Oil & Natural Gas Corporation Limited — Others, 23-07-2025: Action(s) initiated or orders passed
23-07-2025 | 02:30 pm
23-07-2025 | 02:30 pm
ONGC has received an order from the CGST & Central Excise, Navi Mumbai, demanding approximately 111.55 crore for Service Tax, interest, and penalties. This demand pertains to services like ‘Survey and Exploration’ and ‘Support Services of Business or Commerce’. ONGC argues these services were primarily provided outside India's taxable territory and should be classified under non-taxable categories during the relevant period. The company believes the financial impact is not significant given its scale. ONGC plans to review the order thoroughly and will appeal the decision to the Central Excise and Service Tax Appellate Tribunal (CESTAT).
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