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NIC 2025 MoSPI source

NIC Group 771 - Rental and leasing of motor vehicles

NIC Group 771 covers Rental and leasing of motor vehicles. It clusters closely related business activities and helps users compare nearby Classes before picking a final NIC code for registration or compliance forms.

Level Group
Depth 3/5
Children 1
Last verified 2026-04-21
Practical Summary

What Group 771 Covers

Group 771 separates rental and leasing of motor vehicles into Classes such as 7710 Rental and leasing of motor vehicles. This is where similar business models start to diverge before final code selection.

Where Used In Practice

Where Group 771 Is Used

Group 771 is useful when a filing team has already chosen the Division and needs to separate nearby operating models before moving to Class pages.

  • Udyam and MSME code research
  • Company or LLP registration preparation
  • Business activity shortlisting before filing
  • Internal classification and vendor profiling
How To Choose

How to Narrow Down From Group 771

Use Group 771 to remove close but incorrect options. If two Groups look similar, compare child Classes and the actual revenue-generating activity.

Common Questions About NIC 771

Which businesses fall under NIC 771?

Start here when the business belongs to rental and leasing of motor vehicles and then compare child entries such as 7710 Rental and leasing of motor vehicles.

Is NIC 771 a final filing code?

No. This is a hierarchy page. Continue to the six-digit Sub-class before using a code in registration or compliance records.

How do I verify that NIC 771 is correct before filing?

Check the parent hierarchy, compare 772 Rental and leasing of personal and household goods, 773 Rental and leasing of other machinery, equipment and tangible goods, 774 Leasing of intellectual property and similar products, except copyrighted works, 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 771?

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

How Group 771 helps narrow your NIC search

NIC 771 is an intermediate hierarchy page, not usually the final code used in a filing. Use it to compare child entries, read the nearby-code context and move toward the most precise six-digit Sub-class. If the child list contains several similar activities, open each candidate page and compare the wording against the business's real operating model.

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.