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National Fertilizers Limited

  • Opening Date

    15 Oct 2019

  • Closing Date

    15 Oct 2019

  • Tender Amount

    Refer document

  • EMD

    -

  • Auction Start Date

    15 Oct 2019

  • Auction End Date

    15 Oct 2019

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Summary

Mstc/cdg/national Fertilizers Limited/19/bathinda/19-20/21648

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Special Terms & Conditions The Goods & Service Tax (GST) is implemented with effect from 01st July 2017 in India. Accordingly, VAT / Sales Tax will be discontinued and these taxes will be subsumed to GST. GST will be payable on all goods (whether scrap or otherwise). Hence all Buyers / Bidders having VAT Registration (TIN) need to register with GST for continuing transactions. Copy of certificate mentioning GST Registration Number needs to be submitted with the respective office of MSTC Ltd. (from where Registration was done) for updating Buyer Registration details. MSTC / Seller will not be able to issue any Sale Order / Delivery Order / Invoice, etc. wherever GST Registration Number is not updated. Further the existing VAT / Sale Tax Rate shall be replaced by GST Rate and differential tax, if any, will be paid by or refunded to Buyers. In the same way, all Principals / Sellers need to submit copy of certificate referring GST Registration Number with the respective office of MSTC Ltd. (from where Auction is conducted) for updating Seller Registration details. It will not be possible to conduct any Auction or issue any Sale Order / Delivery Order, etc. wherever GST Registration Number is not updated. Further the Service Tax Rate on Service Charge Bill, shall be replaced by GST Rate and differential tax, if any, will be required to be paid by Principals / Sellers. NOTE: GST AS APPLICABLE TO BE PAID AT SELLERS END BEFORE DELIVERY OF THE MATERIAL. PLEASE NOTE: THE AUCTION CATALOGUE ON THE LIVE E AUCTION FLOOR SHOULD BE TREATED AS FINAL AND BINDING. The buyer will not be required to deposit the EMD for those lots which fall under the category of STA. Only when the lot is approved by the Principal, will a mail be fired by our portal to the buyer to submit the requisite EMD within a period of 7 days from the date of approval. 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, www.mstcindia.co.in - "THOUGH A FACILITY IS PROVIDED TO BIDDERS TO SELECT A CATEGORY IN THE LIVE AUCTION FLOOR, HOWEVER, BUYERS, IN THEIR OWN INTEREST ARE ADVISED TO GO TO LIVE E AUCTION FLOOR, AFTER SELECTING "ALL CATEGORIES". MSTC WILL NOT BE RESPONSIBLE FOR ANY OVERSIGHT IN SELECTING THE CATEGORY IN LIVE E AUCTION/LOT ON THE PART OF BIDDERS/BUYERS. " Service charge of MSTC needs to be credited through e-payment only as per the procedure given as under FOR ANY QUERY PLEASE CONTACT AT MSTC,Chandigarh Contact: 0172-2585921 Dealing officer: Mr. HIMANSHU AGARWAL Email:hagarwal@mstcindia.co.in IMPORTANT NOTES: a) 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. b) 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. Disposal of materials:The above material shall be disposed-off on As is Where is basis and no selection to be made by purchaser at the time of lifting of materials. The weight will be done on the NFL weigh-bridge which shall be considered final and binding to the buyer wherever it is applicable. d) SPECIFIC TERMS & CONDITIONS OF E-AUCTION: 1. MSTC Ltd. Shall hereinafter be referred to as MSTC and National Fertilizer Limited as owners. 2.All the offer shall be valid for a period of 90 days from the date of closing of e- auction. 3. The materials offered for sale must be inspected prior to due date of e-auction. 4. Material list & STC displayed under view forthcoming auctions on MSTC's e-auction website are tentative and subject to change at the sole discretion of MSTC/ National Fertilizer Limited before the start of e-auction. Bidders shoul

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