Kerala tax waiver may offer respite to FACT

The Fertilisers and Chemicals Travancore (FACT) is hoping to re-start its ammonia and caprolactam plants in a month.

KOCHI: The Fertilisers and Chemicals Travancore ( FACT) is hoping to re-start its ammonia and caprolactam plants in a month as the Kerala government provides a breather to the ailing unit by waiving VAT on LNG supplied by Petronet LNG to the company.
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Business News › Industry › Ind'l Goods/Svs › Chem / Fertilisers › Kerala tax waiver may offer respite to FACT
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