Service classification for oil and gas: technical consulting belongs to professional services, operational tasks to support services. Technical and consulting activities-geological and geophysical advice, feasibility and evaluation studies and intellectual information products-fall under the professional, technical and business services heading; operational and on-site activities-derrick erection, well casing, cementing, pumping, plugging, abandoning wells, test drilling for extraction, overburden removal and mine preparation-fall under support services to oil and gas extraction or other mining heading. The scope of the relevant entries is governed by the Scheme of Classification of Services' explanatory notes, and services outside those entries must be classified in their respective headings and taxed accordingly.
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Service classification for oil and gas: technical consulting belongs to professional services, operational tasks to support services.
Technical and consulting activities-geological and geophysical advice, feasibility and evaluation studies and intellectual information products-fall under the professional, technical and business services heading; operational and on-site activities-derrick erection, well casing, cementing, pumping, plugging, abandoning wells, test drilling for extraction, overburden removal and mine preparation-fall under support services to oil and gas extraction or other mining heading. The scope of the relevant entries is governed by the Scheme of Classification of Services' explanatory notes, and services outside those entries must be classified in their respective headings and taxed accordingly.
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