Auction Details

Auction No
MSTC/NRO/SP PITHORAGARH /3/POLICE LINE PITHORAGARH/23-24/49504[423554]
Opening Date & Time
01-03-2024::11:00:00
Closing Date & Time
01-03-2024::15:00:00
Inspection From Date
16-02-2024
Inspection Closing Date
29-02-2024
EMD Type
Item Wise



Seller Details

Seller/Company Name
SP PITHORAGARH
Location
POLICE LINE PITHORAGARH
Street
POLICE LINE PITHORAGARH
City
PITHORAGARH - 262501
Country
INDIA
Telephone
9568011940
Fax
Email
bs7657977@gmail.com
Contact Person
BAHADUR SINGH



LOT NO[PCB GRP]/LOT NAMELOT DESCQUANTITYGSTLOCATIONEMD AMOUNT
Lot No: 1
PCB GRP :[RVSF]
Lot Name: 02 Nos of ELVs,Old,Used,Waste & Scrap Vehicles Hill Crane-407
02 Nos of ELVs Old,Used,Waste & Scrap Vehicles Escorts Construction Equipment Hill Cranes-407 on as is where is & no complaint basis

Reg No-UK05GA0015
Class-Crane Mounted 407
YOM-2008
CH-2237000317
En-JRZ630617
GW-5140Kg
No of Cyl-4
Seat.Cap-2
Body-Tower Wegons Crane
Colour-Yellow
Horse Power-55.2HP/2800cc
Fuel-Diesel

Reg No-UK06GA0021
Class-Crane 407,Articulated Vehicle BSII
YOM-01/2008
CH-357187JRZ827416
En-JRZ630097
GW-5140Kg
No of Cyl-4
Seat.Cap-3
Body-Tower Wegons Crane
Colour-Yellow White
Fuel-Diesel

Total Qty-2 Nos

Contact-SIMT Bahadur Singh-8077680128

Pre-bid EMD-Rs.20000/-

GST-As Applicable(Under RCM)

CLICK FOR PICS

1 LOT As Applicable / As Applicable Police Line Pithoragarh State :Uttarakhand 20,000.00
Total No of Lots = 1
 
Special Terms & Conditions
 
 
CONTACT DETAILS:
For inspection & other related matters, bidders may contact :As per material description.
For MSTC :Mr. Manoj Pandey, Deputy Manager, E-mail Id: mpandey@mstcindia.co.in (Telephone no:- 011-23212357, 011-23215163, 011-23217850)
For issues related to system setting please contact MSTC held desk at email :helpdesk@mstcindia.co.in or call at :07969066600
Important Link for Payment :(Click here for Guide to Pay PRE-BID EMD):
Delivery Period 30 days from the issuance of DO.
For payment of sale value and transaction fee: MSTC NRO through e-payment button available in buyer login homepage.

Portal Access : MSTC shall record MAC address for 1 device for each RVSF and restrict access to the recorded MAC addresses for e-auction of ELVs on MSTC portal. This provision has been implemented as per request of MoRTH and RVSF agreeable to record their MAC address shall be allowed access to e-auction of ELVs.

Payment Terms:
a. Post Bid Earnest Money Deposit (EMD): The successful bidder shall have to deposit EMD @ 25% + Transaction fee on Material Value after adjusting pre bid EMD within 4 days of acceptance of BID.
b. Balance Sale Value : The successful bidder shall have to deposit the Balance Sale Value i.e. 75% of Material Value + Taxes on 100% of Material Value after adjusting the EMD within 7 days of acceptance of bid.
The successful bidder has to deposit the full sale value including Transaction fee along with Taxes with 7 days of acceptance of BID.
The successful bidders shall have to deposit Transaction fee for auctions conducted on or after 01.04.2023 @3% Plus GST on material value over and above the material value and other payments.
Kindly note that in case of any irregularity in the submission or filing of taxes/returns by the buyer, the dispute has to be resolved between the seller and the buyer and MSTC Limited shall in no way be held liable/responsible for the same.
Default in Payment:
a. In case the buyer does not deposit the Post BID EMD his Pre Bid EMD shall be forfeited.
b. In case the buyer does not deposit Balance Sale Value his Post Bid EMD including Pre Bid EMD shall be forfeited.

A) GENERAL CONDITIONS:
1. MSTC Ltd. shall hereinafter be referred to as MSTC and will act in the capacity of the Selling Agents of the seller i.e., who will act as Principal/Owners.

2. All the offer shall be valid for a period of 90 days from the date of closing of e-auction.

3. Only RVSF Units registered with MSTC having valid RVSF registration certificate shall be allowed to participate in the auction. The RVSF units are requested to register for each unit separately as per registration certificate issued by states government. Bidders should ascertain that they are having all the requisite documents/licenses/certificates/clearances, etc. for participation in the event. Any wrong bidding on account of the bidder due to non-availability of requisite documents/licences/certificates/clearances, etc. shall lead to forfeiture of their pre-bid EMD without any claims and consideration to them. RVSF units not registered with MSTC can register with MSTC. Refer to Buyers (RVSF) guide provided in our website https://www.mstcecommerce.com/auctionhome/elv/index.jsp

4. All the materials are offered for sale on AS IS WHERE IS basis. Rate must be quoted on unit basis for each lot separately not part thereof i.e. in Rupees per unit only. The quantity indicated against the lot is purely indicative.

5. The Principal/Owner of the materials reserves the right to withdraw at any stage the sale of any item or quantity of material either by number or by weight or any other specific unit etc, even after issue of Sale Order/Delivery Order. The Principal/Owner will not be bound to assign any reason or details thereof for such withdrawal. Value of the materials so withdrawn, if any, and paid by the buyer will be refunded. The Principal will however, not be responsible for any damage, loss, direct or consequential compensation whatsoever to the buyer nor for payment of any interest.

6. The Sale will be governed by the Material List & Special Terms & Conditions (STC) displayed on the Live eA Floor (and not under Forthcoming Auctions) as well as the General Terms & Conditions (GTC) and Buyer Specific Terms & Conditions (BSTC) already accepted by the Bidder at the time of eA Registration with MSTC. The Material List & STC displayed under View Forthcoming Auctions on MSTC's eA Website are tentative and subject to change at MSTC's sole discretion before the start of eA. Bidders should therefore download the Material List and STC displayed only under View Live Auctions for their record purpose, if required. The BSTC and GTC can be seen and downloaded by going to the Home Page of the eA Website and clicking on NEW USER. Participation in the eA will be deemed to imply that the Bidder has made himself thoroughly aware of and accepted the STC, BSTC and GTC. In case of any conflict between the STC and BSTC, the STC shall prevail. MSTC shall have the right to issue addendum to the STC or BSTC, to clarify, amend, modify, supplement or delete any of the conditions, clauses or items stated therein and the Addendum so issued shall form a part of the original STC.

7. MSTC/Principal reserves the right to call all the eligible bidder(s) for revised bid along with requisite EMD for any lot.

8. The quantity in actual may turn out to be more or less than the estimated 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 compensation on this count.

9. Rate must be quoted exclusive of applicable taxes and duties which will be charged as on date of delivery. Any variation in such taxes and duties will be borne by the buyer/s.

B) INSPECTION DETAILS:
10. Instructions for inspection of material: a) Inspection of material shall be allowed only in the period given in catalogue. b) Bidder coming for inspection should carry authorization letter for inspection, if bidder is sending their representative for inspection. c) Maximum 2 persons from one firm shall be allowed to inspect the material at a time.

11. Bidder/s have to inspect the material thoroughly and satisfy themselves about the nature, quality, quantity, hazardous/explosive properties, if any, before submitting their bid. In case they come across any material beyond the scope of the description of material, it should be informed to seller/MSTC.

After the submission of bid(s) by the Bidder, a presumption would be drawn that the bidder has inspected the material and has satisfied himself about the nature, quantity, quality, other technical specifications, taxes-duties and legalities prior to the eA. No complaint, whatsoever, on the points referred above, would be entertained after the submission of the bid.

Pictures/videos if any attached in auction catalogue are for reference purpose only. Bidders should physically inspect the material at site to confirm the quantity/quality of the material


12. Pre Bid EMD:
Pre Bid EMD applicable against each lot is mentioned in the table detailing the lot details. Bidders have to maintain balance of the Pre-Bid EMD into their buyer ledger to become eligible to participate in the auction. For detail process for submitting Pre BID EMD refer to Important Link for Payment Mentioned earlier in the auction catalogue.

Bidders, in their own interest, are advised to submit the pre-bid EMD amount well in advance to avoid any last minute issues. The Prebid EMD of the successful bidder shall be deducted from the buyers ledger and shall be adjusted with Full Sale Value/Security Deposit/Transaction fee.

The balance Pre-Bid EMD available in buyers ledger shall be refunded on receipt of online refund request from the buyers login to the bank account of buyer registered in MSTC portal. Non payment of Full sale value along with transaction fee shall result in forfeiture of Prebid EMD by MSTC.
C) POST BID FORMALITIES
13. eA lot Status/result: The status of the highest bids having been accepted on Confirmed or STA basis must be personally seen by the Bidders online through the link Auction Lot Status immediately after closing of eA which will be displayed up to 7 (Seven) days from the date of Closing of eA (excluding the date of closing of eA) and payment of Post-Bid EMD/SD must be made accordingly. Although immediately after closing of eA, a system generated automatic Sale Intimation Letter will be issued by e-mail to the Highest Bidder for accepted/STA lots. The bidders must always keep their registered email account valid, failing which bidders will be liable for non-compliance of payment/delivery instructions if issued by MSTC/SELLER from time to time.

14. The Contract shall be treated as having been entered into as soon as the bid is confirmed in favor of the successful bidders. 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.

15. Payment Terms:
The bidders shall submit full payment (Sale Value + Transaction fee) + Taxes after adjusting the Pre-Bid EMD through RTGS/NEFT as per Sale Intimation letter within 7 days from date of eA for accepted lots as mentioned in the Sale Intimation Letter. For STA lots, full payment (Sale Value + Transaction fee) is to be submitted after adjusting the Pre-Bid EMD through RTGS/NEFT as per Sale Intimation letter within 7 days of acceptance of the lot.

The successful bidders shall have to deposit Transaction fee @3% Plus GST on material value over and above the material value and other payments. The same may be adjusted from the pre-bid EMD of the bidder or bidder may have to submit the same separately excess to the auction payment of the material.

For detail process for submitting sale value and transaction fee refer to Important Link for Payment Mentioned earlier in the auction catalogue.

Payment dates for installments if any, shall be strictly adhered to irrespective of whether lifting of earlier installments are completed or not.

If payment against basic cost only is deposited and amount of GST and Late Payment Fee, if any, etc. is not deposited by buyer then the seller/stockholder at its own discretion shall issue relevant site delivery order for reduced quantities after adjusting the GST/ Late payment charges etc.

The GST rate applicable for each lot shall be mentioned in the lot description. In case the GST in the lot description is displayed as As Applicable or 0 than it shall be the responsibility of buyer to deposit the GST with the authority under Reverse Charge Mechanism as per the provision of the GST rules.

Kindly note that in case of any irregularity in the submission or filing of taxes/returns by the buyer, the dispute has to be resolved between the seller and the buyer and MSTC Limited shall in no way be held liable/responsible for the same

16. For delayed payment of balance sale value along with taxes and duties, late payment charge @ 1% per week or part thereof for a maximum period of 14 calendar days has also to be charged which should also feature in the STC. However, this shall not confer any right to the Bidder to make any Late Payment of Balance Sale Value or applicable Duties and Taxes and MSTC/Seller reserves the right not to accept the payment of the Balance Sale Value with or without the additional charges after the expiry of the due payment time as mentioned above.

17. In case the buyer does not deposit the Post BID EMD/full payment his Pre Bid EMD shall be forfeited.

18. In case the buyer does not lift the material/fulfils the contractual obligation even after payment of full material value within the time period stipulated in the delivery order, all payments deposited shall be forfeited.

19. Delivery period: The successful bidders shall lift the all allotted material lying in the lot allotted to them by employing their own labor and transport at their own cost within 30 from the date of Delivery Order (including date of issue)/or as stipulated by MSTC LIMITED in the DO.

F) DELIVERY/ LIFTING
20. Delivery of materials shall be granted to the successful buyers as per sole discretion of the Seller and bidders shall not have any say in this regard. Complaints/Representations in this regard shall not be entertained. It will be deemed that bidders participating in eA shall adhere to and abide by the sequence/order of items which shall be delivered as per discretion of the Seller.

21. In case of delayed lifting, the collection of ground rent in advance shall be the sole responsibility of the seller before effective delivery. The rate of ground rent beyond the free delivery period shall be @ 1% per week or part thereof for a maximum period of 14 calendar days.

22. In case of Goods sold on Lot Basis, the Ground Rent will be calculated at the rate specified above on the value of the entire Lot even if lifted in part, where as in case of Goods sold on Unit Weight or Unit Number Basis, the Ground Rent will be calculated on the value of unlifted quantity. However it must be noted by the Bidders that it will be the sole discretion of the Seller not to allow the Buyer to lift the Goods with or without the Ground Rent after the expiry of the stipulated free Delivery period or even within the aforesaid additional period of 14 (Fourteen) Days and in such event, the sale of the material not lifted by the Buyer(s) will be automatically cancelled and all the moneys paid by the Buyer will be automatically forfeited.

23. Certificate of Deposit (CoD): The successful buyer needs to generate a Certificate of Deposit as and when provision for the same is made available in the Vahan Portal. The buyer has to upload the CoD into the MSTC portal from their login within 30 days from the day provision for generation of CoD for government vehicle is made available in the Vahan login of RVSFs or 30 days from the last date of Delivery mentioned in the delivery Order whichever is later. MSTC reserves the right to de-activate a buyer if the CoD is not is uploaded within 30 days of the last date of delivery order mentioned in the Delivery Order (DO).

24. TAXES AND DUTIES: The GST rate, Cess or any other statutory Duty/Tax/Levy/Charge etc. will be applicable and payable by the Buyer as prevailing on the date of actual physical delivery of materials. The rates of Duties and Taxes displayed on the eA Website are only indicative and based on the rates prevailing before the commencement of the eA.
Both Seller and bidder have to comply with rules of the Motor Vehicles (Registration and Functions of Vehicle Scrapping Facility) Rules, 2021, and it amendment/corrigendum.

Since ELVs to be sold shall never come under the custody or possession of the MSTC Ltd, any complaint from the bidders/buyers on account of quality, quantity or delivery of the goods shall be handled by the seller only.
Dispute Resolution:
a. In case of dispute & differences between the Buyer (RVSF) & Service Provider/Selling Agent the same shall be resolved by way of arbitration. The arbitration clause appearing in BSTC shall be treated to be applicable here.
b. The Court under which Jurisdiction the address of MSTC concerned, which is carrying out the event/auction, is located shall have the exclusive jurisdiction in the matter.

28. ALL CONTRACTS/TRANSACTIONS ENTERED INTO BY THE BUYER/BIDDER ARISING OUT OF THIS eA SHALL BE GOVERNED BY THE INTEGRITY PACT AVAILABLE ON OUR WEBSITE, www.mstcindia.co.in.

Auction Catalogue on the live floor on the day of bidding shall be final & binding upon the buyers. Bidders should ascertain that they are having all the requisite documents/licences/certificates/clearances, etc. for participation in the event. Any wrong bidding on account of the bidder due to non-availability of requisite documents/licences/certificates/clearances, etc. shall lead to forfeiture of their pre-bid EMD without any claims and consideration to them.

Pictures attached in Lot description are for reference purpose only. Bidders should physically inspect the material at site to confirm the quantity/quality of the material

SPECIAL TERMS FOR BIDDERS OF THIS eA (it supersedes any other term in this regard)
THIS eA IS BEING CONDUCTED IN TRANSACTION FEES MODEL. IN THIS TYPE OF eA, THE SERVICE CHARGES OF MSTC LIMITED SHALL BE RECOVERED FROM THE H1 BIDDER OVER AND ABOVE THE MATERIAL VALUE AND OTHER PAYMENTS. THE SAME MAY BE RECOVERED FROM THE PRE-BID EMD OF THE BIDDER OR BIDDER MAY HAVE TO SUBMIT THE SAME SEPARATELY EXCESS TO THE AUCTION PAYMENT OF THE MATERIAL.

Auction Type : Transaction Fees model
Transaction fee as per Sale Intimation Letter (SIL) will be payable by the highest bidder and this will be over and above the material Value (exclusive of Taxes and duties of the material value). Transaction fee should be paid along with the Sale Value and taxes within 11 days from Lot being declared as SOLD and it will not be adjusted with material value. Bidders should carefully read and understand the payment of Transaction charges and submit their bids. The payment should be done through e-Payment gateway link give in the buyer login.

The eA shall be conducted in REVERSE CHARGE MECHANISM.

Under RCM, GST rates displayed, if any are purely indicative and GST rate assessment, timely submission of GST, issuing of Purchase Tax Invoice & filing of proper GST returns is completely the liability of the buyer and no liability in this regard shall be taken by Seller/MSTC at any point of time.

As per the latest notifications- Notification No. 36 /2017-Central Tax (Rate) and Notification No. 37 /2017- Integrated Tax (Rate) both dated 13/10/2017 issued by Department of Revenue, Ministry of Finance, Government of India available in CBEC website notifications section; eA of scrap/used materials is allowed by Reverse Charge Mechanism.

Moreover, it is the responsibility of the seller, in case of hosting eAs in RCM to collect

1) In Reverse Charge Mechanism, the Buyer bears the responsibility to submit the requisite GST to relevant authorities, generate the GST Invoice and file required GST Returns. However, these things can be completed only at the time of taking actual delivery. Thus the buyer shall make payment of only the Basic Material Value + TCS (if applicable) to MSTC which MSTC shall forward to the Seller along with Delivery Order with instructions to collect the following documents from the buyer and the Seller bears the sole responsibility to ensure collection of the following documents from the buyer before allowing physical delivery of the material:

a)True Copy of GST Registration Certificate of the Buyer

b)GST submission challan for the value of GST as shown liable in the Delivery Order

c)GST Invoice from the buyer showing proper description of material, rate, taxes, value, GST TIN of the buyer, properly sealed and signed by the buyer.

2) Kindly note that in case of any irregularity in the submission or filing of taxes/returns by the buyer, the dispute has to be resolved between the Seller and the Buyer and MSTC Limited shall in no way be held liable/responsible for the same.

Kindly Read the below mentioned terms and conditions carefully before participating in the eA.

1) Bidders after successful login will access Pay Pre Bid EMD link at their homepage to make pre-bid payment through RTGS/NEFT.

3) Credit of Pre-bid EMD shall be given to the bidder only after receipt of payment in specific H.O. PNB (punjab national bank) account and after updation of such information in the eA website. This may take some time as per banking process and hence bidders, in their own interest, are advised to submit the pre-bid EMD amount well in advance to avoid any last minute problem.

4) Pre-Bid EMD must be paid by the bidder (NEFT/RTGS) through the above stated link only otherwise the pre-bid activation will not work. Refund to non H1 bidder as per their online request will also be processed from H.O. within 3 days from the date of refund request.

5) If the successful bidder fails to make the balance value payment/full value payment/post bid payments, pre bid emd will be forfeited. Pre-bid EMD of successful bidder shall be converted to Security Deposit and the Acceptance Letter will be issued.

IMPORTANT TERMS OF THE AUCTION FOR THE SALE OF CONDEMNED/ "END OF LIFE" VEHICLES:

7) This auction shall be conducted in compliance with MoRTH 2021 guidelines (and subsequent amendments/ clarifications)

8) This is a limited auction which will be conducted amongst the RVSF only. Only RVSF Units registered with MSTC having valid RVSF registration certificate shall be allowed to participate in the auction. The RVSF units are requested to register for each unit separately as per registration certificate issued by states government. The materials offered for sale must be inspected by the RVSF units prior to due date of eA.

10) This auction is for the sale of END-OF-LIFE VEHICLE/ Condemned Vehicles wherein there will be no transfer of registration of vehicles.

11) All the RVSF have to ensure that they are registered with MSTC as BUYER under GENERAL CATEGORY and they have intimated the buyer no. to MSTC local offices well in advance for the purpose of participation/activation in auctions conducted for the sale of END-OF-LIFE Vehicles/ Condemned Vehicles.

12) All the RVSF also have to ensure that the GST no. and address available in their buyer registration profile is as per the guidelines for the submission of GST to Govt. Authorities under RCM.

13) Both Seller and bidder have to comply with rules of the Motor Vehicles (Registration and Functions of Vehicle Scrapping Facility) Rules, 2021, Rules of the Transport Department, Delhi and any other End of Life Vehicle rules lex loci.

14) It is the responsibility of the successful RVSF units to lift the ELV by arranging its own resources and transport it to its RVSF facility. The last date of Lifting the lots shall be as per Special Terms and Condition of the auction.

15) THE RVSF units shall generate the RVSF and subsequently de-register the ELVs in the Vahan Portal

16) Seller to download the CoDs from their ELV seller login.

17) The unsold lots shall be put up for reA by MSTC.

PAYMENT TERMS/ ACCOUNT DETAILS:

19) Buyers are instructed to make MSTC Payment through E-PAYMENT mode ONLY. NO other mode of payment will be accepted.

21) MSTC shall collect full payment from the H1 RVSF Buyer within a pre determined period which shall be mentioned in the auction terms and condition. MSTC shall collected the entire payment in a single instalment and issue the Sale Order/Delivery order to the H1 bidder.

22) MSTC shall transfer the payment to concerned Central Govt Department after deduction of its administrative charges.

B) GENERAL CONDITIONS:

24) MSTC Ltd. shall hereinafter be referred to as MSTC and will act in the capacity of the Selling Agents of the seller i.e Niti Aayog, who will act as Principal/Owners.

25) All the offer shall be valid for a period of 90 days from the date of closing of eA.

28) After the submission of bid(s) by the Bidder, a presumption would be drawn that the bidder has inspected the vehicle and has satisfied himself about the nature, quantity, quality, other technical specifications, taxes-duties and legalities prior to the eA. No complaint, whatsoever, on the points referred above, would be entertained after the submission of the bid.

29) The Principal of the materials reserves the right to withdraw at any stage the sale of any item or quantity or any other specific unit etc, even after issue of Sale Order/Delivery Order. The Principal will not be bound to assign any reason or details thereof for such withdrawal. Value of the materials so withdrawn, if any, and paid by the buyer will be refunded. The Principal will however, not be responsible for any damage, loss, direct or consequential compensation whatsoever to the buyer nor for payment of any interest.

31) MSTC/Principal reserves the right to call all the eligible bidder(s) for revised bid along with requisite EMD for any lot.

32) Rate must be quoted exclusive of applicable taxes and duties which will be charged as on date of delivery. Any variation in such taxes and duties will be borne by the buyer/s.

D) POST BID FORMALITIES

35) eA lot Status/result: The status of the highest bids having been accepted on Confirmed or STA basis must be personally seen by the Bidders online through the link Auction Lot Status immediately after closing of eA which will be displayed up to 7 (Seven) days from the date of Closing of eA (excluding the date of closing of eA) and payment of Post-Bid EMD/SD must be made accordingly. Although immediately after closing of eA, a system generated automatic Sale Intimation Letter will be issued by e-mail to the Highest Bidder for accepted/STA lots. The bidders must always keep their registered email account valid, failing which bidders will be liable for non-compliance of payment/delivery instructions if issued by MSTC/SELLER from time to time.

36) The Contract shall be treated as having been entered into as soon as the bid is confirmed in favor of the successful bidders. The period of contract shall be of 60 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 or on completion of the period of contract as mentioned above, whichever is earlier.

37) For delayed payment of sale value along with taxes and duties, late payment charge @1% per week or part thereof for a maximum period of 14 calendar days has also to be charged which should also feature in the STC. However, this shall not confer any right to the Bidder to make any Late Payment of Balance Sale Value or applicable Taxes and MSTC/Seller reserves the right not to accept the payment of the Balance Sale Value with or without the additional charges after the expiry of the due payment time as mentioned above.

38) Delivery period: The successful bidders shall lift the vehicle by employing their own labor and transport at their own cost within 30 days from the date of DO (including date of issue)/or as stipulated by MSTC LIMITED.

CLICK HERE FOR TERMS & CONDITION

423554