Hero Motor 2 Wheeler Spare Parts, Asansol


Specification

Item Id 762
Category Hero Motor 2 Wheeler Spare Parts, Asansol
Manufacture name Hero Motor Cop
Model name Misc.
Model number Misc.
Production date 02-Dec-2021
Location Kalla Cent Hospital, Bardhaman, West Bengal
Market Maker sidharth.nigam@salvagemanagers.com
Sound Invoice Value Rs. 5,47,88,674.00 / LOT
Quantity 1 LOT
Sound Invoice Lot Value Rs. 5,47,88,674.00
Reserve Price Rs. 44,00,000.00 / LOT
Reserve Price Lot Value Rs. 44,00,000.00
Remaining Time
Ongoing Lot Bid Rs. 0.00
Current Bid Rs. 0.00 / LOT
Incremental Bid / LOT
Next Minimum Bid / LOT
Expired

Details

Hero Motor 2 Wheeler Spare Parts

Various GST % on total spare part value as under

Spare Value

GST Component

 Rs.              48,855.00

5%

 Rs.              26,158.00

12%

 Rs.    1,72,99,832.00

18%

 Rs.    3,74,13,828.00

28%

    Rs.    5,47,88,673.00

Average GST on total lot

TERM & CONDITIONS FOR EAUCTION


THE RATE FOR PURCHASE OF OFFERED GOODS IS TO BE SUBMITTED ON “Basic Amount Only– excluding average GST on the total lot.


The sale of offered goods is on Lot basisSalvage managers do not take any responsibility for quality. Buyers are requested to visit the damage site before participating in eAuction and bid as per their own experience.


DYNAMIC TIME: The eAuction shall automatically extend by 5 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 will be placed by 50% of incremental bid value.

The Auctioneer reserves the right to reject any bid without assigning any reason to the bidder. Auctioneer’s reserves the right to restart the e-Auction at any stage.

After depositing 100% payment, the Purchaser shall start lifting and clear the lot awarded to him from the site within a period of 10 working days

The EMD of highest bidder/H1 will be refunded once the complete payment is received by insured/seller and complete material is lifted by highest bidder/H1 buyer.

EMD of the 2nd highest bidder shall be retained for 10 days from the date of approval of eAuction and may be asked to honor the deal at the second highest bid within the aforesaid period of 3 days.

The Salvage Managers or the associated Loss Adjusters or Underwriters, being only the facilitators for disposal of salvage, have no knowledge about the specific trade requirements and shall bear no responsibility of any kind, in this regard of whatsoever nature.


The website www.salvagemanagers.com is maintained by the external agency at external servers. Any problem while bidding or technological glitches/problems may occur accidentally and such problems will be dealt in order to complete the entire process smoothly. The surveyor’s decision in this regard will be final as they have appointed us to bring transparency in the system by eAuctioning.  

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Documents
Contact Salvage Manager about this items/lot.
Phone :Mr. Soumen Rudra – 9434747103
Email :sidharth.nigam@salvagemanagers.com

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