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Metal Scrap Trading Corporation Limited

Ambedkar Nagar, Uttar Pradesh

  • Opening Date

    25 Sep 2019

  • Closing Date

    25 Sep 2019

  • Tender Amount

    Refer document

  • EMD

    -

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Summary

Auction Sale Of Lot No : 1 Lot Name : Escort C800 Hydra Crane Etc

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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, SPECIAL NOTE: ALL THE LOTS WHICH ARE REJECTED/NO BID IN THIS E-AUCTION SHALL BE PUT-UP AGAIN FOR RE-AUCTION WITHIN ONE WEEK OF CLOSURE OF THIS E-AUCTION. THERE SHALL BE NO SEPARATE PUBLICITY FOR SUCH DISPOSALS. BIDDERS ARE ADVISED TO KEEP A WATCH ON NEXT DATE OF E-AUCTION FOR REJECTED/NO BID ITEMS ON MSTC WEBSITE: For Queries please contact MSTC LTD. LUCKNOW: Mr. Anil Verma, Deputy Manager Email id: Tel. No. 0522-2236396 For Inspection & Other Quires Contact @NTPC-Tanda Shri C.S. Joshi at Mb. No.: 8004920986 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:"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. Nonpayment 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." MSTC has come up with unique business model to aid and agument financing needs of its bidders by leveraging the bidder's surplus Bank Guarantee (BG) limit. Under this scheme MSTC will be making the payment to the Seller on behalf of the bidder by opening LC/RTGS which will be backed by bidder's 110% BG issued by any scheduled Commercial bank (for Rs. 50 Lakh and above per lot). Complete details of the policy and contact officers are available at & No Payment except Post Bid EMD & MSTC's Service Charge will be accepted into MSTC account. Hence Buyers are Requested that they should make payment of Balance material value/GST/TCS in Seller's account only .Balance material value/GST/TCS done into MSTC's account will not be accepted and will be returned to Buyer .Sole responsibility of any loss of payment/delivery time due to Balance material value/GST/TCS done into MSTC's account will be of Buyer's Only. 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. SPECIFIC TERMS AND CONDITION: 1) Payment terms for above lots as per M/s M.S.T.C. guide lines/tender conditions. 2. The buyer shall bring all required tools& tackles necessary for dismantling/cutting,whereever required,at their own cost. 3.The buyer should take due care of safety at the time of dismantling/cutting .All safety measures to be adopted to ensure safety of man and materials. 4..NTPC Tanda shall not take any responsibility,if accident occurs. 5.To be disposed on "as is where is basis" You may ensure that the Buyer should fulfill all the statutory requirements where ever needed as per rule. The buyers must furnish the following documents to you before issue of acceptance letter for their Bids and the same shall also produced by successful bidders to NTPC, Tanda before issue of scrap materials to them. (i) Permanent Account Number. (ii) Document confirming the fulfillment of statutory requirements (License.) as per Gazette notification/MOE & F, Govt. India issued time to time as applicable in case of sale of non ferrous scrap ,u

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