Key Facts
554001 at a Glance
Code 554001
Official title Accommodation intermediation services excluding time-share exchange services
Version NIC 2025
Source authority MoSPI
Division 55 - Accommodation
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NIC 2025 MoSPI source NIC 554001 - Accommodation intermediation services excluding time-share exchange services
NIC 554001 classifies accommodation intermediation services excluding time-share exchange services as a final six-digit business activity under Section I and Division 55. Use it when this activity is the main source...
Source Verification for 554001
5 / 10
2 of 4 factors passing
- Verified in official source - Found in NIC_2025.xlsx official MoSPI release dataset.
- International crosswalk available - No official ISIC/NACE/CPC/ISCO correspondence table is bundled in this build input set.
- Migration from previous edition - No legacy migration candidate found in the NIC 2008 converter layer for this code.
- Complete hierarchy chain - All parent levels exist: Section > Division > Group > Class > Sub-class (5 levels).
- Official size/threshold documented - No official code-level size or threshold dataset is included in this source bundle.
- Trade or export crosswalk match - No official NIC-to-HS/export correspondence table is bundled in this source bundle.
- Legacy national crosswalk - No linked NIC 2008 legacy code is available for this record in the current converter layer.
Practical Summary
What Accommodation intermediation services excluding time-share exchange services Means Under NIC 2025
NIC 554001 is the final six-digit endpoint for Accommodation intermediation services excluding time-share exchange services. It should be selected only when the enterprise's primary business activity matches this title more closely than 554002 Time-share exchange services, 554099 Other Intermediation service activities for accommodation n.e.c..
How To Choose
When to Choose 554001 Over Nearby Codes
Choose 554001 only when operations, invoices and revenue narrative align with Accommodation intermediation services excluding time-share exchange services. If the activity also includes 554002 Time-share exchange services, 554099 Other Intermediation service activities for accommodation n.e.c., compare those pages before filing.
In this section
554001
554002 Accommodation intermediation services excluding time-share exchange services
Time-share exchange services
554099 Other Intermediation service activities for accommodation n.e.c.
Common Questions About NIC 554001
Does NIC 554001 cover lodging, food service or both?
Accommodation and food service are separate Division families. Use lodging codes for paid stay services and food service codes for restaurants, catering, cafes, canteens, cloud kitchens or takeaway operations.
Can a hotel restaurant use the same NIC code as the hotel?
If lodging is the main revenue activity, the accommodation code is usually primary. If the restaurant is operated as a separate business line, compare the food and beverage service Sub-classes.
How do I verify that NIC 554001 is correct before filing?
Check the parent hierarchy, compare 554002 Time-share exchange services, 554099 Other Intermediation service activities for accommodation n.e.c., and confirm that the official title matches the main revenue activity. For regulated or filing-critical decisions, verify the source row in the MoSPI dataset.
What happens if I use the wrong NIC code in Udyam or MCA registration?
A wrong code can cause mismatched business descriptions, follow-up questions or later compliance cleanup. It is better to compare nearby codes before filing than to correct a weak classification later.
Is there a legacy NIC 2008 equivalent for NIC 554001?
Use the legacy converter only as a migration aid. Old NIC 2008 matches can suggest where to look, but NIC 2025 should remain the primary reference for new code selection.
NIC 2026 guidance
Before you select NIC 554001
NIC 554001 should be selected only when the official title matches the main revenue-generating activity. If the business also trades, transports, processes, installs or supports the same product or service, compare nearby NIC pages before filing. This reduces the risk of choosing a code that describes the product being handled rather than the activity your enterprise actually performs.
Data Source and Verification Date
Source layer
Official NIC 2025 Excel and PDF from MoSPI.
Last verified
2026-04-21 from the generated NIC 2025 source layer used in this build.
Disclaimer
This is an independent reference tool. Verify filing-critical decisions in official sources.