Govt fixes Indigenous Amonium Sulphate MRP at Rs 10,350 per tonne

New Delhi, Jul 17 (UNI) The Government today decided to include indigenous Amonium Sulphate (20.6-0-0-23) under the concession scheme with effect from July 1, 2008 and fixed the maximum retail price (MRP) of the fertiliser at Rs 10,350 per MT.

The market price of Amonium Sulphate was ruling around Rs 19,000 per MT before it was brought under the concession scheme.

Monthly concession for indigenous Amonium Sulphate will be computed in line with other complex fertilisers based on individual unit-wise cost of 'N' of the respective units (GSFC, Baroda and FACT, Udyogamandal) up to March 31, 2010.

Thereafter, the date of effectiveness will be April 1, 2010, unit-wise or group-wise price of 'N' (based on the usage of feed stock, namely gas and naphtha), which ever is lower, will be recognised. Escalation or de-escalation in the cost of sulphur will be as applicable to sulphur containing complex fertilisers.

The government has also decided to include indigenous and imported TSP (0-46-0) under the concession scheme from decontrolled phosphatic and potassic fertilisers with effect from April 2008 with MRP at Rs 7,460 per MT.

Monthly concession for indigenous and imported TSP will be based on the average of low and higher fob prices of TSP published in FMB plus freight for the previous month or the actual weighted average of the landed price for the current month, whichever is lower.

Concession payable for MAP (11-52-00) and TSP (0-46-0) will be capped to that payable for DAP. Further, import of MAP and TSP on government account, if any, would be within the overall ceiling for imported DAP in a year as decided from time to time to the extent of shortfall in availability of DAP.

UNI BBS SG CS1705