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Metal Scrap Trading Corporation Limited

Gautam Buddha Nagar, Uttar Pradesh

  • Opening Date

    16 Sep 2019

  • Closing Date

    16 Sep 2019

  • Tender Amount

    Refer document

  • EMD


  • Auction Start Date

    16 Sep 2019

  • Auction End Date

    16 Sep 2019


Mstc/nro/mahindra Mstc Recycling Private Limited/8/greater Noida/19-20/17529

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, 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. 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. 50.00 Lakh and above per Lot). Complete details of the policy and contact officers are available at and at "" SPECIAL TERMS:Scrap is to be sold on As-Is Where-Is basis on clean sweep. No Pick & Choose, or segregation will be allowed. Later at the time of lifting the material, no objections will be entertained. After the submission of bid(s) by the Buyer, a presumption would be drawn that the buyer has inspected the material and has satisfied himself about the nature, quantity,quality, taxes-duties and legalities prior to the e-auction. No complaint, whatsoever, on the points referred above, would be entertained after the submission of the bid. Scrap lifting is to be done starting from one end only. All the customers are requested to go through the Remarks column of each low. Further if any confusion is there, they may clarity at the below numbers. For hazardous scrap or any material requiring specific disposal under PCB guidelines, the customer has to submit a copy of the authorization of SPCB and CPCB to MMRPL before picking up the material. 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. CONTACT DETAILS: Inspection Purpose: Mr. Praveen Gupta +91-99753 15827 Mr. Rajesh Goyal- +91 95011 13393 Mr. Vinay Dalmia : +91 9870005199 The intending buyers can inspect the material on working days (Monday to Friday) between 10.00 AM to 4.00 P.M. up to 1 day prior to the date of Auction. Please visit between 10.00 A.M to 04.00 P.M. to avoid inconvenience and prior contacting the above MMRPL officials before inspecting. Customer has to arrange their own transportation during scrap inspection. During inspection and lifting of material customer has to bring valid MSTC ID proof and Valid ID proof of Labour. In exceptional cases where cutting/crushing is allowed by MMRPL for any specific lots, the same needs to be done by the Customer at the time of lifting and at their own cost, without inflicting any direct or indirect damages to MMRPL​s property. The time and designated place to carry out the same will be decided by the Officer in-charge of MMRPL. Customer has to bid per U.O.M as given in the auction catalogue. The quantity variation may be considered + / - 25% for all the lots. MSTC DEALING OFFICER: TANMOY SARKAR: 8349894664, 011-23215925. MSTC HELPDESK NO.: 033-22901004 EMAIL ID: MSTC HELPDESK NO (NRO) :011 23212357, 011 23215163, 011 23217850 PAYMENT DETAILS: 1. PAYMENT TOWARDS EMD/SECURITY DEPOSIT @ 10% IS TO BE MADE IN MSTC ACCOUNT THROUGH ONLINE e-PAYMENT GATEWAYS PER THE FOLLOWING For procedure of e-payment by RTGS/NEFT to MSTC LIMITED STEP 1 ENTER BUYER USER ID & PASSWORD STEP 2 GO FOR ONLINE PAYMENT WINDOW STEP 3 SELECT THE FOLLOWING OPTIONS OF PAYMENTEMD/SERVICE CHARGE (as the case maybe). STEP 4 SELECT THE REGION/BRANCH OF MSTC S

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