(Cold Rolled Grain Oriented) Cut Lamination for Reactor - 18300 Kg

Specification

Item Id	749
Category	(Cold Rolled Grain Oriented) Cut Lamination for Reactor - 18300 Kg
Manufacture name	M/S Pradeep Transcore Pvt. Ltd
Model name	Grade - 23HP85D
Model number	2021
Production date	15-Jun-2021
Location	ITI Naini, , Uttar Pradesh
Market Maker	meenakshi@salvagemanagers.com
Sound Invoice Value	Rs. 292.00 / Kg
Quantity	18300 Kg
Sound Invoice Lot Value	Rs. 53,43,600.00
Reserve Price	Rs. 50.00 / Kg
Reserve Price Lot Value	Rs. 9,15,000.00

Remaining Time

Ongoing Lot Bid	Rs. 0.00
Current Bid	Rs. 0.00 / Kg
Incremental Bid	/ Kg
Next Minimum Bid	/ Kg

Expired

Details

Brief Material description- CRGO (Cold Rolled Grain Oriented) Cut Lamination for Reactor

Grade - 23HP85D

Qty. – 18,300 Kg.

Sound Invoice Rate: Rs. 292/-Kg. (W/o GST@18%)

Base Rate: Rs. 50 /-Kg. (W/o GST@18%)

Incremental Bid: Rs. 2/- Kg.

(These conditions
override or supplement general T&C of this participation form)

Disposal of the above material is being “As is Where is”,
“Whatever there is” and “No complaint” basis, held on following special
conditions specific to this E-Auction:-

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

2. Deposits
and Lifting: After depositing 100% advance payment (apart from 10% EMD) of the final bid value within 3 to 7
working days, post to 100% payment shall be allowed to clear
the lot awarded to them. The seller has indicated that the site can be cleared
within a period of 7 to 10 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 un-lifted and yet remaining at site.
The rates charged would be Rs. 1000 per MT per day.

3. Incidental
charges: All charges incidental to loading, cutting and lifting of material
will be borne by the H1 / Buyer.

4. Dynamic
Time: The eAuction shall automatically extend by 05 MINUTES in case
someone enters a bid in the last one minute of the remaining time in closure of
auction. This shall continue indefinitely until no one bids in the last one
minute of the time remaining. Bids in dynamic time can be placed by 50% of
incremental bid value.

5. Participation
/ Facilitation Fee = Rs. 200/- + 18% GST

6. Information
on invoicing: GST Certificate (3 Pages), Pan Card & Cancelled
Cheque(Current Account)

7. Information
on Taxes applicable: GST@18%

1.
Earnest Money Deposit ( EMD) Information:

1.1.
EMD is
always 10% of the final bid amount. To facilitate participation of more buyers,
we (E-Auctioneer and MOA) may allow participation at a lower amount than
mandatory 10%. However H1 is required to complete EMD amount before lifting of
material.

1.2.
Interested buyers must pre-qualify themselves for participation in
the above auction, by paying a pre-bid amount / EMD of Rs. 1,50,000/-(One
Lakh Fifty Thousand) by mode of RTGS to the following account along with
this E-Auction form duly filled & signed.

Adwiti Technocrats Pvt. Ltd

Account no. 916020025588082,

IFSC Code: UTIB0004770

Axis Bank Limited. Sector- 27, Noida, U.P.

1.3.
The pre-bid / EMD and eAuction form to be deposited in physical
form or electronic form (NEFT + scanned form of EMD) to the 8 business Hours
in advance prior to e-Auction.

1.4.
The EMD will not attract any interest & will be dealt with as
per the procedure mentioned below:-

1.4.1. Wherever
EMD is held by us, we are responsible for the return release. Seller or MOA has
no role of EMD forfeiting/retention for H3 & below. EMD of H1 & H2 is
at discretion and instructions of the seller and MOA.

1.4.2. In case
of unsuccessful bidders, (H3 & Lower) EMD is refunded immediately after
adjusting the facilitation fee, but not later than 7-10 working days from the
completion of the E-Auction process subject to the terms and conditions
mentioned herein and at the website.

1.4.3. EMD of
the H2 bidder shall be retained for 10 days from the date of approval of E-Auction.

1.4.4. 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.

1.4.5. The EMD
of H1 will be adjusted once the complete payment is received by the seller and
also complete material is lifted by H1 bidder. Also adjustment will be
done for fee and expenses against EMD if the seller or MOA has not paid for the
same.

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