All bidders have to upload the Documents as mentioned in point 4 below from the Upload Document link within 25-03-2025 to 21-04-2025.

After uploading of all documents, the documents will be evaluated by GSRTC. After evaluation, GSRTC will allow bidders for participation in auction to fill the price. Decision of GSRTC will be final and binding on the bidders.

If bidder does not upload documents within this time, then his bid will not be considered and he will not be allowed to participate in the auction to fill the price.

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

MSTC Vadodara Office Number: 0265-2960354/79/85

Click Here for Terms and conditions of GSRTC

1. No negotiation will be allowed after the auction. If the offer of monthly license fee received is low, only the H-1 bidder can negotiate before the corporation committee.
2. All Payment other than security deposit and pre-bid EMD to be made in GSRTC directly
    
3. Tender Fee in Rs.(with GST) :- 2,000+18% GST Per ATM
   EMD :- 20,000 /- Per ATM
    
4. Tender Fee must be submitted in advance as per table above in following bank account of GSRTC:
   Bank Name : STATE BANK OF INDIA
   Account No : 30169841063
   IFS Code :SBIN0000301
   GST No. : GST-24AAACG5587H1ZI

After payment, the details should be emailed to comgsrtc97@gmail.com. Proof of payment should also be uploaded along with other documents.

Tender fee is non-refundable, the payment received by the Corporation after the fixed time limit of tender fee will not be returned for any reason

The payment of tender fee will not be refunded by the Corporation even in case of failure of bank transaction or non-receipt on time due to other reasons.
 

• Mandatory self-attested documents / certificates for enclosure along with tender form: -

Payment Terms:

1. PRE-BID EMD : 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 MSTC 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 PNB 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. LPC applicable due to wrong payment mode shall be responsibility of the Buyer

2. NOTE FOR Security Deposit Payment after auction:Bidder must submit security deposit within 7 days from e-auction/Acceptance of Lot.The system of acceptance of e-Payment made by buyer to MSTC Vadodara shall henceforth be completely system based and automatic. As such buyers are requested to generate separate e-Payment challans for each transaction using the "e-Payment" link provided in their buyer login and select payment type as EMD and region as Vadodara and select auction number and lot number and make payment by NEFT/RTGS or online banking using particular challan details. In case of any mismatch in payment transaction and challan generated the buyer's payment may not be accepted/authorized by the system. Any delay/penalty imposed due to non-acceptance of e-Payment made by the buyer using old/used/wrong challan, shall solely be the liability of the buyer and MSTC/Seller shall not be responsible for the same. Please refer e-Payment Guide for proper procedure of making payment.
e-Payment & RTGS/NEFT Payment Link available in Buyer's Login: The parties opting for this mode may please note that the transactions made through this mode will be reflected in MSTC's account in T+1 days (Transaction + 1). Hence, they should make the payment well in advance so that it gets reflected in MSTC's account on or before due date.

The buyers have to make payment by RTGS/NEFT from their own account only. No third party payment shall be accepted.

CONTACT PERSON OF SELLER / STOCK-HOLDER

L. P. Dabhi, INDIA (comgsrtc97@gmail.com) who are the Owner / Seller / Stockholder of Goods, hereinafter referred to as PRINCIPAL.

MSTC Ltd. (the Selling Agent of the PRINCIPAL) will be hereinafter referred to as MSTC. (Contact Person of MSTC: Ms. Marut Saha, Ph. 0265-2960379,2960385,2960354).

ADDITIONAL TERMS & CONDITION

[A] After entering any Bid (in figures) on the Auction Floor, the Bidder must check/re-check, the same (including the number of zeroes) before clicking the ~BID~ button. Once the ~BID~ button is clicked the Bid will be accepted by the system and no correction can be made.

[B] The Auction List and Special Terms & Conditions (STC) being displayed in the Auction Notification under View Forthcoming Auctions on MSTC s e-Auction Website or being displayed in MSTCs Corporate Website (www.mstcindia.co.in) are tentative and subject to last moment changes at MSTC s sole discretion till the start of e-Auction. Only the Auction List and Special Terms & Conditions displayed on the Auction Floor under View Live Auctions (and not under View Forthcoming Auctions) on start of e-Auction will be final and will form the basis for all sale contracts against this e-Auction and no representation / complaint in this regard will be entertained by MSTC / Principal from the Bidders. Bidders should therefore download the Material List and Special Terms & Conditions displayed only from the Auction Floor under View Live Auctions for their record purpose if required.

[C] In addition to the Special Terms & Conditions (STC), the Buyer Specific Terms & Conditions (BSTC) will also form an integral part of the Terms & Conditions of Sale through e-Auction. However, in case of any conflict between the two, the Special Terms & Conditions shall prevail.

SPECIAL TERMS & CONDITION

1. MSTC Ltd. shall hereinafter be referred to as MSTC and the principal (owner of the stock) as mentioned above in the catalogue as owners.

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

3. The shops/ places/ offered for sale must be inspected as mentioned in the catalogue. For inspection & other related matters, bidders may contact the abovementioned representative on the abovementioned contact numbers.

4. The bidders shall submit Security Deposit equivalent to 9 months rent through NEFT/RTGS within 7 days of e-Auction/acceptance of STA bid by Seller for SOLD lot. Incase of non fulfilment of the contractual obligation, the security deposit will be liable to be forfeited by Seller/MSTC.

5. 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 is purely indicative. Any conditional offer will not be accepted.

6. Rate must be quoted exclusive of GST as applicable will be charged. "GST rates as indicated in this e-auction catalogue are only indicative. Actual GST rates as applicable on the date of lifting shall be applicable. Bidders are required to satisfy themselves about GST 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 e-auction. No complaint from any bidder thereafter, regarding any variation will be entertained after the e-auction goes on live floor. Nonpayment of sale proceeds on the ground of any discrepancy of GST 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. The Bidders/customers workmen shall have to abide by the rules & regulation including safety & security regulation of the relevant statutory Acts.

8. In case of failure of party to execute / to comply with the order, as per the terms and conditions of the order, the security deposit submitted by the defaulter party will be forfeited. The same shop/plot at the sole discretion of the Principal may be re-auctioned at the risk and cost of defaulter party and losses / damages, if any, that may incur on this account, may be recovered from the defaulter party.

9. The Principal / MSTC reserves the right to withdraw / post pone the eAuction or 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.

10. JURISDICTION: All questions, disputes or differences arising under, out of or in connection with this e auction/contract concluded shall be subjected to the exclusive jurisdiction of the Vadodara Court only.

11. In case of discrepancy between auction terms and attached GSRTC tender terms, auction terms shall prevail