Yes, The MRP of urea is statutorily fixed by the Government of India and at present, it is Rs. 242 for a 45 kg bag / Rs. 268 for a 50 Kg bag of urea / bag of urea which includes Rs. 354/MT as dealer margin for private traders/PSUs/Cooperatives and Rs. 50/MT which is paid to retailers for acknowledging the receipt and reporting the stock in mFMS / iFMS as additional incentive. These rates are exclusive of GST or applicable tax and other charges towards coating like in case of Neem Coated, it is 5% extra and in case of other coated (Zinc / Boron etc.), it is 10%.
Assistant
