NIC 771002 - Renting and leasing of two wheelers such as motorcycles and scooters (without drivers), excluding bicyles
NIC 771002 classifies renting and leasing of two wheelers such as motorcycles and scooters (without drivers), excluding bicyles as a final six-digit business activity under Section O and Division 77. Use it when this...
Source Verification for 771002
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.
What Renting and leasing of two wheelers such as motorcycles and scooters (without drivers) Means Under NIC 2025
NIC 771002 is the final six-digit endpoint for Renting and leasing of two wheelers such as motorcycles and scooters (without drivers), excluding bicyles. It should be selected only when the enterprise's primary business activity matches this title more closely than 771001 Rental and leasing of passenger cars (without drivers), 771003 Renting and leasing of auto-rickshaws and e-rickshaws (without drivers), 771099 Renting and leasing of other motor vehicles without driver n.e.c..
When to Choose 771002 Over Nearby Codes
Choose 771002 only when operations, invoices and revenue narrative align with Renting and leasing of two wheelers such as motorcycles and scooters (without drivers), excluding bicyles. If the activity also includes 771001 Rental and leasing of passenger cars (without drivers), 771003 Renting and leasing of auto-rickshaws and e-rickshaws (without drivers), 771099 Renting and leasing of other motor vehicles without driver n.e.c., compare those pages before filing.
In this section
Common Questions About NIC 771002
Does NIC 771002 cover only renting and leasing of two wheelers such as motorcycles and scooters (without drivers), excluding bicyles?
Use this code only when renting and leasing of two wheelers such as motorcycles and scooters (without drivers), excluding bicyles is the closest description of the actual business activity. If revenue comes from trading, processing, support services or a different output, compare the relevant sibling or downstream Division.
When should I avoid NIC 771002?
Avoid this code if the business merely supplies, transports, sells or supports this activity without performing the core business activity. In that case, choose the trade, transport, service or manufacturing code that describes what the business actually does.
How do I verify that NIC 771002 is correct before filing?
Check the parent hierarchy, compare 771001 Rental and leasing of passenger cars (without drivers), 771003 Renting and leasing of auto-rickshaws and e-rickshaws (without drivers), 771099 Renting and leasing of other motor vehicles without driver 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 771002?
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 771002
NIC 771002 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.