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NIC 2025 MoSPI source

NIC 721005 - Research and development on agricultural, forestry and fisheries sciences

NIC 721005 classifies research and development on agricultural, forestry and fisheries sciences as a final six-digit business activity under Section N and Division 72. Use it when this activity is the main source of...

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Last verified 2026-04-21

Source Verification for 721005

5 / 10

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Practical Summary

What Research and development on agricultural Means Under NIC 2025

NIC 721005 is the final six-digit endpoint for Research and development on agricultural, forestry and fisheries sciences. It should be selected only when the enterprise's primary business activity matches this title more closely than 721001 Research and development on natural sciences, 721002 Research and development on engineering and technology, 721003 Research and development on medical sciences, health and life sciences, and veterinary sciences including Ayush research.

How To Choose

When to Choose 721005 Over Nearby Codes

Choose 721005 only when operations, invoices and revenue narrative align with Research and development on agricultural, forestry and fisheries sciences. If the activity also includes 721001 Research and development on natural sciences, 721002 Research and development on engineering and technology, 721003 Research and development on medical sciences, health and life sciences, and veterinary sciences including Ayush research, compare those pages before filing.

In this section

Common Questions About NIC 721005

Does NIC 721005 cover regulated professional or financial work?

Use the code that matches the service actually provided. Financial intermediation, insurance, real estate, legal, accounting, consulting, engineering, advertising and R&D are separated into different professional service families.

Can an advisory firm use NIC 721005 if it serves another industry?

Usually the firm's own service determines the NIC code, not the client's industry. For example, a consultant serving manufacturers is still a consulting or professional service business if advice is the revenue activity.

How do I verify that NIC 721005 is correct before filing?

Check the parent hierarchy, compare 721001 Research and development on natural sciences, 721002 Research and development on engineering and technology, 721003 Research and development on medical sciences, health and life sciences, and veterinary sciences including Ayush research, 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 721005?

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 721005

NIC 721005 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.