Bottle Grade Plastic Chips - 18576 Kg at Kheda Gujrat


Specification

Item Id 800
Category Bottle Grade Plastic Chips - 18576 Kg at Kheda Gujrat
Manufacture name M/s. chiripal PolyFilms
Model name Bottle Grade Plastic Chips (C0731)
Model number 2022
Production date 10-May-2022
Location Kanij, Nadiad, Gujarat
Market Maker meenakshi@salvagemanagers.com
Sound Invoice Value Rs. 121.00 / Kg
Quantity 18576 Kg
Sound Invoice Lot Value Rs. 22,47,696.00
Reserve Price Rs. 40.00 / Kg
Reserve Price Lot Value Rs. 7,43,040.00
Remaining Time
Ongoing Lot Bid Rs. 0.00
Current Bid Rs. 0.00 / Kg
Incremental Bid / Kg
Next Minimum Bid / Kg
Expired

Details

Bottle Grade Plastic Chips  (C0731) -18,576 Kg.

 

1.   
The materials offered are damaged goods under insurance claim
hence being offered for sale on “As is Where is”, “Whatever there is” and “No
complaint” basis. No complaints whatsoever will be entertained after the bid is
made. The bidder is deemed to have inspected, examined reasonably and
satisfied himself as to all matters regarding condition, type, quality, and
quantity. Rule of “Caveat Emptor” applies strictly.

 2.    Basis
of sale: The sale of offered goods is Per Kg. basis exclusive of applicable
GST/ taxes.

3.Deposits and Lifting: After depositing 100% advance
payment within 3-5 working days
H1 shall be allowed to start lifting and
clear the lot awarded to them. The seller has indicated that the site can be
cleared within a period of
5 to 7 working days from the date of receipt
of delivery order by H1. Any delay in doing the same, H1 shall be liable to pay

ground rent
for the salvage quantity uplifted and yet remaining at site.
The rates charged would be Rs. 1000 per MT per day

4.   Participation
/ Facilitation Fee = Rs. 500 + GST

5.  Information
on Taxes applicable: GST@18% & Tcs @ 0.1 % extra on bid value

6. EMD of the H2 bidder shall be normally retain for 10
days from the date of approval of E-Auction. However please refer point
no. 8.4.1 IN PARTICIPATION FORM

7.If the H1 bidder fails to deposit minimum 50% payment
(apart   from 10% EMD) of the final bid
value, within 3 days after he is declared H1 bidder, his EMD will be
forfeited

and H2 bidder will be upgraded to status of H1 and has to honour the deal at
the H2 bid value with privileges and penalties of H1 bidder

Duties of H1 Bidder:

1.    Pay/complete
10% EMD of Lot value within 24 hours of communication received of winning bid.
(1 Day)

2.    Pay Minimum 50% of
complete lot value within 3 days of approval to upgrade status from H1 bidder
to H1 buyer. (3 Days).

3.    Pay another 50% of
complete lot in next 2 days to start lifting of the goods. (2 days).

4.    Plan & discuss
the lifting, invoicing, de-branding, taxes etc. in above 6 days with the
seller.

5.    Complete the
process in next 7 days.













Note: All days are
working days, holidays extra.

Kindly refer the auction participation form for detailed auction terms



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Documents
Contact Salvage Manager about this items/lot.
Phone :Meenakshi Gupta -9625137014
Email :meenakshi@salvagemanagers.com

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