News Brief | October 2016
Mangalore Refinery under lens for alleged excise duty evasion
Mangalore Refinery and Petrochemicals Limited (MRPL), an Oil and Natural Gas Corporation (ONGC) subsidiary, has come under the scanner of central revenue authorities for alleged excise duty evasion of at least Rs 10 crore. The Directorate General of Central Excise Intelligence here has started a probe in the case and sought certain clarification from the Mangalore-based MRPL, official sources said today. The case relates to alleged wrong classification of mixed xylene - a clear colourless aromatic hydrocarbon liquid having sweet odour - produced by it, they said.