KSIC 46—Wholesale trade on own account or on a fee or contract basis

Where 46 sits

1. G Wholesale and retail trade
2. 46 Wholesale trade on own account or on a fee or contract basis

Contains 8 narrower codes

• 461 Wholesale on a fee or contract basis
• 462 Wholesale of agricultural raw materials and live animals and plants
• 463 Wholesale of food, beverages and tobaccos
• 464 Wholesale of household goods
• 465 Wholesale of machinery, equipment and supplies
• 466 Wholesale of construction materials, hardware and heating and air conditioning equipment
• 467 Other specialized wholesale
• 468 Non-specialized wholesale trade

Description

1. Overview This refers to industrial activities involving the resale of purchased new or used goods to retailers, industrial and commercial users, organizations, institutions, professional users, or other wholesalers without modification. It also includes activities that mediate or act as an agent for the buying and selling of goods on behalf of individuals or businesses. In connection with wholesale activities, incidental services such as the physical assembly, classification, sorting, division, repackaging, labeling, storage, refrigeration, delivery, and installation may be provided.

2. Forms A. Wholesale Business Types of wholesale business include wholesalers who hold ownership of the goods sold and sell them to retailers, industrial suppliers who provide goods to industrial companies, organizations, institutions, and professional users, as well as exporters, importers, and scrap collectors. Wholesale businesses or wholesale branches operated separately by mining and manufacturing companies are also included. B. Commodity Brokerage Business Types of commodity brokerage business include commodity brokers who do not hold ownership of the goods but broker them on behalf of or for others based on commissions or contracts, consignees and agents, agents purchasing and agents collecting, trade brokers, and agricultural product joint sales cooperatives.

Cross-references for 46

• A. The supply of gas via piping facilities is classified under "352: Manufacturing and Piping of Fuel Gas."
• B. If a business engaged in wholesale trade assembles or installs machinery and equipment incidentally in connection with the sale of goods, it shall be classified under the relevant category of wholesale trade according to the principal product.
• C. A business that does not directly manufacture products it has planned itself, but provides raw materials purchased in its own account to another manufacturer to have products manufactured in its own name, and then takes over and sells them directly under its own responsibility, is classified as a manufacturer.
• D. Activities involving the sale of industrial machinery and equipment, construction materials, and other industrial goods, as well as industrial activities involving the mass supply of various goods to commercial and other industrial users, are considered wholesale trade. However, office machinery and equipment, wood, paint, wallpaper, seeds, pesticides, etc., even if they are industrial goods, are considered retail trade if a sales outlet is opened for the general public and they are sold to self-users.
• E. Activities involving the supply or brokerage of future goods through futures trading are classified under "66122: Futures Brokerage."
• F. If recycled materials, such as scrap metal, and other products are processed to produce recycled raw materials, it shall be classified under "383 Dismantling, Sorting, and Raw Material Recycling."
• G. If used goods, excluding used automobiles and motorcycles and related parts and interiors, are wholesaled, it shall be classified under the Wholesale of Such Goods.

46 in other systems