Dear All, please help me with the NIC Code and Primary Business Activity selection for PF and ESIC registration. We are registering two firms for PF and ESIC with the following business activities:
Business Activities for Firm 1
1. Business activities include Cable Blowing, T&D, DIT, Commissioning, Termination, Splicing, R&M, Electrical Work, as well as Civil Work.
Business Activity for Firm 2
2. Business Activity is Trading of Seeds.
I kindly request your guidance on the NIC Code and Primary Business Activity for the above two businesses.
Thank you.
From India, Ahmedabad
Acknowledge(0)
Amend(0)
Business Activities for Firm 1
1. Business activities include Cable Blowing, T&D, DIT, Commissioning, Termination, Splicing, R&M, Electrical Work, as well as Civil Work.
Business Activity for Firm 2
2. Business Activity is Trading of Seeds.
I kindly request your guidance on the NIC Code and Primary Business Activity for the above two businesses.
Thank you.
From India, Ahmedabad
Acknowledge(0)Amend(0)
Sir, we do not need the code for GST; it's needed for PF & ESIC registration. The first company is a contract job, and the second is a private limited company. Please guide for the Primary Business Activity for both.
Regards, Nrupal
From India, Ahmedabad
Acknowledge(0)Amend(0)
Regards, Nrupal
From India, Ahmedabad
Acknowledge(0)Amend(0)
Understanding NIC Codes for Business Activities
NIC code is product-based, and such a broad description cannot pinpoint anything specific. There are classifications for all products. Though GSTN/HSN codes are different, using those would make it easier to find the exact code.
Identifying the Appropriate Section for Electricals
For electricals, there are almost 20 sections in manufacturing plus service. Which one is appropriate? One cannot decide based on such a wide explanation. It would be better if they could provide at least one major product GSTN/HSN code; then it would be easy to find out the exact NIC code.
Examples of Cable Types
For example, cable blowing does not necessarily mean it is an electrical cable; it can be a telephone or automobile cable as well. It could be an LT cable (below 1000 watts), HT cable (above 1000 watts), or railway cable (a separate entity in NIC).
ESIC Registration Considerations
However, for ESIC, it is "establishment run with electricity."
Advice for Registration
If you are registering on behalf of somebody else, ask them to sit with you and search here for the proper NIC. Once allotted, it cannot be changed or amended.
https://cleartax.in/s/nic-code
Acknowledge(0)Amend(0)
651NIC code is product-based, and such a broad description cannot pinpoint anything specific. There are classifications for all products. Though GSTN/HSN codes are different, using those would make it easier to find the exact code.
Identifying the Appropriate Section for Electricals
For electricals, there are almost 20 sections in manufacturing plus service. Which one is appropriate? One cannot decide based on such a wide explanation. It would be better if they could provide at least one major product GSTN/HSN code; then it would be easy to find out the exact NIC code.
Examples of Cable Types
For example, cable blowing does not necessarily mean it is an electrical cable; it can be a telephone or automobile cable as well. It could be an LT cable (below 1000 watts), HT cable (above 1000 watts), or railway cable (a separate entity in NIC).
ESIC Registration Considerations
However, for ESIC, it is "establishment run with electricity."
Advice for Registration
If you are registering on behalf of somebody else, ask them to sit with you and search here for the proper NIC. Once allotted, it cannot be changed or amended.
https://cleartax.in/s/nic-code
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
IS 2379 - 1990 - Pipelines - Identification - Colour Code.pdf
How career plans drive business.doc
Activity-based_ budgeting_186.p pt