1. You Are At:
  2. Home
  3. Business News
  4. Central Excise slaps Rs 4.6-cr tax notice on Indian Oil

Central Excise slaps Rs 4.6-cr tax notice on Indian Oil

Mumbai: The Directorate General of Central Excise Intelligence (DGCEI) has issued a show cause-cum-demand notice of over Rs 4.6 crore to the nation's largest oil firm Indian Oil Corporation for not paying service tax under

PTI [ Updated: May 13, 2014 23:18 IST ]
central excise slaps rs 4.6 cr tax notice on indian oil
central excise slaps rs 4.6 cr tax notice on indian oil

Mumbai: The Directorate General of Central Excise Intelligence (DGCEI) has issued a show cause-cum-demand notice of over Rs 4.6 crore to the nation's largest oil firm Indian Oil Corporation for not paying service tax under the head of a ‘goods transport agency'.


“We had issued a notice to IOC last month for tax liability of Rs 4.64 crore and the oil major has to reply by May 24,” said a DGCEI source.




Promoted Content

Write a comment

india-vs-england-2018
monsoon-climate-change