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Pawan Hans Helicopters Limited

Delhi, Delhi

  • Opening Date

    13 Sep 2019

  • Closing Date

    13 Sep 2019

  • Tender Amount

    Refer document

  • EMD


  • Auction Start Date

    13 Sep 2019

  • Auction End Date

    13 Sep 2019

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Mstc/nro/pawan Hans Limited/3/northern Region/19-20/17558

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Special Terms & Conditions ALL CONTRACTS/TRANSACTIONS ENTERED INTO BY THE BUYER/BIDDER ARISING OUT OF THIS E-AUCTION SHALL BE GOVERNED BY THE INTEGRITY PACT AVAILABLE ON OUR WEBSITE, - With the implementation of Goods & Service Tax (GST) w.e.f 01st July 2017 in India, VAT / Sales Tax will be discontinued and these taxes be subsumed in GST. GST will be payable on all goods (whether scrap or otherwise). Hence all Buyers having VAT Registration (TIN) need to register with GST for continuing transactions. Copy of certificate referring GST Registration Number needs to be submitted with MSTC for updating Buyer Registration details. MSTC/Seller will not be liable to issue any Sale Order / Delivery Order/ invoice etc wherever GST Registration Number is not submitted. For any queries please contact at MSTC DELHI: Ms. Tanvi Saran, AM Phone: 011-23212362, Board no. 011-23214201, 23213945 (ext 219) email id: NOTE: PAYMENT CLAUSE: Incase the date of submission of payment happens to fall on a Public Holiday, the next day shall be considered as the date of submission of payment. DDs of Cooperative Bank shall not be accepted and will be returned without any action being taken on them. NOTE: BUYERS HAVE TO INSPECT THE MATERIAL THOROUGHLY AND SATISFY THEMSELVES ABOUT THE NATURE, HAZARDOUS/EXPLOSIVE PROPERTIES, IF ANY, BEFORE SUBMITTING THE BID. IN CASE THEY COME ACROSS ANY MATERIAL BEYOND THE SCOPE OF THE DESCRIPTION OF MATERIAL, IT SHOULD BE INFORMED TO SELLER/MSTC. MSTC WILL NOT BE RESPONSIBLE FOR ANY COMPLAINT IN THIS REGARD. SPECIAL TERMS AND CONDITIONS: 1) MSTC Ltd. shall hereinafter be referred to as MSTC and Pawan Hans Limited (PHL) as owners. 2) All the offers shall be valid for a period of 90 days from the date of closing of e-auction. 3) All the materials are offered for sale on AS IS WHERE IS basis and where they are stacked. Material are sold on the assumption that bidders have inspected the same and know what they are buying, irrespective of whether they have first inspected the materials or not. No complain shall be entertained in this regard. The material offered for sale can be inspected prior to the due date of e-auction. For inspection of material & other related matters, bidders may contact Shri S. Gairi at 011-24627058,9868828370 and shri Mahadevappa S.N at 011-24654358, 9891050285. 4) The successful bidders shall submit Earnest Money Deposit at MSTC by Bank Draft/ Pay order of any scheduled bank in favour of PAWAN HANS LIMITED payable at New Delhi or as per the account details mentioned in the catalogue within seven days of lot being SOLD. The EMD must be @ 10% of the net sale value quoted (excluding all taxes & duties) against each lot. Upon issue of sale order the EMD shall automatically be converted into security deposit. The Security Deposit as specified in Sale order shall be adjusted only at the time of final payment. 5) The Contract shall be treated as having been entered into as soon as the Sale Order/Acceptance Letter is issued by MSTC. The period of contract shall be of sixty days from the date of last Delivery order by MSTC against full payment made by the party. The contract shall be deemed to be complete as soon as the Area is cleared of the entire material allotted or on completion of the period of contract as mentioned above, whichever is earlier. 6.0) All the materials are offered for sale on AS IS WHERE IS basis Ex- works owners. The rates must be offered ON UNIT BASIS FOR EACH LOT SEPARATELY NOT PART THEREOF i.e. in Rupees per unit only. 6.1) The quantities indicated against the lot are purely indicative. The quantity in actual may turn out to be more or less than the estimated quantity. In the event of quantity turning out to be more than the estimated quantity the buyer has to lift the allotted quantity. In the event of actual quantity turning out to be less than the estimated quantity, the buyer shall not be entitled to claim any damages, loss of interest or c

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