Code NIC 2008 - 7740 Leasing of nonfinancial intangible assets
This class includes the activities of allowing others to use non-financial assets for which a royalty payment or licensing fee is paid to the asset holder.
The use of these assets can take various forms, such as permission for reproduction, use in subsequent processes or products, operating businesses under a franchise etc. The current owners may or may not have created those assets.
NIC CODE | INDIAN INDUSTRIES |
---|---|
77400 | Leasing of nonfinancial intangible assets |