A Miniratna Category - I PSU

Under the administrative control of

Ministry of Steel, Government of India

Auction Details

Auction Details

Auction No
MSTC/ERO/Vodafone Idea Limited/1/SECTOR V, SALT LAKE, KOLKATA/24-25/49115[480669]
Opening Date & Time
04-02-2025::12:00:00
Closing Date & Time
04-02-2025::16:00:00
Inspection From Date
17-01-2025
Inspection Closing Date
03-02-2025
Upload Document Start Date
Upload Document Close Date
EMD Type
Item Wise



Seller Details

Seller/Company Name
Vodafone Idea Limited
Location
SECTOR V, SALT LAKE, KOLKATA
Street
7TH FLOOR, DN 52, SRIJAN TECH PARK,
City
SECTOR V, SALT LAKE, KOLKATA - 700091
Country
INDIA
Telephone
9713018339
Fax
Email
ranani.ghosh@vodafoneidea.com
Contact Person
Probir Bhattacharyya



LOT NO[PCB GRP]/LOT NAMELOT DESCQUANTITYGSTLOCATIONEMD AMOUNT
Lot No: 1
PCB GRP :[Insulated Aluminium Wire Scrap]
Lot Name: Power Cable-2C-25SQMM-AL-Armored
Power Cable-2C-25SQMM-AL-Armored

Location of Material :
Amta WH VODAFONE IDEA LTD.
Mouza: Islampur, J.L. No.: 076
R.S. & L.R. Dag No.: 3400 & 3404
Islampur Gram Panchayat. PS: Jagatballavpur
Howrah - 711401, West Bengal

Contact Person : Mr Joy Mukherjee
Contact No : 9713018339
Email- joy.mukherjee@vodafoneidea.com

Pre-Bid EMD of ₹ 1,40,400/- is to be submitted through Global EMD.
22688.3 KG As Applicable / 18% Amta WH VODAFONE IDEA LTD State :West Bengal 140,400.00
Lot No: 2
Lot Name: Power Cable-16SQMM-AL
Power Cable-16SQMM-AL

Location of Material :
Amta WH VODAFONE IDEA LTD.
Mouza: Islampur, J.L. No.: 076
R.S. & L.R. Dag No.: 3400 & 3404
Islampur Gram Panchayat. PS: Jagatballavpur
Howrah - 711401, West Bengal

Contact Person : Mr Joy Mukherjee
Contact No : 9713018339
Email- joy.mukherjee@vodafoneidea.com

Pre-Bid EMD of ₹ 71,550/- is to be submitted through Global EMD.
11070.25 KG As Applicable / 18% Amta WH VODAFONE IDEA LTD State :West Bengal 71,550.00
Total No of Lots = 2
 
Special Terms & Conditions
 
 

After invoicing of material, it is the responsibility of Scrap Buyer to generate E-Way bill

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.

THOUGH A FACILITY IS PROVIDED TO BIDDERS TO SELECT A CATEGORY IN THE LIVE AUCTION FLOOR, HOWEVER, BUYERS, IN THEIR OWN INTEREST ARE ADVISED TO GO TO LIVE E AUCTION FLOOR, AFTER SELECTING "ALL CATEGORIES". MSTC WILL NOT BE RESPONSIBLE FOR ANY OVERSIGHT IN SELECTING THE CATEGORY IN LIVE E AUCTION/LOT ON THE PART OF BIDDERS/BUYERS

Pursuant to issuance of CBIC Notification No. 25/2024-Central Tax dated 09.10.2024, it may be noted that necessary compliance for the payment relating to Tax Deduction at Source under Section 51 of the CGST Act, 2017 on metal scrap, wherever applicable, is to be dealt directly by the Buyer with Seller. TDS at the rate of 2% under GST is applicable only when seller and buyer are both registered under GST as regular taxpayer. Since GST TDS is a compliance matter pertaining to the buyer & seller only, MSTC Limited as a Service Provider will not intervene in the matter. Accordingly, the payment is to be done strictly as per the Payment Schedule mentioned in the auction catalogue.

CONTACT DETAILS AT VODAFONE IDEA LIMITED:

=>

Contact MSTC Ltd, Kolkata-

=> Smt. Shruti Sharma Mahajan, DM(ERO), Mb.: 7044064654, Phone No.033-23400020/21/22 (Extn: 1611), Email: eroopn3@mstcindia.in
=> Shri. Saurabh Satyarthi, CM(ERO), Ph.033-23400000/08 (Extn: 1606), M.:9903207001, Email: ssatyarthi@mstcindia.co.in
=> Eastern Regional Office: 033-23400000/23400008
=> HELP DESK: 079690 66600, Email: helpdesk@mstcindia.co.in.

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=> PRE-BID EMD: In order to participate in bidding for lots which require pre bid EMD, the bidder is required to have sufficient balance in the EMD wallet provided to the bidder for the purpose. A bidder can add money to its EMD wallet anytime through e-payment mode only and by following the link Pay Pre Bid EMD provided in the dashboard. Bidders in their own interest are advised to keep sufficient balance in their EMD wallet to bid in any auction and avoid any last minute hiccup. MSTC/Seller shall not be responsible for any delay in crediting of the money in MSTCs bank account due to any reason resulting in delay in updating the EMD wallet of the bidder.

The intending buyers have to deposit pre-bid EMD as detailed favouring MSTC Limited by way of online transfer of payment through RTGS/NEFT, which must be routed through our website only.

The process to be followed by Bidders for payment of Pre-Bid:

Bidders after successful login will get three new links at their homepage as

a. Pay Pre Bid EMD

b. EMD Refund Request

c. EMD Ledger

Bidders are requested to click on the link Pay Pre Bid EMD and generate the pre bid EMD payment challan. This challan shall be valid for three days from the date of generation. For separate transaction separate challan is to be generated. After generation of the challan the bidders has to get the amount transferred from their bank through NEFT/RTGS.

Pre bid transferred by any other link will not be considered for bidding in the auction. Submission of Pre Bid EMD through DD/PO is not acceptable the amount deposited by the bidders will be updated on receipt of confirmation from bank. Thus the bidders are advised to deposit the pre bid EMD well in advance. Once the EMD is received and intimation is received from the bank the amount will be visible in the buyer's login through the link EMD ledger. In case the bidder wants to apply for refund they may apply for refund from their login through the link EMD refund request. Refund to bidder as per their online request will also be processed from MSTC HO on the next working day. This payment will be credited to a specific MSTC HO account only and as per successful bidding, equivalent amount will be forwarded to respective Region/Branch on the next working day. This pre-bid EMD cannot be used for any other purpose. Remittance of pre-bid EMD should be done strictly as per the process detailed above. The Pre-Bid amount will be liable for forfeiture for any failure of the successful bidder to fulfill any of the terms and conditions of the E-Auction. No interest is payable on this pre-Bid EMD. The Pre-Bid EMD of the successful bidder may be converted / adjusted against the SECURITY DEPOSIT .

Forfeiture of Pre-Bid EMD ::

(i) Auction-Wise Pre-Bid EMD Forfeiture:

=> In cases of auction wise pre-bid EMD, if the successful bidder defaults in payment of the post-auction EMD amount, the entire Pre-Bid EMD shall be forfeited regardless of the number of successful lots in the auction.

(ii) Lot-Wise Pre-Bid EMD Forfeiture:

=> If the Pre-Bid EMD is specified on a lot-wise basis, the pre-bid EMD shall be forfeited for the specific lot in which the successful bidder defaults in the payment of the post-auction EMD i.e., only the Pre-Bid EMD corresponding to that specific lot where the successful bidder defaults shall be forfeited.

=> Non submission of EMD within the stipulated time will lead to deactivation and deregistration of the concerned buyer, thereby debarring them as per MSTC policy, in case of back out buyers. In case, Pre-Bid EMD is applicable, login shall remain activated but Pre-Bid EMD will be forfeited.

=> MSTC / owner / seller shall not be responsible for any technical glitch/ interruption of internet/ network disruption / local discrepancies / power failure/ hardware issues, etc. at the bidders end.

Special Note:
In the case of FORM 27C, buyers are required to file and verify the said FORM, in electronic mode on the Income tax portal and provide the same electronically filed Form to VODAFONE IDEA LIMITED before delivery.

All the material will be lifted by buyer on "As is where is basis".

There may be a variation of +5% or -5% on the declared quantity as mentioned.

Buyer has to co-ordinate with warehouse incharge & finalize the lifting schedule.

All the payments will be made by Buyer inclusive of all taxes (GST and TCS) and submit in advance before lifting.

Arrangement of vehicle, Driver, Labour, Weighment of material either at field or at Dharam Kanta are in scope of buyer. The Weighment would be carried out at 02 Bridges (For Empty Vehicles + Loaded Vehicles) and higher weighed Scale between the two would be considered for billing purposes.

All the material will be lifted in presence of External Auditor; scrap warehouse incharge with coordinators, security persons and Third party auditors.

Meters will be sold out after hammering up to crushed only. Hammering/crushing are in scope of buyer. However no Cutting or use of Gas Burners would be allowed inside WH premises due to safety reasons.

Any variation to specified quantity in terms of Deficiency / Excess during lifting of scrap to be treated as per MSTC guidelines.

Road permit or any other as octroi, freight, packing forwarding, chungi, naka etc. are in scope of Buyer.

PLEASE NOTE:

THE AUCTION CATALOGUE ON THE LIVE E AUCTION FLOOR SHOULD BE TREATED AS FINAL AND BINDING.

PAYMENT CLAUSE: In case the date of submission of payment happens to fall on a Public / Bank Holiday, the next day shall be considered as the date of submission of payment.

BUYERS HAVE TO INSPECT THE MATERIAL THOROUGHLY AND SATISFY THEMSELVES ABOUT THE NATURE , HAZARDOUS/EXPLOSIVE PROPERTIES, IF ANY, BEFORE SUBMITTING THE BID. IN CASE THEY COME ACROSS ANY MATERIAL BEYOND THE SCOPE OF THE DESCRIPTION OF MATERIAL, IT SHOULD BE INFORMED TO SELLER/MSTC. MSTC WILL NOT BE RESPONSIBLE FOR ANY COMPLAINT IN THIS REGARD.

SPECIAL TERMS AND CONDITIONS:

MSTC Ltd. shall hereinafter be referred to as MSTC and Vodafone Idea Limited as owners.

All the offer shall be valid for a period of 30 days from the date of closing of e-auction.

The materials offered for sale must be inspected prior to due date of e-auction. For inspection & other related matters, bidders may contact warehouse incharge notified in catalogue. The list is only illustrative/indicative. Prospective bidders are advised to inspect the material thoroughly with the list. In case of any discrepancy, the matter must be informed to the concerned officials of the Seller/MSTC prior to the commencement of the e auction, failing which no complaint in this regard will be entertained.

The bidders shall submit Earnest Money Deposit online in a/c of VODAFONE IDEA LIMITED as per details below and as per sale intimation letter within 7 days of e auction for SOLD lots. The EMD must be @10% of the net sale Value quoted (excluding taxes & duties). Upon issue of the sale order the EMD shall automatically be converted into Security Deposit. The Security Deposit as specified in Sale Order shall be adjusted only at the time of final payment. For STA lots , EMD is to be paid from the date of acceptance of the item/s (acceptance will be notified by system generated mail once decision is given by the seller). Bidders will be deactivated automatically if they do not pay Security Deposit within the specified time starting from the date of acceptance.

The Contract shall be treated as having been entered into as soon as the bid is confirmed in favour of the successful bidders. The period of contract shall be of 30 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.

All the materials are offered for sale on AS IS WHERE IS basis Ex works Owners, 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 are purely indicative.

6.1 The quantity in actual may turn out to be more or less than the estimated quantity. In the event of quantity turning out to be more than the estimated quantity the buyer has to lift the allotted quantity (+/-5%). 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.

Rate must be quoted exclusive of taxes as applicable will be charged. Any variation in GST will be borne by the buyers.

Bidders shall submit his/their income tax clearance certificate (latest) partnership deed of org. as and when demanded by MSTC/Owners.

The Bidders/customers workmen shall have to abide by the rules regulation including safety & security regulation of the relevant statutory Acts. Entry inside the works should only be against Gate pass for the men and equipment for which purchaser will have to apply well in advance before lifting commences.

The Buyer will employ his own labour and means; at his own cost and risk for removal/collection/shifting of scrap as per schedules and payment of wages/compensation to the labourers will be the sole responsibility of the buyer. The purchaser shall ensure that his workmen do not loiter around within the warehouse area. They shall not touch any material except those material shown to them. If any of his workmen is even found violating these restriction, the purchaser shall be responsible for making good the loss to the owners on which their decision shall be final and binding.

PAYMENT PERIOD : The cost of each lot of materials along with all taxes and duties must be paid by the buyer in EQUAL installment as per per table given below:

Net sale value (excluding of taxes/ duties) for each lot No. of Installments Payment period counted from date of letter of acceptance (including date of issue)
Up to & including Rs. 50 lacs. 1 7 days
ABOVE Rs. 50 lacs 2 7 days for first instalment; 14 days for second instalment

Note: EMD/SD will be adjusted in the last installment.

NET SALE VALUE (EXCL. TAXES/ DUTIES) WILL HAVE TO BE SUBMITTED BY THE HIGHEST BIDDER (as above) FROM THE THE DATE OF ACCEPTANCE LETTER/SALE ORDER OR LAST DATE OF EMD SUBMISSION WHICHEVER IS EARLIER. The details of payment to be made is to be seen from the sale order where the entire break up of payment will be available

PAYMENT TO MSTC:

1. Net banking Option: The amount will be credited in T+1 EOD basis, so the buyer should remit the fund through Net banking 24 hours before the last day mentioned in the Auction Catalogue. Fund transfer through Net banking is NEFT transaction and the same will be credited in MSTC account the next very 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 Pre-bid 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.

Click Here For procedure of e-payment by RTGS/NEFT

After forwarding the payment through RTGS/NEFT, the customer is required to provide the UTR no. immediately to VODAFONE IDEA LIMITED & MSTC through e-mail,

Please Note: Payment towards balance sale value should only be deposited by RTGS/NEFT mode in account of MSTC as mentioned above , and in no case payment through Demand Draft shall be accepted. Payment towards GST/IT should also be deposited through RTGS only.

11.1 LATE PAYMENT PENALTY : If the payment is not made within the free payment date mentioned in the Acceptance Letter, the payment may be accepted on the discretion of MSTC/Vodafone Idea Limited upto a period of two weeks from the last date of payment on payment of additional late payment penalty @ 1% per week on the sale value and thereafter on the sole discretion of VODAFONE IDEA LIMITED.

Note: (i) If payment against basic cost only is deposited and amount against GST and Late Payment Fee, if any, etc. is not deposited by purchaser then VODAFONE IDEA LIMITED at its own discretion shall relevant site delivery order for reduced quantities after adjusting the GST/ Late payment charges etc.

11.2 DELIVERY PERIOD: The successful bidders shall lift all allotted material lying in the lot allotted to them by employing their own labour and transport at their own cost within 30 Days from the date of Delivery Order (including date of issue) by MSTC LIMITED.

11.3 Ground Rent @ 1 % per week or part there of beyond free lifting 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 stands cancelled & security deposit forfeited on completion of free lifting period.

11.4 VODAFONE IDEA LIMITED reserves the right to withdraw in part or full or to close the contract any time during the currency of contract without assigning any reason thereof. This will not entitle the buyer to demand compensation or right for delivery of full qty. by way of extension of contract.

12.0 For lifting of waste oil, batteries, non-ferrous waste such as lead, copper, zinc waste, e-waste etc, following certificate should made available with the buyer at the time delivery :

i) Valid letter from the pollution control under air & water act.

ii) Valid authorization from the appropriate authorities as per law for handing of hazardous wastes under the hazardous wastes (Management & handling) rules 1989.

12.1 MSTC/VODAFONE IDEA LIMITED reserves the right to call all the eligible bidder(s) for revised bid along with requisite EMD for any lot.

13.0 The Sale will be governed by the Material List & Special Terms & Conditions (STC) displayed on the Live eAuction 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 eAuction Registration with MSTC. The Material List & STC displayed under View Forthcoming Auctions on MSTC's eAuction Website are tentative and subject to change at MSTC's sole discretion 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. The BSTC and GTC can be seen and downloaded by going to the Home Page of the eAuction Website and clicking on NEW USER. Participation in the eAuction 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.

14. 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. 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.

480669