104503
Auction Details
Auction No MSTC/ERO/DVC,Trans/6/Maithon/1516/9877[104503]
Opening Date & Time 05112015::12:00:00
Closing Date & Time 05112015::16:00:00
Inspection From Date 30092015
Inspection Closing Date 03112015
Seller Details
Seller/Company Name DVC,Trans Location Maithon Street Area 6,Maithon City Distt.Dhanbad 828207 Country INDIA
Telephone 06540279436
Fax 06540276632
Email [email protected]
Contact Person Sri S. Bose
LOT NO[PCB GRP]/LOT NAME LOT DESC QUANTITY ED/(ST/VAT) LOCATION
Assorted size dismantled, old, used G. I. Tower Member Lot No:1 VAT @5% & TCS@1% Pathardih Sub/Station , Location: Pathardih Sub/Station , DVC, Under GOMDIV, Putki As Applicable / 25 MT DVC, Under GOMDIV, Putki 5% Contact Person: SubStation Incharge, DVC, Pathardih under State :Jharkhand Lot Assorted size dismantled, old, used G. GOMDIV.Putki. Name: I. Tower Member
i.Different Ferrous Materials300 Kgs. ii. M. S. Rail Pole, cut pcs 170 Metre( 7650 gs.) Lot No: 2 VAT @5% & TCS@1% Pathardih Sub/Station, DVC, As Applicable / Location: Pathardih Sub/Station, DVC, Under GOMDIV, Putki 1 LOT Under GOMDIV, Putki State 5% Contact Person: SubStation Incharge, DVC, Pathardih under :Jharkhand Lot Different Ferrous Materials & M. S. Name: Rail Pole GOMDIV.Putki.
NonFerrous Materials Lot No: 3 VAT @5% & TCS@1% Pathardih Sub/Station, DVC, Location: Pathardih Sub/Station, DVC, Under GOMDIV, Putki As Applicable / 300 KG Under GOMDIV, Putki State 5% Contact Person: SubStation Incharge, DVC, Pathardih under :Jharkhand Lot Name: NonFerrous Materials GOMDIV.Putki.
i.Circuit Breaker (BHELMake) 02 Nos. ii. Battery Charger3 Nos. Lot 4 iii. Filter Machine 1 No. Nos. No: VAT @14% & TCS@1% Pathardih Sub/Station , As Applicable / 1 LOT DVC, Under GOMDIV, Putki Location: Pathardih Sub/Station , DVC, Under GOMDIV, Putki 14% State :Jharkhand Lot Circuit Breaker (BHELMake), Battery Contact Person: SubStation Incharge, DVC, Pathardih under Name:Charger & Filter Machine GOMDIV.Putki.
132 KV PT make Oerlinkon Lot No: 5 VAT @5% & TCS@1% Sindhri Sub/ Station, DVC, Location: Sindhri Sub/ Station, DVC, Under GOMD IV, Putki As Applicable / 3 NO Under GOMD IV, Putki 5% Contact Person: SubStation Incharge, DVC, Sindri under GOMD State :Jharkhand Lot Name: 132 KV PT IV.Putki.
i.Dismantled , old, used assorted G I Tower Members 10 M. T. Lot No: 6 ii. Misc. Iron Scrap 03 M.T. VAT @5% & TCS@1% Putki Sub/ Station , DVC, As Applicable / 1 LOT Under GOMD IV, Putki Location: Putki Sub/ Station , DVC, Under GOMD IV, Putki 5% State :Jharkhand Lot G I Tower Members & Misc. Iron Contact Person: The SE(E), GOMDIV, DVC, Putki. Name: Scrap
i.Misc. scrap of metallic, flex, hose pipe house service wire, cable etc.200 Kgs. Lot ii. Misc. Ferrous Scrap 1000 Kgs.. 7 No: iii. Misc. Aluminum Scrap 150 Kgs. Putki Sub/ Station, VAT @5% & TCS@1% Divisional Store DVC, Under Location: Putki Sub/ Station, Divisional Store DVC, Under GOMD 1 LOT As Applicable / GOMD IV, Putki State 5% :Jharkhand Lot Misc. scrap of metallic, flex, hose pipe IV, Putki Name:house service wire, cable etc. Contact Person: The SE(E), GOMDIV, DVC, Putki.
i.CT33 KV(Luxmi Make) 03 Nos. ii. Damaged Breaker Pole 33 KV 0 3 Nos. iii) Bushing (BHEL make 52 KV1 No. Lot No: 8 iv. Chair with Arms(Godrej 04 Nos). v) Chair without Arms02 Nos. Giridih Sub/ Station, DVC, As Applicable / VAT @5% & TCS@1% 1 LOT Under GOMD IV, Putki 5% Location: Giridih Sub/ Station, DVC, Under GOMD IV, Putki State :Jharkhand Lot Name:CT33 KV, Breaker Pole, Chair etc. Contact Person: SubStation Incharge, DVC, Giridih under GOMDIV .Putki.
Old/damaged/unserviceable i.Electric Drill Machine 220 V 330 RPM Type 7501No. ii. Electric Drill Machine 230 V A/C/DC10Nos. iii. Electric Drill Machine portable woolf2Nos. Lot No: 9 iv. Electric Drill Machine portable M/D 2Nos. v. Electric Drill Machine portable woolf 1 ND 71/4 cap.2Nos. As Applicable / Howrah SubStn. DVC, 1 LOT vi. Electric Drill Machine portable woolf HD cap.2Nos. 5% GOMDI State :West Bengal VAT @5% & TCS@1% Lot Name: Old/damaged/unserviceable Items Location: Howrah SubStn. DVC, GOMDI Contact Person: The SE(E), GOMDI, DVC, Howrah.
Old/damaged/unserviceable i.CO2 Fire Extinguisher 22.5 K.G 1No. ii. Fire Extinguisher DCP 5 KG.2Nos. iii.Motor Electric 400V 3ph Compressor for 33KV/132KV magrini OCB2Nos. Lot No: 10 iv.Starter for 400 V 3ph compressor Motor 33KV/132KV Magrini OCB2Nos. v.Hydraulic Platform Electrically & manually only red jack column with base As Applicable / Howrah SubStn. DVC, platform without motor.1No. 1 LOT vi. Tyre & Tube 590 x 15 x6 ply2Nos. 5% GOMDI State :West Bengal Lot Name: Old/damaged/unserviceable Items VAT @5% & TCS@1% Location: Howrah SubStn. DVC, GOMDI Contact Person: The SE(E), GOMDI, DVC, Howrah.
Synchronus Condenser & Accessories: i.SynchronusCondensor, 20/23 MVAR, MakeSiemens Shucket, Germany, TypePELH 490/446 03 Nos. ii.MainExcitor for Synchronus Condensor, MakeSiemens Shucket, Germany, TypeVG 304/21B0 3 Nos. iii. Pilot Excitor for SynchronusCondensor, MakeSiemens Shucket, Germany, TypeVGGME 45/9 03 Nos. iv. Phase Shifting Trf. For SynchronusCondensor, MakeSiemens Shucket, Germany, TypeOKDAM 979/1003 Nos. Lot No: 11 v. H2 Feeding System for Synchronus Condensors03 Nos. vi.Indoor CB 03 Nos. As Applicable / Howrah SubStn. DVC, PCB GRP :[PREBID EMD FOR ERO 14] vii. Indoor CT 01 Set. 1 LOT viii. Indoor PT. 01 Set . 14.5% GOMDI State :West Bengal Lot ix. Indoor Isolator 01 Set. Synchronus Condenser & Accessories Name: x. Panels Including Structure 01 Set. xi. 3 Core Cable for three SynchronusCondensors each having 300 Mtrs. Length 3 Sets. xii. Bushbar 01 Set. xiii. Primary water Iron Pipe Lines including valves, 240 Mtrs. Length 01 Set. xiv. Suction pump set including motor one 7 HP another 85 HP 2 Sets. PREBID EMDRs. 20 Lakhs.
Old & used 100AH Capacity Lead Acid Battery Cell08 Nos. VAT @5% & TCS@1% Lot No: 12 Location: Kharagpur SubStation, DVC, GOMDI Kharagpur SubStation, PCB GRP :[Used Batteries/Lead Acid Contact Person: The SubStation Incharge, Kharagpur SubStation, As Applicable / 1 LOT DVC, GOMDI State :West Batteries/Lead Acid Cells & Lead Scrap] DVC , under GOMDI, Howrah 5% Bengal Lot Name: Lead Acid Battery Cell Note : Central Govt. Pollution Control Board /Committee Certificate Holder can Participate in the Bidding
16.02/13.35 MVA, Single Phase, Railway Transformer 132/26.7 KV, make Bharat Bijlee Ltd.(License Siemens), Bombay ( Sl. No. 13402), YOM1974 without Oil. Lot No: 13 PREBID EMD Rs. 3 Lakhs. As Applicable / Belmuri SubStation, DVC, PCB GRP :[PREBID EMD FOR ERO 16] VAT @5% & TCS@1% 1 NO 5% GOMDI State :Jharkhand Location: Belmuri SubStation, DVC, GOMDI Lot Name: Railway Transformer 132/26.7 KV Contact Person: The SubStation Incharge, Belmuri SubStation, DVC , under GOMDI, Howrah
10/7.5 MVA, Single Phase, Railway Transformer 132/25 KV, make Bharat Bijlee Ltd. (License Siemens), Bombay ( Sl. No. 21001), YOM 1980 without Oil Lot No: 14 PREBID Rs. 2 Lakhs. PCB GRP :[PREBID EMD FOR ERO 13] VAT @5% & TCS@1% 1 NO As Applicable / Belmuri SubStation, DVC, 5% GOMDI State :Jharkhand Location: Belmuri SubStation, DVC, GOMDI Lot Name: Railway Transformer 132/25 KV Contact Person: The SubStation Incharge, Bemuri SubStation, DVC , under GOMDI, Howrah
i. Old/Used/Damaged 33 KV Breaker Pole(CGL Make) 8 Nos. ii. Old/Used/ Damaged Transformer Neutral Grounding Resistance Box. 5 Nos. Lot No: 15 VAT @5% & TCS@1% ASP Sub/ Station Under As Applicable / GOMDVI, DVC, EPIP Area Location: ASP Sub/ Station Under GOMDVI, DVC, EPIP Area 1 LOT Rajbandh, Durgapur 5% Rajbandh, Durgapur State :West Bengal Lot Name: Old/Used/Damaged Items Contact Person: The SubStation InchargeASP Sub/ Station Under GOMDVI, DVC, EPIP Area Rajbandh, Durgapur
Old/used Copper Control Cable VAT @5% & TCS@1% Lot No: 16 Location: ASP Sub/ Station Under GOMDVI, DVC, EPIP Area ASP Sub/ Station Under As Applicable / GOMDVI, DVC, EPIP Area PCB GRP :[Insulated Copper Wire Scrap] Rajbandh, Durgapur 1 MT 5% Rajbandh, Durgapur State Contact Person: The SubStation Incharge, ASP Sub/ Station Under :West Bengal Lot Name: Old/used Copper Control Cable GOMDVI, DVC, EPIP Area Rajbandh, Durgapur
Old, used and dismantled 33 KV CT/PT 6 Nos. & 132 PT 3 Nos. VAT @5% & TCS@1% Lot No: 17 Location: ASP Sub/ Station Under GOMDVI, DVC, EPIP Area ASP Sub/ Station Under As Applicable / GOMDVI, DVC, EPIP Area Rajbandh, Durgapur713212 1 LOT 5% Rajbandh, Durgapur713212 Lot Old, used and dismantled 33 KV Contact Person: The SubStation Incharge, ASP Sub/ Station Under State :West Bengal Name: CT/PT GOMDVI, DVC, EPIP Area Rajbandh, Durgapur
Old & used ,12 Core Copper Control Cable VAT @5% & TCS@1% Lot No: 18 Location: Lying at Chandil Sub/Stn, Under GOMDIII, DVC, Lying at Chandil Sub/Stn, As Applicable / Under GOMDIII, DVC, PCB GRP :[Insulated Copper Wire Scrap] Jamshedpur 170 MTR 5% Jamshedpur State Lot Old & used ,12 Core Copper Control Contact Person: The Substation Incharge, Chandil under GOMDIII, :Jharkhand Name: Cable DVC, Jamshedpur
Unserviceable/Surplus Elec. Item: i.Current Transformer, 100A, 700 V 3 Nos. ii) Current Transformer, 200/5A, 700 V Coil 3 Nos. iii) Current Transformer, 300/5A, 700V Coil 3 Nos. Lot No: 19 iv. Current Transformer, Coil3 Nos. Camp Power House v. Transformer, 100KVA, 6600230/400 Volt, 3 Phase, Sl. No. 385775 type As Applicable / 1 LOT Divisional Stores, DVC, HPBK 1 No. 5% VAT @5% & TCS@1% Maithon State :Jharkhand Lot Name: Unserviceable/Surplus Elec. Item Location: Camp Power House Divisional Stores, DVC, Maithon Contact Person: EE(E) , & in charge of CPH, Division, DVC, Maithon
i.Joint kit strait 6.6KV outdoor type for 3 X 240sqmm, Alu. Cable (Elec.) 6.6KV PVC/XLPE size 240sqmm x 3 core 2 Nos. ii. Joint kit strait 6.6KV outdoor type for 3 X 240sqmm, Alu. Cable (Elec.)volt 3.3KV/(C/LE) 6.6KV PVC/XLPE 1 Nos. Lot No: 20 iii) Joint Kit 11 KV outdoor type end jointing for XLPE, Alu. Cable 3 X 185 Camp Power House sqmm, Msteel pushon type resuable arrester end termination for 11 KV 3 x As Applicable / 1 LOT Divisional Stores, DVC, 185sqmm, XLPE cable kit type MPO5 4 Nos. 5% VAT @5% & TCS@1% Maithon State :Jharkhand Lot Name: Alu. Cable (Elec.) Location: Camp Power House Divisional Stores, DVC, Maithon Contact Person: EE(E) , & Incharge of CPH, Division, DVC, Maithon
Surplus Tools and electrical items as per Annexure 1A ( 330 items) and 1B (8 items) DETAILED LIST AS PER ANNEXURE; Lot No: 21 CLICK HERE FOR DETAILS. As Applicable / Divisional Store GOMDII VAT @14% & TCS@1% 1 LOT 14% and State :Jharkhand Location: Divisional Store GOMDII and Lot Name: Surplus Tools and electrical items Contact Person: The SDE(E) & InCharge, GOMDII, DVC, Maithon
Click here for ANNEXURE
T & P items as per annexure 2A ( 20 items) and 2B( 9 items) DETAILED LIST AS PER ANNEXURE; CLICK HERE FOR DETAILS. Lot No: 22 VAT @14% & TCS@1% Right Bank SubStation, As Applicable / Maintenance Wing, GOMDII Location: Right Bank SubStation, Maintenance Wing, GOMDII And 1 LOT Right Bank Sub Station Maintenance Store GOMDII, DVC, Maithon 14% And Right Bank Sub Station Maintenance Store GOMD Lot Name: T & P items Contact Person: The SDE(E), Maintenance Wing, Right Bank Sub Stn. GOMD_II, DVC, Maithon.
Click here for ANNEXURE Misc Electrical 19 items DETAILED LIST AS PER ANNEXURE; CLICK HERE FOR DETAILS. Lot No: 23 VAT @14% & TCS@1% Kalyaneswari SubStation, As Applicable / 1 LOT GOMDII, DVC. State Location: Kalyaneswari SubStation, GOMDII, DVC. 14% :Jharkhand Contact Person: The EE(E), Kalyaneswari sub/stn. GOMDII, Lot Name: Misc Electrical Kalyaneswari.
Click here for ANNEXURE
Old/used/damaged and unserviceable Truck Regd. No. BHG2590 VAT @14% & TCS@1% Lot No: 24 Location: Maintainance Wing, Right Bank SubStation under GOMD Maintainance Wing, Right As Applicable / Bank SubStation under II, DVC, Maithon 1 NO 14% GOMDII, DVC, Maithon Lot Old/used/damaged and unserviceable Contact Person: EE(E), Maintainance Wing, Right Bank SubStation State :Jharkhand Name: Truck under GOMDII, DVC, Maithon
Old/used/damaged and unserviceable 15 MVA Three Phase Transformer without Oil, 33 KV/6.6 KV, Make BBL Siemens Germany Lot No: 25 PreBid EMD Rs. 2 Lakhs. CSO, DVC, Maithon(Brought VAT @5% & TCS@1% As Applicable / from Right Bank Sub PCB GRP :[PREBID EMD FOR ERO 15] 1 NO Location: CSO, DVC, Maithon(Brought from Right Bank SubStation, 5% Station, GOMDII, Maithon Lot 15 MVA Three Phase Transformer GOMDII, Maithon State :Jharkhand Name: without Oil Contact Person: The SE(E), GOMDII, DVC, Maithon
Total No of Lots = 25
Special Terms & Conditions
Note: 1. Netbanking Option: The amount will be credited in T+1 EOD basis, so the buyer should remit the fund through Netbanking 24 hours before the last day mentioned in the Auction Catalogue. Fund transfer through Netbanking is NEFT transaction and the same will be credited in MSTC account the very next day excluding Sunday/holiday as per RBI guidelines. 2. Buyer has to inform the details such as amount transferred, date of transfer, buyers bank name, UTR No., Auction No., Lot No., payment type such as Prebid EMD, EMD, Material Value, Taxes, Full Value, etc to the DT Official whose name is appearing in the Auction Catalogue on the same day of the date of transaction . MSTC has no responsibility of delay in issue of AL, DO,etc in case buyers failed to inform through mail. CONTACT PERSON AT MSTC, ERO, KOLKATA : Shri Mayur Dimri Dy.MANAGER (ERO); PHONE NO. 03322900964, 22877557/0568/9627, 22812877.email: [email protected] email: [email protected]
IMPORTANT : The intending buyers has to deposit prebid EMD as detailed against each lot favoring MSTC Limited by way of online transfer of payment through RTGS/NEFT on or before 04112015. If the party wants to submit the EMD through RTGS then it must be routed through our website only with an intimation to MSTC, ERO indicating the buyer's id and UTR No. as provided by the benefactor bank. BUYER'S GUIDELINES for remitting respective payments through RTGS/NEFT CLICK HERE. Please note that buyer should generate the dynamic account no of MSTC from the system to remit all payment failing which cognizance of remittance (if any) shall not be considered. Remittance of prebid EMD should be done strictly as per the process detailed above. PREBID EMD in form of DD/PO shall not be accepted. Only those registered buyers shall be activated / allowed to bid whose said PreBid EMD amount has been credited within the scheduled date . Hence the buyer should ensure that the amount towards PreBid EMD is credited to MSTC's account on or before the scheduled date. Pre Bid EMD details clearly mentioning Buyer name, Buyer Number, Eauction no., lot no. and transaction details (UTR No., Transaction Date, Amount, Bank Name, Account title, IFSC Code and Account Number) should be sent to Mayur Dimri, email: [email protected]. Only the registered customers who will be submitting their PreBid amount within the aforesaid period will be eligible to participate against the above mentioned lot. The same will be liable for forfeiture for any failure of the successful bidder to fulfill any of the terms and conditions of the EAuction. Security Deposit will not earn any interest. If the H1 bidder does not deposit the balance cost of material within the stipulated period, in that case their PreBid EMD shall be liable for forfeiture. Installment payment will not be accepted. Security Deposit will be adjusted on receipt of Balance Material Value. PRE BID EMD of the unsuccessful bidders refund after the closing of eauction. No interest is payable on this preBid EMD. The PreBid EMD of the successful bidder will be adjusted against the BALANCE MATERIAL VALUE. The prebid EMD will be liable for forfeiture for any failure of the successful bidder to fulfill any of the terms and conditions of the EAuction. The deposit amount will ultimately be adjusted against the balance material value/final installment payment.
THE MATERIAL LIST & STC DISPLAYED UNDER "VIEW FORTHCOMING AUCTIONS"; ON MSTC'S EAUCTION WEBSITE ARE TENTATIVE AND SUBJECT TO CHANGE AT THE SOLE DISCRETION OF MSTC/PRINCIPAL BEFORE THE START OF EAUCTION. BIDDERS SHOULD, THEREFORE, DOWNLOAD THE MATERIAL LIST AND STC DISPLAYED ONLY UNDER "VIEW LIVE AUCTIONS" FOR THEIR RECORD PURPOSE, IF REQUIRED, AND BID ACCORDINGLY. FOR BUYERS GUIDELINES VISIT www.mstcecommerce.com AND CLICK Help.
Subject to the reserve price, if any, fixed for the materials as per the list by the owner M/s. DAMODAR VALLEY CORPORATION, having its Registered Office at DVC TOWERS, VIP Road, Kolkata700054, (hereinafter referred to as DVC) or persons duly authorized in this regard (hereinafter called as Authorities) and on the terms and conditions hereunder sale shall be made on "Ground Clearing" & ~As is where is and no complaints basis~.
M/s MSTC Limited is the Selling Agent of DVC and hereinafter referred to as MSTC.
As per the provision of Hazardous Waste (Management, Handling & Transboundary Movement) Rules 2008 and its subsequent amendments, Used/Waste Oil as well as Battery, Lead Scrap, EWaste, etc shall only be sold to the registered recyclers &/or reprocessors under MOEF (Ministry of Environment & Forest)/CPCB (Central Pollution Control Board). Hence all these registered recyclers &/or reprocessors under MOEF/CPCB and who has also registered and /or will be registering as 'Buyer' at www.mstcecommerce.com shall be eligible for bidding. A notarized copy of Registration Certificate of MOEF/CPCB should be provided at the time of depositing payment. NOTE: VAT rates as indicated in this eauction catalogue are only indicative. Actual VAT rates as applicable on the date of lifting shall be applicable. Bidders are required to satisfy themselves about VAT rate through their own sources/means before bidding in this eauction and any discrepancy should be intimated to MSTC / Seller at least one working day prior to the eauction. No complaint from any bidder thereafter, regarding any variation will be entertained after the eauction goes on live floor. Nonpayment of sale proceeds on the ground of any discrepancy of VAT 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. 1. SALE INTIMATION : Immediately after closing of EAuction, a system generated automatic Sale Intimation Letter (SIL) will be issued by email to the Highest Bidder advising him to deposit the prescribed Earnest Money Deposit (EMD) / Security Deposit (SD) within the stipulated time. The status of the highest bid(s) having been accepted on Confirmed or STA (Subject to Approval) basis must be personally seen by the Bidders online through the link "Auction Lot Status" immediately after closing of EAuction which will be displayed upto 7 (Seven) days from the date of Closing of EAuction (including the date of closing of EAuction) and payment of PostBid EMD/SD is required to be made accordingly. Thus nonpayment or delay in payment of post bid MD/ SD on the plea of nonreceipt of SIL will not be entertained by MSTC. MSTC also reserves the right to issue the sale intimation letter (on confirmed or STA basis) by Speed Post/Regd. Post/Courier etc. Bidders must always keep their registered email account valid and keep a watch on their incoming email for their own convenience.
2. INSPECTION: The materials offered for sale may be inspected with prior permission of the stock holder during working hours (i.e. Saturday, Sunday and other DVC holidays). All the rates are to be quoted on weight (MT) &/or as per the Unit of Measurement (UOM) basis as shall be indicated against each lot. The quantity indicated against the lots are purely indicative and without any guarantee and MSTC / OWNER shall not entertain any complaint from the buyer for any deficiency in qty. / number etc. or for recovery of the whole or part of the purchased money or any loss of profit / interest /damages and otherwise.
3. VALIDITY: 3.1 The bidders must keep their offers (including the offers accepted on the ~SUBJECT TO APPROVAL~ (STA) basis) valid for a period of 30 calendar days from the date of closing of the Eauction which may be extended for any further period of time as may be mutually agreed upon by DVC and the buyer. 3.2 THE CONTRACT SHALL BE VALID UPTO THE VALIDITY PERIOD OF THE DELIVERY ORDER / RELEASE ORDER ISSUED BY MSTC / PRINCIPAL OR UPTO THE EXTENDED PERIOD OF VALIDITY OF THE DELIVERY ORDER / RELEASE ORDER IN CASE THE DELIVERY PERIOD IS EXTENDED BY THE PRINCIPAL AT THEIR SOLE DISCRETION AS THE CASE MAY BE.
4. EARNEST MONEY DEPOSIT FOR AUCTION: 4.1. Upon acceptance of the auction bid the buyer shall have to pay Earnest Money @ 25 % of material value against accepted bids positively within 7 days of confirmation of bid by Demand Draft / Pay Order on any Nationalized / Scheduled Bank in favour of Sr. Addl. Chief Accounts Officer, DVC, payable at MAITHON 4.2. If any offer is accepted on ~SUBJECT TO APPROVAL~ (STA) basis the buyer shall have to pay Earnest money @ 10% of material value against accepted bids positively within 7 days of confirmation of bid by Demand draft / Pay order on any Nationalized / Scheduled bank in favour of Sr. Addl. Chief Accounts Officer, DVC, payable at MAITHON. 4.3. UPON ISSUE OF SALE ORDER , THE EMD WILL BE ADJUSTED AGAINST MATERIAL VALUE. 4.4. Nonsubmission of EMD within atleast 7 days from the Auction close date will lead to noncompliance of preagreed terms and conditions of the said eauction and hence deactivation upto minimum period of six months as well as deregistration of the concerned buyer resulting in forfeiture of Registration Fees. MSTC/SELLER shall have the right to dispose off such goods in any manner it likes and the concerned buyer will have no right/claim against their offer. However the Principal reserve the right to accept the full sale value with applicable levies in terms of clause no. 6 of the Special Terms & Conditions.
4.5 In case of lot/s where PRE BID EMD is applicable, nonsubmission of POSTBID EMD within the stipulated time will lead to automatically forfeiture of the PREBID EMD. In such case the buyer's login will be considered for activation by MSTC after receipt of written request from the bidder. 5. CAVEAT EMPTOR: 5.1. The quantity, quality, measurement and condition of the materials indicated are all approximate. Participation and bidding by any one in this sale shall be treated as conclusive evidence of the fact that the party has inspected the materials offered for sale and satisfied himself in all respect regarding quantity, quality, measurement, weight and condition of materials, taxes and duties, local working condition and other extraneous factors and principle of Caveat Emptor (let the buyer beware) will apply. 5.2. It shall be implied and taken for granted that the party has carefully gone through and understood the terms and conditions of E Auction including the amendments if any, prevailing at the time of bid. No complaints or objections shall be entertained by DVC / MSTC and/or the Authorities after the bid is opened / accepted. 5.3. DVC / MSTC do not give any warrantee or guarantee for the quality, chemical composition of the lot or about the end use or fitness for a particular purpose. The break ups of the quantities given in the material list are only indicative and without any guarantee. No. complaint whatsoever about any shortage shall therefore be entertained.
6. PAYMENT OF BALANCE AMOUNT: 6.1. Full / balance payment along with VAT, excise duty and other applicable charges will be required to be made within Twentyone (21) days from auction closing date for SOLD (confirmed lot). For STA lots, payment will be required to be made within 15 (fifteen) days from the date of online acceptance of bids by DVC. PAYMENT DETAILS FOR EXISTING QUANTITY ARE AS BELOW: a) As shall be stated in Acceptance Letter a proportionate amount of the material value should be paid through DD/PO in favour of Sr. Addl. Chief Accounts Officer, DVC, payable at MAITHON or as per the Acceptance Letters/Sale Orders. b) Similarly as per the concerned Acceptance Letter balance amount of material Value should be paid through DD/PO in favour of MSTC LIMITED payable Kolkata. c) Applicable VAT, TCS and/or any other levies should be paid through DD/PO in favour of Sr. Addl. Chief Accounts Officer, DVC, payable at MAITHON or as per the Acceptance Letters/Sale Orders. 6.2. The Demand Draft/Pay Order must be deposited at any office of M/s. MSTC Ltd., for issue of Delivery Order. Demand Draft / Pay Order issued by any Co operative Bank will not be accepted. 6.3. In case, the last day of payment happens to be Closed Holiday for MSTC or the Banking Institutions, the next working day will be taken as the day of payment without late payment charge. 6.4. In case of default in making payment within the time limits specified herein above, the due payments may be made together with additional charge at one percent per week or part thereof on the material value, within a period of 14 Calendar days from the date of the expiry of the freepayment time. 6.5. On failing to comply with aforestated payment terms, the successful buyer's EMD/SD shall automatically stand forfeited without any further reference to the buyer and the concerned LOT shall be put for reauction. However considering exigency, the Principal reserves the rights to accept or not to accept sale value with additional charges after expiry of 14 days as mentioned above. BANK A/C DETAILS OF DVC. (FOR RTGS/EPAYMENT): Sl. no. Bank Name Branch Name A/C Name A/C No. RTGS No. 1 State Bank of India Kumardhubi Sr. Addl. Chief Accounts officer, DVC, Maithon. 11392166116 2 UCO Maithon Sr. Addl. Chief Accounts officer, DVC, Maithon. 02260200000001 UCBA0000226 3 BOI Maithon Sr. Addl. Chief Accounts officer, DVC, Maithon. 477721110000001 BKID0004777 4 UBI Maithon Sr. Addl. Chief Accounts officer, DVC, Maithon. 1494050010002
7.0. TAXES & OTHER LEVIES: 7.1. Sales Tax (VAT) & other duties if any over the price quoted/auctioned along with the full balance payment for issue of Sale Order. Such Taxes are assessed by the Sales Tax Authorities and hence the rate applicable at the time of lifting of material shall be binding on the bidders for making payments. Any dispute in this regard shall be taken up directly by the bidders with the Statutory Authorities.Excise Duty to be paid by the successful buyer as mentioned in the lot description NOTE: Form i) 'C' will be accepted by DVC in case of interstate sale. The rate of VAT/CST, as the case may be, shall be as per the prevailing rate, as applicable, at the time of issue of Release Order. ii) VAT rates as indicated in this eauction catalogue are only indicative. Actual VAT rates as applicable on the date of lifting shall be applicable. Bidders are required to satisfy themselves about VAT 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 eauction. No complaint from any bidder thereafter, regarding any variation will be entertained after the eauction goes on live floor. Nonpayment of sale proceeds on the ground of any discrepancy of VAT 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. 7.2. INCOME TAX: Income Tax @ 1.00% on purchase price will be charged. Purchase price means base price + sales tax. Exemption will be given to manufacturers and processors on production of exemption certificate from the concerned assessing officer of the income tax department. Exemption is not available to retailers / traders.
8.0. DELIVERY SCHEDULE: 8.1. The buyer shall lift the materials within 45 Calendar days from the date of issuance of the Delivery Order (issued by MSTC) and / or 30 Calendar days from the date of issuance of Sale Release Order (issued by DVC) whichever is earlier. 8.2. Ground Rent: @ 1 % per week or part there of beyond free delivery period will be levied and up to 2 weeks maximum, provided written request is received before the expiry of free lifting period, if no such request for extension is received, the sale order / delivery order shall stand cancelled & EMD payment will be forfeited automatically without further reference to the buyer.
9.0.FORFEITURE OF SECURITY DEPOSIT/SALE VALUE: In case of Goods sold on Lot Basis, the Ground Rent will be calculated 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 PRINCIPAL 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 SD/amount equivalent to SD of the lot will be automatically forfeited. The buyer shall have no right to claim whatsoever on the materials remaining unlifted. In case of nonsubmission of balance material value, the security deposit/EMD shall be forfeited without further notice.
10.0. DELIVERY OF THE MATERIALS: 10.1 In case the last day of delivery happens to be a Closed Holiday for DVC, the next working day will be taken as the date of lifting without any Ground Rent. Buyers must produce the delivery order issued by MSTC to DVC at the time of taking delivery of the materials. 10.2. Purchasers are advised in their own interest to make appointment with the owner before placement of vehicles for taking delivery of the materials purchased by them within the scheduled date of delivery. The purchaser at his own cost will make his own arrangement for removal, dismantling, loading, transporting and he will not be entitled to claim any facility or assistance or cost on this account from DVC / MSTC. 10.3. Short Delivery of Material: In the event of nonavailability of sufficient quantity of materials observed by the intending bidder during inspection of the same, the intending buyer has to bring the same to the notice of DVC prior to bidding. No claim shall be entertained by DVC for loss of profit, damage or interest. 10.4. Segregation of material is not allowed. 10.5. Weighment of empty and loaded trucks shall be done at DVC weighbridge for each and every trip and weight in the Weighment slip for empty and loaded truck will be final for particular truck and same will be binding on the buyer.; 10.6. Once the material is lifted from the premises of DVC it shall no longer be responsible for any misuse resulting from further sale and / or unauthorized use. 10.7. DVC, as the Seller has the sole authority to accept or reject any offer without assigning any reason whatsoever.
11.0 NOTE: a) If the successful highest Bidder (Confirmed or Provisional/Subject to Approval) fails to pay the EMD/Security Deposit in time from the date of issue of Sale Intimation Letter by email, then he shall be DEBARRED for a minimum period of 6 (six) months from participating in all eAuctions and disposal sales by MSTC and their Registration Fee shall be forfeited. While considering his reactivation all facts including the number of Principals/eauction/lots for which he had failed which are germane should be taken into account. b) MSTC may take any action as may be deemed fit by the PRINCIPAL towards disposal of the unsold lots.
12.0 ARBITRATION /JURISDICTION: 12.1 The contract shall in all respect be construed and operated as an Indian Contract and in accordance with the Indian Laws in force and subject to exclusive jurisdiction of Kolkata High Court. This will be applicable as per the relevant Clauses stipulated in the Buyer Specific Terms And Conditions already accepted by the Bidders at the time of Online Registration by him on the MSTC eAuction website.
C. "ALL CONTRACTS/TRANSACTIONS ENTERED INTO BY THE BUYER/BIDDER ARISING OUT OF THIS EAUCTION SHALL BE GOVERNED BY THE INTEGRITY PACT AVAILABLE ON OUR WEBSITE, www.mstcindia.co.in" .