Oilfield service company – whether an industrial undertaking/ mineral oil concern

HLS India Ltd. (2011) 11 taxmann.com 83 (Delhi)

Facts –

• The taxpayer, HLS India Ltd. (now known as HLS Asia Ltd.) is an Indian company engaged in the business of providing oilfield services to upstream companies. The taxpayer entered into a contract with Oil India Ltd. (OIL) and ONGC to provide wire line logging and perforation services.
• The wireline logging services are used at the time of exploration and development of wells and perforating  services are

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