyam or SPICe+ form.
This code
Division 47Group 477Class 4774Sub-class 47740
Retail sale of second-hand goods
Sub-class 47740 · Class 4774 · Group 477 · Division 47 · Section G, NIC 2008
The code
Where the code sits in the National Industrial Classification 2008, from section to sub-class, in the official wording.
477405 digits: 47 + 7 + 4 + 0NIC 2025 · Notice dated 16 October 2026
On 18 November 2025 the Ministry of Statistics and Programme Implementation released NIC 2025, which uses 6-digit codes aligned with the UN's ISIC Revision 5. This page shows the NIC 2008 code 47740. The matching NIC 2025 code will be added here once it is mapped from MoSPI's official concordance.
How to read it
An NIC code is built in layers. Each digit narrows the one before it: the division, the group, the class, and finally the 5-digit sub-class. Divisions themselves are grouped under lettered sections.
The broadest numbered layer. Division 47 covers retail trade, except of motor vehicles and motorcycles. It sits in section G, wholesale and retail trade; repair of motor vehicles and motorcycles.
Retail sale of other goods in specialized stores.
Retail sale of second-hand goods. The official note for this class is quoted below.
Retail sale of second-hand goods. The full 5-digit code you enter where a form asks for the business activity by NIC code.
What it covers
47740 is a sub-class of class 4774, retail sale of second-hand goods. The NIC 2008 document explains the class in the note below, quoted exactly.
This class includes retail sale of second-hand books, retail sale of other second-hand goods, retail sale of antiques, activities of auctioning houses (retail)
This class excludes:
- - retail sale of second-hand motor vehicles, see 4510
- - activities of Internet auctions and other non-store auctions (retail), see 4791, 4799
- - activities of pawn shops, see 6492
Where you use it
Two registration forms ask for the business activity by NIC code. This is where 47740 is entered.
The MSME registration asks for the business activity by NIC code. For retail sale of second-hand goods, that activity is 47740.
The company incorporation form asks for the main industrial activity of the proposed company by NIC code.
Not GST. GST registration does not use NIC codes; goods and services there are classified by HSN and SAC codes.
Choosing the right code
47740 is for retail sale of second-hand goods. The codes below sit closest to it in NIC 2008: other classes in group 477. Each has its own page with the official wording.
These belong to other classes in group 477, retail sale of other goods in specialized stores. 47740 itself is in class 4774. Use the search above for any other code on this page.
Questions
Retail sale of second-hand goods, in the National Industrial Classification 2008. It is a sub-class of class 4774, retail sale of second-hand goods.
In Udyam Registration, which asks for the business activity by NIC code, and in the SPICe+ company incorporation form, which asks for the main industrial activity by NIC code. GST registration does not use NIC codes.
About this page
The section, division, group, class and sub-class on this page, and the explanatory note for class 4774, are taken word for word from the official document “National Industrial Classification (All Economic Activities) 2008”, Central Statistical Organisation, Ministry of Statistics and Programme Implementation, Government of India.
This is reference information on the classification of a business activity. It is not advice on which code your own business should declare, and the official NIC document prevails if the two ever differ. A change in the classification, including the MoSPI concordance to NIC 2025, re-opens this page for checking.
Not sure which code fits your activity, or spotted a mismatch? Use the WhatsApp button on this page and tell us what the business sells and how.