HomeInsightExpert CornerKirana General Store Nic Code For Udyog Aadhar

Kirana General Store Nic Code For Udyog Aadhar

Kirana General Store Nic Code

For Kirana shops, Knowing  and using  the correct NIC code is more than just following the rules. it’s a way to grow and find new opportunities of growth. These local grocery stores are vital to their communities and need the NIC code for compliance, recognition. By correctly using their NIC code, kirana shops can benefit and succeed in India’s classification market.

Kirana store business plan – including business ideas and grocery items list.

Kirana Store Nic Code

According to the NIC 2008 system, the NIC Code for Kirana Stores is 52110.

Under NIC 2008, Kirana Shops are listed under Section G Division 52. The specific groups, classes, and subclasses related to them are as follows.

Section G –  Wholesale and Retail Trade; including the repair of Motor Vehicles, Motorcycles and Household Goods.

Division 52 – Retail Trade, Excluding Motor Vehicles And Motorcycles; Repair Of Personal And Household items.

Group 521 – General retail trade in stores

Class 5211 – Retail sale in non-specialised stores that sell food, beverages or tobacco.

Subclass 52110 –  Retail sale in non-specialised stores that primarily sell food, beverages or tobacco but also provide a variety of other lines of products such as cosmetics, clothing etc., apart from their main sales of groceries.

Subclass 52190 – Other retail sales in non-specialized stores, primarily involving departmental stores that offer a broad range of merchandise, such as apparel, appliances, cosmetics, jewellery, toys, sporting goods etc.

Sub- Class 52201 – Retail sale of food, drinks and tobacco in specialised stores , Mainly selling things like cereals and pulses, tea, coffee, spices, flour and other basic food items.

Importance of NIC Code

There are lots of importance of NIC code:

  • To identify the business: Registering a Kirana business under the right NIC code helps ensure that the Kirana shops are properly recognised and categorised in the economic landscape. This makes it easier to analysis data and create policy.
  • Government Compliance: The code helps ensure kirana shops follow the right rules and regulations. It also makes it easier to get licences, permits, and registrations.
  • Access to Benefits: Kirana shops with the correct NIC code can access government schemes, incentives, and support designed for their sector. This can help these small businesses grow and succeed.
  • Market Insights: The NIC code helps authorities collect data on Kirana shop trends, which supports better policy enhancement and decisions for economic growth.

Know more about the steps to make a business successful.

Conclusion – Kirana Store Nic Code

Using the correct NIC code for kirana shops is important for regulatory compliance, accessing government support and also help in making best policy making. It also help businesses in growing and succeed.

FAQs – Kirana Store Nic Code

What is an NIC code?

NIC code is a classification of business which is categorised according to their economy.it also help in identifying the nature of business.

What if I use wrong NIC code?

If you use wrong NIC code then there will be wrong issues such as government benefits and it also affect in taking decision.

How can I find the right NIC code?

You can find the right NIC code by referring the National Industrial Classification (NIC) or buy consulting business advisor.

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