NIC 649100 - Activities of leasing where the term approximately covers the expected life of the asset and the lessee acquires substantially all the benefits of its use and takes all the risks associated with its ownership

NIC 649100 का अर्थ Activities of leasing where the term approximately covers the expected life of the asset and the lessee acquires substantially all the benefits of its use and takes all the risks associated with its...

मुख्य तथ्य

649100 at a Glance

Code 649100

Official title Activities of leasing where the term approximately covers the expected life of the asset and the lessee acquires substantially all the benefits of its use and takes all the risks associated with its ownership

Version NIC 2025

Source authority MoSPI

Section L - Financial and insurance activities

Division 64 - Financial service activities, except insurance and pension funding

Group 649 - Other financial service activities, except insurance and pension funding activities

Class 6491 - Financial Leasing

Level सब-क्लास

Depth 5/5

Children 0

Last verified 2026-04-21

आधिकारिक नोट

Class 6491 note from source layer

This class includes the activities of financing the purchase of an asset on behalf of a customer. The financer (the lessor) is the legal owner of the asset and the costumer (the lessee) carries the risk for the duration of the lease, which usually covers the expected life of the asset. The lessee acquires all the benefits of its use. This class excludes: - operating leasing, according to type of goods leased, see division 77