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Bharat Sanchar Nigam Limited

  • Opening Date

    20 Aug 2019

  • Closing Date

    20 Aug 2019

  • Tender Amount

    Refer document

  • EMD


  • Auction Start Date

    20 Aug 2019

  • Auction End Date

    20 Aug 2019

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Mstc/lko/bharat Sanchar Nigam Limited/6/gandhi Bhawan, M.g.marg, Lucknow/19-20/14417

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Special Terms & Conditions MSTC Ltd. Shall hereinafter be referred to as MSTC and BSNL Lucknow as owners. MSTC has come up with a unique business model to aid and augment financing needs of its bidders by leveraging the bidder's surplus Bank Guarantee limit. Complete details of the policy and contact officers are available at " Bidder's are hereby informed that Payments towards EMD/SD/Material Value/Service Charge etc which are payable in favor of MSTC, should only be made through e-Payment link in the Bidder's Login. No Payment will be accepted in any other form. Any loss or loss of oppurtunity or penalty imposed due to non compliance of the above instructions shall be solely the responsibility of the buyer, MSTC shall not entertain any request or complaint arising out of the same. For inspection & other related matters, bidders may contact at BSNL :Zamir Khan Mob: +919455004700, Email ID: FOR ANY QUERY PLEASE CONTACT AT MSTC Ltd. , LUCKNOW: Mr. Vijyant Narayan Singh, Email: Ph. No: 0522-4244702 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, e-Auction Catalogue on the live e-auction Floor Should be Treated as Final and Binding. NOTE 1: 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. NOTE 2:"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" NOTE 3:"GST rates as indicated in this e-auction catalogue are only indicative. Actual GST rates as applicable on the date of lifting shall be applicable. Bidders are required to satisfy themselves about GST rate through their own sources/means before bidding in this e-auction and any discrepancy should be intimated to MSTC / Seller at least one working day prior to the e-auction. No complaint from any bidder thereafter, regarding any variation will be entertained after the e-auction goes on live floor. Non payment of sale proceeds on the ground of any discrepancy of GST rate will be treated as default and action as deemed fit including but not limited to forfeiture of EMD/SD will be taken against the bidder." "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." PAYMENT DETAILS: ALL THE PAYMENTS TOWARDS EMD/SECURITY DEPOSIT, BALANCE SALE VALUE, GST, TCS AND SERVICE CHARGES IS TO BE MADE IN MSTC Lucknow's Bank ACCOUNT THROUGH "e-PAYMENT" option available in buyer login. DD/PO favouring MSTC shall NOT be acceptable in any case. On submission of payment either toward EMD/security deposit/balance payment, GST , TCS , Penalty or towards MSTC's service charge, intimation should be mandatory given through e-mail to both CONCERNED OFFICER AT MSTC and the seller. Payment Terms: 1.1) Draft / PO issued by Co-operative banks will not be accepted. No arrangement instrument where more than one bank is involved will be accepted. The successful bidders are required to pay EMD/SD

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