Event Details
Event No. Opening Date & Closing Date & Inspection From Inspection EMD Type
Time Time Date Closing Date
MSTC/PTN/com 2024-07- 2024-07- 2024-07-02 2024-07-11 Item Wise EMD
mandant 205 12::12:00:00 12::17:00:00
cobra/4/at
barwadih gaya
bihar/24-25/14843
Event Type :
General e-Auction
| RCM YES
Seller Details
Seller Location Street City Country Telephone FAX Email Contact
/Company Person
Name
commandan at barwadih at barwadih gaya INDIA 947319164 063122030 QM205CoB [Link]
t 205 cobra gaya bihar ps 6 8 RA@gmail. Panwar
barachatti com
LOT NO[PCB GRP]/LOT NAME LOT Description Quantity & GST Location
UOM
Catalogue downloaded from [Link] at : 23.56.10 hrs on 10-07-2024
EMD Amount LOT No. 01 One lot of Vehicles 1.0 LOT As Applicable
PCB GRP :
[RVSF] CLICK HERE
LOT [Link] FOR ITEMS
lot of Vehicles DETAILSLocati
on- 159th BN
CRPF GAYA
OPPOSITE JAIL
COMPLEX
BUYER MUST
INSPECTION
BEFORE BID
RC CANCELLED
Note :- E-auction
is conducted for
ELV. ( End Of
Vehicles ) Only
RVSF units Will
participate in the
auction.
Pre-Bid:- Rs.
10000/-
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.
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, [Link]
Bidders should physically inspect the material at site to confirm the quantity/quality of the material
Catalogue downloaded from [Link] at : 23.56.10 hrs on 10-07-2024
CONTACT DETAILS:commandant 205 cobra barwadih gaya bihar
E-mail :QM205CoBRA@[Link] Shri Rakesh Ji No.9622243265
For inspection & other related matters, bidders may contact: AS PER ATTACHED ANNEXURE IN LOT DESCRIPTION.
For MSTC: Shri Prashant Malviya /pmalviya@[Link] PHONE No.0612-2506169
For issues related to system setting please contact MSTC held desk at email: helpdesk@[Link] or call at: 07969066600
Important Link for Payment:
For payment of Pre Bid EMD:
For payment of sale value and transaction fee:
ACCOUNT DETAILS:
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 CENTRAL
RESERVE POLICE FORCE / 205 COBRA BT BARACHATTI GAYA, who will act as Principal/Owners.
2. All the offer shall be valid for a period of 30 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 [Link]
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
Catalogue downloaded from [Link] at : 23.56.10 hrs on 10-07-2024
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 e-Auction 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 e-Auction Registration with MSTC. The Material List & STC displayed under View Forthcoming
Auctions on MSTC's e-Auction Website are tentative and subject to change at MSTC's sole discretion before the start of e-Auction.
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 e-Auction Website and clicking on NEW
USER. Participation in the e-Auction 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.
Catalogue downloaded from [Link] at : 23.56.10 hrs on 10-07-2024
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 e-auction. 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 buyer s 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 buyer s login to the
bank account of buyer registered in MSTC portal.
C) POST BID FORMALITIES
13. E-auction 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 e-Auction which will be displayed up to 7
(Seven) days from the date of Closing of e-Auction (excluding the date of closing of e-Auction) and payment of Post-Bid EMD/SD must
be made accordingly. Although immediately after closing of e-Auction, a system generated automatic Sale Intimation Letter will be
Catalogue downloaded from [Link] at : 23.56.10 hrs on 10-07-2024
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:
a. Post Bid Earnest Money Deposit (EMD): The successful bidder shall have to deposit EMD @ 25% of the Material Value + Transaction
fee on Material Value + taxes on 100 % of Material Value after adjusting pre bid EMD within 4 days of acceptance of BID.
Buyer has to select EMD + Transaction fee under payment type while generating challan for the payment.
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 and 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 @3% Plus GST on material value over and above the material value and
other payments.
Transaction fee shall be payable for auctions conducted on or after 01.04.2023.
For detail process for submitting sale value and transaction fee refer to Important Link for Payment Mentioned earlier in the auction
catalogue.
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
Catalogue downloaded from [Link] at : 23.56.10 hrs on 10-07-2024
Applicable or 0 then 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. 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.
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 15 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 e-
auction 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
Catalogue downloaded from [Link] at : 23.56.10 hrs on 10-07-2024
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 e-Auction
Website are only indicative and based on the rates prevailing before the commencement of the e-Auction.
25. 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.
26. 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.
27. 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.
Catalogue downloaded from [Link] at : 23.56.10 hrs on 10-07-2024
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 E-AUCTION SHALL BE
GOVERNED BY THE INTEGRITY PACT AVAILABLE ON OUR WEBSITE, [Link].
As per Notification No.36/2017 Central Tax
(Rate) dated 13-10-2017 and Notification
No.37/2017 Integrated Tax (Rate) dated 13-
10-2017, Principal / Seller being Govt. Unit,
so GST and Cess on Goods will be
deposited by Buyer under Reverse Charge
Mechanism.
The Goods & Service Tax (GST) is
implemented with effect from 01st July 2017
in India. Accordingly, VAT / Sales Tax will be
discontinued and these taxes will be
subsumed to GST. GST will be payable on
all goods (whether scrap or otherwise).
Catalogue downloaded from [Link] at : 23.56.10 hrs on 10-07-2024
