Click here for OFA Terms and 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, www.mstcindia.co.in.
The bid value quoted shall be the basic price in Rs per WMT for the
material/product.
Royalty, DMF (District Mineral Foundation), NMETF (National
Mineral Exploration Trust Fund),
Sales Tax /VAT, forest development tax, forest permit fee, labour
welfare cess, Infrastructure & Environment Development cess or any other
statutory duties, levies, taxes, cess etc. applicable at the time of
supplies or that may be introduced in future will be extra and are
payable by the successful bidders.
2. Last date of submission of PRE-BID EMD and on line forward
auction (OFA) documents: up to 12.00 Noon on or before
15/05/2017
Auction Date: 15/05/2017
Start Time:
As Indicated above (02.00 PM).
3. Customers intending to participate in the Online Forward Auction
(OFA) would be required to submit the following documents to
M/s MSTC Limited. The last date and
time of submission of PRE-BID EMD and OFA documents as mentioned in
Clause 2 above.
i)
As per the IBM Circular No T-45014/CGBM/91-98 Dated 23.02.2011, any
person or company engaged in trading or storage or end user or export of
minerals mined in the country is required to be registered with the
Indian Bureau of Mines in Form M. Hence copy of registration number
issued by IBM needs to be submitted.
ii)
PRE-BID EMD: The Bidders who wish to bid in this e-auction
should submit Pre-Bid EMD for each e- auction LOT (as per auction
catalogue) through e-Payment Gateway only, accepted till 12.00 hrs (IST)
on the date of e-auction.
The Bidder(s)
who
intend
to participate
in
e-auction
should
remit
through
MSTC‟s
e-
Payment Gateway by logging
with
their user id & password on
www.mstcecommerce.com
as detailed
below:-
SELECT
E-PAYMENT FROM
THE LIST APPEARING ON LOGGIN -> CHOOSE PAYMENT TYPE OPTION
AS PRE-BID EMD FROM
THE DROP DOWN MENU
-> CHOOSE
SELECT REGION AS
HYD -> CHOOSE CORRECT
E-AUCTION NUMBER FROM
THE DROP DOWN MENU -> CHOOSE LOT
NUMBERS
FOR
WHICH
BIDDER
INTENDS
TO PARTICIPATE
AND
SELECT
ANY ONE
OPTIONS FROM
NETBANKING
OR RTGS/NEFT
.
THE BIDDER(S) MUST COMPULSORILY INTIMATE THE DETAILS OF PAYMENT MADE
THROUGH E-MAIL TO J.AKHTAR, SR. MANAGER (MSTC) AT
jakhtar@mstcindia.co.in,
GIVING THE FOLLOWING DETAILS :
(1) MSTC
E-AUCTION NUMBER (2) NAME OF BUYER (3) BUYER REGISTRATION NUMBER (4) UTR/TRANSACTION
REF NO (5)DATE OF TRANSFER (6) NAME OF BANK (7) NAME OF BRANCH (8) CITY
(9) LOT NO.
# Bidders who remitted Pre-Bid Deposit using
e- Payment Gatway by way of RTGS/NEFT should communicate MSTC Limited,
Hyderabad in writing through Mail/Fax along with UTR Form duly attached,
failing which they will not be allowed to participate in the e-auction.
In any case, the pre-bid deposits remitted either RTGS/NEFT transfers
after the due date/time (Amount has to be reflected in MSTC a/c
statement) as above will not be accepted and Bidders will not be
activated for participating in e-auctions. It is to be noted that No
payment by any third party on behalf of the successful bidder/bidders
shall be accepted. No interest shall be payable on the Pre-bid Deposit.
#
In case the successful bidder fails to come forward and purchase the
material as per the terms mentioned in this e-auction, the Pre-Bid EMD
amount of such bidder will be forfeited and the said amount shall be
transferred to NMDC.
# The Pre-Bid EMD does not carry
any interest.
# The Pre-Bid EMD of un-successful bidders will be refunded as it is after
the e-auction within 7 (Seven) days by MSTC.
This E-Auction sale is
governed by the
GENERAL TERMS & CONDITIONS (GTC),
BUYER SPECIFIC TERMS & CONDITIONS (BSTC)
AND
THE TERMS OF
ONWARD FORWARD AUCTION NOTICE (OFA)
of the e-auction. In case
of any conflict or difference among any provisions of GTC, BSTC & OFA,
the provisions of OFA will supersede others in the particular e-auction.
The ONWARD FORWARD
AUCTION NOTICE appearing on the day of e-auction under VIEW LIVE
E-AUCTION are final and which may be downloaded.
E-Auction opening time, closing time, inspection schedule and other
dates & times mentioned in the e-auction catalogue may be treated as (IST)
Indian Standard Time only.