By CA Surekha S Ahuja
Complete NIC-2008 Classification for MCA V3 Portal
(Applicable for FY 2024-25 onwards)
Why This Update Matters
With the complete shift to the MCA V3 portal, the Ministry of Corporate Affairs now requires companies to report their Principal and Ancillary Business Activities strictly using NIC-2008 numeric codes while filing Form MGT-7.
The earlier alphanumeric MCA codes (A1, C3, M2, etc.) are no longer in use.
As of December 2025, NIC-2025 has not been adopted for MGT-7.
This post serves as a single-page, practical reference for professionals and companies to select correct NIC-2008 codes and avoid filing errors.
Key Filing Rules (Read This First)
Only NIC-2008 numeric codes are accepted on MCA V3
Multiple business activities can be selected
Turnover percentage must total exactly 100%
Principal activity must align with financial statements and objects clause
NIC-2008 Business Activity Codes (MGT-7 Ready)
Agriculture, Forestry & Fishing
01 Crop and animal production and allied activities
02 Forestry and logging
03 Fishing and aquaculture
Mining & Quarrying
05 Mining of coal and lignite
06 Extraction of crude petroleum and natural gas
07 Mining of metal ores
08 Other mining and quarrying
09 Mining support service activities
Manufacturing
10 Food products
11 Beverages
12 Tobacco products
13 Textiles
14 Wearing apparel
15 Leather and related products
16 Wood and cork products
17 Paper and paper products
18 Printing and recorded media
19 Coke and refined petroleum products
20 Chemicals and chemical products
21 Pharmaceuticals and medicinal products
22 Rubber and plastic products
23 Non-metallic mineral products
24 Basic metals
25 Fabricated metal products
26 Computer, electronic and optical products
27 Electrical equipment
28 Machinery and equipment n.e.c.
29 Motor vehicles, trailers and semi-trailers
30 Other transport equipment
31 Furniture
32 Other manufacturing
33 Repair and installation of machinery and equipment
Construction
41 Construction of buildings
42 Civil engineering (roads, bridges, utilities)
43 Specialized construction activities
Trade (Wholesale & Retail)
45 Wholesale and retail trade of motor vehicles
46 Wholesale trade (except motor vehicles)
47 Retail trade (except motor vehicles)
Information Technology & Communication
58 Publishing activities
61 Telecommunications
62 Computer programming, consultancy and related services
63 Information service activities (data hosting, web portals)
Finance & Insurance
64 Financial service activities (except insurance and pension funding)
65 Insurance and pension funding
66 Activities auxiliary to financial services and insurance
Real Estate
68 Real estate activities with own or leased property
68 Real estate activities on fee or contract basis
Professional, Scientific & Consultancy Services
69 Legal and accounting activities
70 Management consultancy
71 Architecture, engineering and technical testing
72 Scientific research and development
73 Advertising and market research
74 Other professional, scientific and technical activities
75 Veterinary activities
Education
85 Education (schools, colleges, training institutes, coaching)
Healthcare & Social Services
86 Hospital activities
87 Residential nursing and elderly care
88 Social work activities without accommodation
How to Report in MGT-7 (V3)
Identify actual revenue streams from financial statements
Select relevant NIC-2008 codes from MCA dropdown
Allocate turnover percentage for each activity
Ensure total equals 100%
Match principal activity with revenue and objects clause
Compliance Insight (Most Important)
MGT-7 filing is now NIC-centric, not legacy-code-centric.
Correct NIC-2008 selection ensures smooth acceptance and avoids future MCA queries.
Please write to us for Excel Shhet of NIC Code
