Class 4940 - Transport via pipeline
PSIC Class 4940 covers Transport via pipeline. Current child subclasses include Transport Via Pipeline. This four-digit layer is useful when comparing neighboring activities before landing on the five-digit subclass...
Child codes
These are the next codes most users should open after this hub page.
Practical summary
Class 4940 sits in the PSIC 2019 hierarchy under H Transportation and Storage > 49 Land Transport and Transport Via Pipelines > 494 Transport via pipeline. This class usually fans out into more specific subclasses such as Transport Via Pipeline. It is the level people use when they already know the activity family but still need the exact five-digit match.
Where this code is used
This class is used when a business can already narrow the activity family and only needs to compare the final subclasses such as Transport Via Pipeline. It is the level most often checked before a five-digit decision is finalized.
How to choose it
Use this class to choose between its final subclasses such as Transport Via Pipeline. If two options look close, compare the exact activity, the outputs and the way the business actually earns revenue.
Official note
Source-backed description
This class includes transport of gases, liquids, water, slurry and other commodities via pipelines. It also includes operation of pump stations. This class excludes distribution of natural or manufactured gas, water or steam, see 3520,3530,3600; transport of water, liquids, etc, by trucks, see 4933.
FAQ
What does PSIC Class 4940 cover?
PSIC Class 4940 is the four-digit layer that sits just above the final subclasses and usually defines the activity family for Transport via pipeline.
How do I compare Class 4940 with the sibling classes?
Read the neighboring classes and compare the exact wording of the child subclasses. Nearby options include nearby sibling codes.
Why does Class 4940 matter for a filing decision?
It is usually the last broad checkpoint before the five-digit subclass choice, so it is the right place to catch near-miss classifications.