Home / Tag Archives: fertiliser makers warn govt after GIDC waiver

Tag Archives: fertiliser makers warn govt after GIDC waiver

Don’t expect uniform cut, fertiliser makers warn govt after GIDC waiver


January 22, 2020

LAHORE: The government’s efforts for an across-the-board reduction in urea prices could face resistance from some manufacturers as the impact of cuts in Gas Infrastructure Development Cess (GIDC) on industry’s cost of production will vary from company to company. The Economic Coordination Committee (ECC) on Monday slashed the GIDC on fertiliser sector by almost 99 per cent ie from Rs405 …

Read More »