Delay defeats purpose of base rate for fertiliser sale Posted on October 23, 2001 by Uttam Gupta delay-defeats-purpose-of-base-rate-for-fertiliser-sale Tags: 'Oswal Chemicals & Fertilizers', 'provisional' rate', 'payment arrangements', 'bank guarantee', 'de facto' control', indigenous DAP, imported DAP, 'Base' rates of concession', 'imported' phos acid route', 'captive' phos acid route'