NIC 241003 - Manufacture of steel in ingots or other primary forms, and other semi-finished products of steel
NIC 241003 classifies manufacture of steel in ingots or other primary forms, and other semi-finished products of steel as a final six-digit manufacturing activity under Section C and Division 24. Use it when this...
Source Verification for 241003
4 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 - Legacy migration candidates present from NIC 2008: 4.
- 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 - Legacy link exists via NIC 2008 converter layer (4 linked legacy codes).
NIC 2008 -> NIC 2025 Mapping for 241003
NIC 2008 links are discovery matches from the local converter layer. Verify final migration decisions against official source documents.
Manufacture of steel in ingots or other primary forms, and other semi-finished products of steel
Manufacture of direct reduction of iron (sponge iron) and other spongy ferrous products
Manufacture of pig iron and spiegeleisen in pigs, blocks or other primary forms
What Manufacture of steel in ingots or other primary forms Means Under NIC 2025
NIC 241003 is the final six-digit endpoint for Manufacture of steel in ingots or other primary forms, and other semi-finished products of steel. It should be selected only when the enterprise's primary manufacturing activity matches this title more closely than 241001 Manufacture of pig iron and spiegeleisen in pigs, blocks or other primary forms, 241002 Manufacture of direct reduction of iron (sponge iron) and other spongy ferrous products, 241004 Manufacture of ferro-alloys.
When to Choose 241003 Over Nearby Codes
Choose 241003 only when operations, invoices and revenue narrative align with Manufacture of steel in ingots or other primary forms, and other semi-finished products of steel. If the activity also includes 241001 Manufacture of pig iron and spiegeleisen in pigs, blocks or other primary forms, 241002 Manufacture of direct reduction of iron (sponge iron) and other spongy ferrous products, 241004 Manufacture of ferro-alloys, compare those pages before filing.
In this section
Common Questions About NIC 241003
Does NIC 241003 cover manufacturing or only selling the product?
Manufacturing codes apply when the business transforms inputs into a new product through mechanical, chemical, manual or industrial processes. Pure buying and resale should be checked under wholesale or retail trade.
What if the same factory makes several products near NIC 241003?
Choose the Sub-class that best matches the main product line by revenue or production value. If multiple product lines are material, compare 241001 Manufacture of pig iron and spiegeleisen in pigs, blocks or other primary forms, 241002 Manufacture of direct reduction of iron (sponge iron) and other spongy ferrous products, 241004 Manufacture of ferro-alloys and document the primary activity before filing.
How do I verify that NIC 241003 is correct before filing?
Check the parent hierarchy, compare 241001 Manufacture of pig iron and spiegeleisen in pigs, blocks or other primary forms, 241002 Manufacture of direct reduction of iron (sponge iron) and other spongy ferrous products, 241004 Manufacture of ferro-alloys, 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 241003?
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.
Before you select NIC 241003
NIC 241003 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.