Apex auditor CAG on Tuesday pulled up state-owned ONGC NSE -0.07 % for flaring of high-pressure gas valued at Rs 816.08 crore in the Mumbai High Field during 2012-13 to 2019-20, due to the non-availability of standby process gas compressors, power shutdowns and frequent tripping of process gas compressors. The Comptroller Auditor General of India (CAG) also said another public sector firm Indian Oil Corporation Ltd collected Rs 262.60 crore of turnover tax from consumers in Andhra Pradesh in violation of legal provisions of the Andhra Pradesh General Sales Tax Act, 1957. Afterwards, it settled the legal case with the Government of Telangana by making payment of Rs 65.65 crore against a total imposed penalty of Rs 262.60 crore.
