Increase in Price of Urea

The MRP of urea in all the States, since 2003 was Rs. 4830/- PMT. The MRP of urea was increased to Rs. 5310/-PMT w.e.f. 1st April 2010. The MRP fixed is exclusive of CST, Sales Tax and Central Excise Duty. With effect from 1st November 2012, the MRP of urea has been increased to Rs. 5360/-PMT (exclusive of the central excise duty, central sales tax, countervailing duty, the sales tax and local taxes wherever levied, whether at the retail sales point or at an intermediate stages).

The urea is sold to farmers at subsidized rates/fixed MRP given above.

This information was given by the Minister of State for Chemicals and Fertilisers, Shri Srikant Kumar Jena in a written reply in the Rajya Sabha today.

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December 7th, 2012 @ 10:33pm