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Auction Catalogue 501469

The document outlines the details of an upcoming e-auction for miscellaneous e-waste items organized by the Commissionerate of CT & GST in Cuttack, scheduled to start on May 1, 2025. Key information includes inspection dates, payment terms, and conditions for bidders, emphasizing the 'as is where is' basis for the sale. Bidders must ensure compliance with GST regulations and are advised to inspect the materials prior to bidding.

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bsa.amit.acct
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0% found this document useful (0 votes)
19 views9 pages

Auction Catalogue 501469

The document outlines the details of an upcoming e-auction for miscellaneous e-waste items organized by the Commissionerate of CT & GST in Cuttack, scheduled to start on May 1, 2025. Key information includes inspection dates, payment terms, and conditions for bidders, emphasizing the 'as is where is' basis for the sale. Bidders must ensure compliance with GST regulations and are advised to inspect the materials prior to bidding.

Uploaded by

bsa.amit.acct
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Detailed Auction Catalogue

Auction Number: MSTC/BBR/Commissionerate of CT & GST (O)


Cuttack/1/Cuttack/25-26/4529
Auction Type: O-General Auction
Inspection Schedule: 17-04-25 to 30-04-25
Scheduled Auction Start Date 01-05-25 13:00
and Time:
Scheduled Auction Close 01-05-25 16:00
Date and Time:
Auction Status: Not Activated
Upload Docs Required: No
Auction Auto-extension 8 mins
Time:
Pre-Bid EMD: Not a Auto Prebid EMD Auction
Currency: INR
Post Bid EMD to be 7 Days from date of Acceptance of the Lot unless otherwise
deposited in: specified in the catalogue.
Full Payment/Balance 22 Days from date of Acceptance of the Lot unless otherwise
Payment to be deposited in: specified in the catalogue.
Late Payment Penalty (%): 1.0% per week plus applicable GST
Delivery of the Material to be 30 Days of issue of Delivery Order unless otherwise specified in
taken within: the catalogue.
Ground Rent (%): 1.0% per week plus applicable GST

Seller Details:
Seller Name Commissionerate of CT & GST (O) Cuttack
Seller Address Cuttack,Banijyakar Bhawan, Cantonment Road,Cuttack-
753001,INDIA
Seller Email Address ajit.padhan@odisha.gov.in
Contact Person AJIT KUMAR PADHAN
Telephone Number 97778 37863

MSTC Officer Details


Name & Designation of Officer One Name: Mahesh Ramavath[-]
Email: rmahesh@mstcindia.co.in
Phone: 8801281004

Name & Designation of Officer Two Name: Arnab Sarkar [-]


Email: asarkar@mstcindia.co.in
Phone: 09986036012

MSTC Helpdesk Details 07969066600 ; helpdeskho@mstcindia.in

E-auction bids are invited for sale of below listed items on 'As is where is', 'As is what is'
and 'no-complaint' and 'Caveat Emptor' basis.

Auction No: MSTC/BBR/Commissionerate of CT & GST (O) Date/Time of Download: 29-04-2025 16:07:51
Cuttack/1/Cuttack/25-26/4529
Lot Details:
Lot Details Lot Description Lot Parameters Other Details Lot Documents
Lot No - 1 <b>Miscellaneous E- Quantity - 1.0 LOT GST (%) - As Annexure for Lot
Lot Name - waste Items as per Start Price in INR - 1 Applicable no 1 -
Miscellaneous E- the annexure Bid Increment in INR - Lot Location - Annex_26_4529_720
waste Items attached in the Lot 1.0 Commissionerate of 7522.pdf
Product Type - Documents. <br> Post Bid EMD % - CT and
Electronics Items <br> 25.0 GST,Banijyakar
Category - The Lot is under E- TCS (%) - 0.0 Bhawan, Cantonment
Compters/Peripherals waste items . Only Road,
PCB Group - E- CPCB /SPCB Cuttack,753001 State
Waste-Rule 2022 authorised recyclers :Odisha
holding Lot State - Odisha
valid authorisation for Bid Valid Till - 30-07-
management &amp; 2025
handling of E-waste
scrap shall be allowed
to participate in this
lot.<br>
<br>
The lot will be sold on
As is where is basis
and no-complaint
basis. Any
quality/quantity issues
will not be entertained
post auction<br>
<br>
Bidders are advised
to inspect the material
before putting the
online bid.</b></p>
<p><b>Contact
person for Inspection
:1. Mr. Santosh
Kumar Swain, Mob-
7978531928<br>
<br>
2. Mr. Debabrata
Panda, Mob-
8249744800<br>
<br>
&nbsp;</b></p>

Total number of Lots in this Catalogue = 1

(All % indicated are percent of Basic Material Value i.e. Rate as per Sale Intimation Letter*Lot Quantity)

Terms and Conditions

Auction Specific Terms & Conditions (ASTC) and Uploaded Files:

Seller Specific Terms and Conditions (SSTC).


No Seller Specific Terms are applicable for this event.
Special Terms and Conditions of e-auction:
e-Payment
1. Guide for making payment to MSTC through e-Payment in Bidders login is available at (Link)
2. No cognizance will be taken if payment is not received in line with defined terms & conditions of
e-auction. In such cases buyer will be required to make fresh payment according to the terms of

Auction No: MSTC/BBR/Commissionerate of CT & GST (O) Date/Time of Download: 29-04-2025 16:07:51
Cuttack/1/Cuttack/25-26/4529
auction. Seller/MSTC will not entertain any request for extension of free time period for payments
due. For auctions under RCM, all payment of balance sale value may be deposited by the buyers
with MSTC.
Inspection Details
1. Prospective Bidders may contact the stockholder/principal and visit the site for inspection as per
inspection schedule given in the auction catalogue. Bidder, if himself/herself visits the site for
inspection, must carry his/her Photo ID Card issued by MSTC. In case inspection is made by
bidder s representatives then they should carry with them proper authorisation of their Identity &
Signature on bidder s letter head under bidder s signature along with certified copy of MSTC ID
Card.
2. Bidder must satisfy themselves about the nature, quality, quantity, physical conditions, technical
specifications, taxes-duties and other legalities of the materials prior to submission of bid.
Discrepancy if any found may be brought to the notice of Seller/MSTC at least 3 days prior to the
auction start date. Submission of bid would lead to draw a presumption that Bidder has inspected
the material physically & thoroughly and has satisfied himself with respect to all aspects. No
complaint, whatsoever, with respect to any aspects of the material would be entertained after
submission of the bid.
3. Photos of the lots, if any, forms part of the auction catalogue and its annexure would be strictly
for reference purpose only and no inference whatsoever may be drawn with respect to any
aspects of the material. Bidder has to inspect the material physically & thoroughly to satisfy
themselves about the nature, quality, quantity and other properties, if any, before submitting the
bid. MSTC/Seller will not be responsible for any complaint in this regard.
GST Requirement under RCM
1. As the Auction is under Reverse Charge Mechanism (herein after referred to as RCM) of GST
Act, only, bidders having valid GST number duly updated in their profile will be allowed to
participate. Under RCM all the liability and onus for timely deposit of applicable GST with relevant
authority and compliance of all the relevant provisions under GST Act shall rest on Bidder Solely
and no liability in this regard shall lie with Principal /MSTC at any point of time.
Post Auction Payment(s)
1. Successful Bidder will have to deposit Post Bid EMD (herein after referred to as EMD) at a rate
percentage calculated on basic bid value, as mentioned in auction catalogue (lot details). Payment
of EMD is to be made strictly in accordance with terms & conditions stated in auction catalogue
with respect to Time-Period and Rate Percentage or as indicated in Sale Intimation Letter (herein
after referred to as SIL).
2. The EMD will be adjustable towards material value only after receipt of the balance material
value of last instalment (in case of instalment payment) along with applicable Duties & Taxes as
per terms and conditions of e-auctions failing which the EMD will stand forfeited automatically.
3. Reckoning of Time Period for the purpose of making payment of EMD for accepted lot will start
from the date of closing of auction excluding the date of auction and for STA lot reckoning will start
from the date of acceptance of the lot as registered by the seller in the system. Non-submission of
EMD within the stipulated time period will lead to automatic deactivation of the bidder s account.
However, the bidder can make payment of full material value along with all duties & taxes within

Auction No: MSTC/BBR/Commissionerate of CT & GST (O) Date/Time of Download: 29-04-2025 16:07:51
Cuttack/1/Cuttack/25-26/4529
total free time period available. Late submission of EMD under any circumstances will not lead to
extension of normal free payment time period.
4. Although immediately after closing of e-Auction, a system generated automatic Sale Intimation
Letter (herein after referred to as SIL) will be sent by e-mail to the Successful bidder, it will be the
duty of individual bidder to personally check the status of the lot in Lot Status link available in
bidder s login and ensure the timely deposit of EMD. SIL issued by MSTC is for record purpose
only. Bidder must, therefore keep a watch on their e-mails and keep the same valid and active all
the time. No hard copy of the SIL (for Confirmed or Subject to Approval (STA) lots) will be issued
by MSTC.
5. Default in Payment Of EMD: In case the successful Bidder defaults in making payment of EMD
within stipulated time, his login will be automatically de-activated by the system and will remain so
for a minimum period of 3/6 months as per MSTC Policy. After expiry of the applicable
deactivation period Bidder gets an opportunity to reactivate his login account by paying penalty
amount plus GST imposed as per MSTC policy.
6. Digitally signed Acceptance letter (AL) will be issued by MSTC on receipt of EMD indicating the
schedule of payment and mode & manner of payment of the remaining sale value along with
duties and taxes as per terms and conditions of e-auction. The digitally signed AL will be
automatically forwarded to the registered emails of buyer as well as seller and no physical copy of
AL will be sent. Payment of balance sale value along with duties and taxes must be made within
the stipulated time period for issuance of Delivery Order.
7. Payment of Balance Sale Value for Issuance of Delivery Order: Digitally signed Delivery Order
will be issued by MSTC on receipt of balance sale value along with taxes and duties indicating
details like delivery schedule, payment details etc. Payment of balance sale value will be made
strictly in accordance with terms and conditions defined in the e-auction with respect to Time-
Period, Mode and Manner of Payment or as indicated in Acceptance Letter. The digitally signed
DO will be automatically forwarded to the registered emails of buyer as well as seller and no
physical copy of DO will be sent.
8. Payment Time Period for making payment of Balance Sale Value along with duties and taxes
will be Full Payment Time as defined in auction catalogue less Post Bid EMD Payment Time
already given for payment of EMD. Reckoning of Payment Time for the purpose of making
payment will start from the date of closing of auction excluding the date of auction and for STA lot
reckoning will start from the date of acceptance of the lot as registered by the seller in the system.
Total Free Time Period will not change under any circumstances.
9. Default in Payment of Balance Payment: For default in making payment of balance sale value
along with taxes and duties beyond free time period, a late payment charge (plus applicable GST)
at a fixed rate percentage per week or part thereof for a maximum period of 14 calendar days shall
be levied extra as per terms of the auction. Late payment charge shall be calculated on basic bid
value. However, this shall not confer any right to the Bidder to make any Late Payment of Balance
Sale Value or applicable Duties and Taxes. Seller/MSTC reserves the right to accept or not to
accept the payment of the Balance Sale Value with or without the Late Payment charges after the
expiry of the stipulated payment time period as mentioned in the auction terms. If the last date of
payment happens to be Bank Holiday or MSTC Holiday, the payment will be accepted on the next

Auction No: MSTC/BBR/Commissionerate of CT & GST (O) Date/Time of Download: 29-04-2025 16:07:51
Cuttack/1/Cuttack/25-26/4529
working day without late payment charge. Non submission of balance sale value and applicable
Duties and Taxes will lead to forfeiture of EMD.
Delivery Details
1. Delivery Order: On receipt of the payment towards balance sale value along with taxes and
duties, delivery order will be issued indicating the delivery period as defined in auction catalogue.
The count of delivery period will start from the date of issue of Delivery Order by MSTC including
date of issue of Delivery Order or Sale Release Order issued by Principal. If the last date of
delivery happens to be the closed Holiday for seller, the delivery will be allowed on the next day
without ground rent.
2. Delivery of Material: For the purpose of taking delivery from the Seller's Location/Depot/Plant,
the authorized Photo ID Card Holder should report to the Seller along with his original Photo ID
Card or the said Photo ID Card Holder may depute any other Representative along with Authority
Letter on Buyers Letter-Head after duly attesting the signature of his Representative along with a
Self-Certified copy of his Photo ID Card. The successful Bidder/Buyer must take prior permission
from the Seller, before placement of vehicle for taking delivery of material.
3. Default in Delivery: In case of delayed lifting beyond free delivery time period, the applicable
ground rent along with GST, in advance should be directly deposited with the seller before
delivery. The rate of ground rent along with GST beyond the free delivery period shall be collected
at a rate percentage, as defined in the auction terms, per week or part thereof for a maximum
period of 14 calendar days. In case goods sold on lot basis, the ground rent must be paid by the
buyer on the entire lot value even if lifted in part. In case of goods sold on Unit Weight or Unit
Number basis or any other unit basis, the ground rent must be paid on the value of the un-lifted
quantity. In case of further delay in taking delivery of material beyond two weeks with ground rent,
seller shall have the option at their discretion to extend it further with/without ground rent, taking
into account all important factors provided a prior written request is submitted by the buyer asking
for extension.
4. For the Items sold with a Unit of Measurement Lot, if the actual quantity turns out to be more or
less than indicative quantity, the buyer shall have to lift the entire lot. In the event of actual quantity
turning out to be less than the mentioned indicative quantity, the buyer shall not be entitled to any
damages, loss of interest or compensation on this count.
5. For the items sold with a Unit of Measurement such as MT, KG, Numbers, Meter etc, if the
actual quantity turns out to be more or less than mentioned quantity within the range of +/- 20% of
mentioned quantity, the buyer shall have to lift the actual quantity. For excess quantity buyer has
to deposit the remaining amount along with duties and taxes as applicable. For less quantity buyer
will be refunded the proportionate amount.
Other Terms of e-Auction
1. This e-Auction is governed by Auction Terms and Conditions, which are available in this
document. By participating in this e-Auction, the Bidder/Buyer shall be presumed to accepts these
terms and conditions and all the stipulations therein including all annexures, attachments, photos
etc. This inter-alia will cause to include
Integrity Pact (IP) available at Link.
Auction Specific Terms & Conditions (ASTC).

Auction No: MSTC/BBR/Commissionerate of CT & GST (O) Date/Time of Download: 29-04-2025 16:07:51
Cuttack/1/Cuttack/25-26/4529
Seller Specific Terms and Conditions (SSTC), if any: available in the table above for
reference.
Special Terms and Conditions (STC) i.e., this Auction Catalogue.
Buyer Specific Terms and Conditions (BSTC): available at Link
General Terms and Conditions (GTC) available on Link.

In case of any conflicts or differences amongst any of the provisions of aforesaid terms and
conditions, provisions of relevant terms and conditions would prevail over others in order of
precedence mentioned above (Integrity Pact (IP) having prevlence on Auction Specific Terms &
Conditions (ASTC) which will have prevalence on SSTC, and so on).
2. Right to amend/Update terms and conditions: MSTC reserves the sole and absolute right to
amend/update/clarify/modify/supplement/delete any of the terms and conditions of the Auction
Catalogue or inter-alia other referenced documents such as GTC/BSTC etc. Any
addendum/update issued from time to time by MSTC before the start of e-Auction, shall
automatically be considered a part of this Auction Catalogue.
3. The Bidder shall be solely responsible for all consequences arising out of the bid submitted by
him (including any wrongful bidding by him) and no complaint/representation will be entertained by
MSTC/Seller in this regard. Once the bid is submitted, it cannot be retracted by the bidder for any
reason whatsoever. Hence Bidders must be careful to check (the Bid Amount/No. of 0s /No of
Digits/Unit of Measurement etc.) their bid (rectify, if required) before submitting their Bid into the
live e-Auction floor by clicking the 'Bid Button. In case of any bid being equal to or more than 5
(five) times the current Highest Bid for a particular Lot, a WARNING will be displayed on the
Bidder's screen before he confirms/submits the bid. During Live Auction, only brief Lot/Item details
will be shown under Lot Name on the Auction Floor where Bidders are required to bid. The
complete Item Details can be seen by the Bidders by clicking on the respective Item hyperlinked
under Lot Name and it shall be the responsibility of the Bidders to see the Item Details before
bidding and no representation/complaint in this regard will be entertained by MSTC / Seller from
the Bidders.
4. The Auction Catalogue appearing on the day of e-auction under VIEW LIVE E-AUCTION will be
final and binding and may be downloaded, if required.
5. E-Auction start time, scheduled close time, inspection schedule and other dates & times
mentioned in the e-auction Catalogue may be treated as per (IST) Indian Standard Time only. For
live e-auction the Server Time (i.e. the time of MSTC e-Auction Server) shall be final and binding.
6. Digitally Signed copies AL/DO will be sent by email and available for download in Bidder s
Login, Bidders in their own interest should check their e-mail/login regularly regarding any
communication related to the specific e-auction.
7. MSTC / Seller reserves the right to postpone/stop/cancel the e-auction at any stage without
assigning any reason. MSTC reserves right to modify/alter/cancel any of the above-mentioned
Terms and Conditions pertaining to the e-auction, before the start of e-Auction.
8. The Buyers/Bidders who are interested to purchase the product under sale through e-auction
should get themselves registered with MSTC as buyer for e-auctions before commencement of e-
auction.

Auction No: MSTC/BBR/Commissionerate of CT & GST (O) Date/Time of Download: 29-04-2025 16:07:51
Cuttack/1/Cuttack/25-26/4529
9. Rate: The bid value shall be the basic price of the material exclusive of all applicable levies,
Duties etc., quoted as per the Unit of Measurement (UOM) displayed during live auction in INR or
the Currency given in Auction Details. Applicable levies and duties during the pendency of the
contract will be charged extra as applicable on the date of delivery. Any increase/decrease in
levies etc. or imposition of any new duties & taxes by Statutory Authorities would be on the buyer s
account.
10. Unit of Measurement (UOM) for Bidding, Sale Delivery: Each Lot will have to be bid, sold and
delivered on the basis of Unit Of Measurement (UOM) stipulated in the Material List displayed on
the Auction Floor of View Live Auctions. Any representation/complaint from the Bidders for the Bid
having been made on the basis of any other Unit of Measurement will not be entertained.
11. Taxes and Duties: The GST rate, Cess or any other statutory Duty &Levies etc. will be
applicable and payable by the Buyer as prevailing on the date of actual physical delivery of
materials. The rates of Duties and Taxes displayed on the e-Auction Website are only indicative
and based on the rates prevailing before the commencement of the e-Auction.
12. Validity of Bids: All Bids will be valid up to the date indicated in auction catalogue.
13. The Contract shall be treated as having been entered into upon issuance of Digitally Signed
Acceptance Letter/Sale Order by MSTC in favor of the Successful Bidder/Buyer. The period of
contract shall be of sixty (60) days from the last date of delivery.
14. For the payment(s) made towards the Seller or in Seller s account, seller will send the
intimation to MSTC. MSTC will not be responsible for delay in such communication from the seller,
resulting in deactivation of the bidders account or imposition of late payment penalty. Bidders in
such circumstances are advised to actively coordinate with the Seller for timely intimation to
MSTC. MSTC will issue DO on receipt of written communication from the seller regarding payment
of balance material value in their account.
15. Auto Extension: E-Auction period indicated above is subject to automatic extension. If any bid
is received during the auto-extension period before scheduled close of auction for any lot, its close
time will get automatically extended by the auto extension period from the time of last bid, in order
to give equal opportunity to all bidders. Bidding will close for a particular lot either at the scheduled
close time or a period equal to auto extension time during which no bid has been recorded,
whichever happens later.
16. Bid Increment: During normal and/or in the extended period of e-auction, bidders can increase
his/her bid by the minimum bid increment amount or multiples thereof as specified in auction
catalogue.
17. Auto bid facility: In the e-auction, a bidder may opt for auto-bid to increase his bid by a fixed
amount by clicking on the Auto bid button. Once the bidder clicks on the Auto bid button, they will
input incremental value and maximum amount to bid. The bidder has to fill up these values and
submit.
18. Bid Result:
It must be personally seen by the Bidders online through the link Auction Lot Status immediately
after closing of e-Auction which will be displayed up to 7 (Seven) days from the date of Closing
of e-Auction (excluding the date of closing of e-Auction) and payment of EMD must be made
accordingly. Immediately after closing of e-Auction, a system generated automatic Sale

Auction No: MSTC/BBR/Commissionerate of CT & GST (O) Date/Time of Download: 29-04-2025 16:07:51
Cuttack/1/Cuttack/25-26/4529
Intimation Letter will be issued by e-mail to the Successful Bidder. The bidders must always
keep their registered email account valid, failing which bidders will be liable for non-compliance
of payment/delivery instructions if issued by MSTC/SELLER from time to time. It is the
responsibility of the bidder to verify the status of his bids and pay the EMD accordingly.
The buyer(s) cannot novate the contract awarded to him/her/them, to others and also no sub-
contract is allowed. In case of deviation of any of the e-auction conditions, the offers shall be
cancelled besides forfeiting the deposit amount and imposing penalty as decided by SELLER or
its authorities.
19. Removal of Sold Material:
The materials sold shall be removed by the Buyers from any one side of the Lot as per the sole
direction of the Seller and no segregation/pick and choose of items from the sold Lots will be
permitted. For the purpose of removing the materials, the successful Bidder shall employ or
engage only his / their own personnel at their own cost and shall keep the Seller/MSTC fully
indemnified against any claims whatsoever including claim for wage, injuries, compensation,
death etc. They must follow all safety rules in this connection wherever applicable. The buyer
shall be liable for any violation of such rules. E-Way bill, if applicable, will be generated by the
Buyer before movement of the material.
DISMANTLING OF MATERIAL FOR LOADING: In case any cutting permission is required for
dismantling operations, the same will have to be obtained by the Buyers from the Seller's
authorized representative well in advance and it will be sole discretion of the Seller to allow or
not to allow such cutting permission. In case such permission is granted by the principal/seller,
such operation has to be undertaken at buyers cost and risk only, to the extent of facilitating the
loading and transportation of the goods. They must follow all safety rules in this connection
wherever applicable. The buyer shall be liable for any violation of such rules.
ACCIDENT DURING DISMANTLING / REMOVING / LOADING / TRANSPORTATION AT
Sellers PREMISES: While dismantling/ removing/loading/transportation of materials at sellers
premises, if any accident or damage to the property/life etc. arises by reason of any act of
negligence/omission /default or non-compliance with any of the Terms Conditions of statutory
regulations or rules and regulations applicable or otherwise on the part of the Bidder's / his
representative or employees resulting in death or injury to any persons or damages to the
property of Seller or any third Party then in such an event the Bidder will have to pay
compensation to any such person including the employees of Seller for such injury / for damage
to person's property of such persons. The Bidder shall in such event keep the Seller/MSTC fully
indemnified from any demand, claims or proceedings made by any party.
20. Sale of Hazardous Waste Items: Sale of Hazardous Waste items, Batteries, e-waste, waste oil
etc. will be governed by the Hazardous Wastes (Management and Handling) Rules, 1989,
Batteries (Management and Handling) Rules, 2001, e-waste (Management and Handling) Rules,
2022 respectively and their subsequent amendments (if any) and/or any other laws and rules
thereunder as may be made applicable from time to time. In case the validity of Bidders MOEF/
CPCB/SPCB Certificate gets expired after being successful (H1) bidder and renewal is pending,
then seller may deny the delivery of material for that specific item(s). Therefore, interested bidder
must ensure to produce a valid MOEF/CPCB/SPCB renewal certificate to MSTC to get their MSTC

Auction No: MSTC/BBR/Commissionerate of CT & GST (O) Date/Time of Download: 29-04-2025 16:07:51
Cuttack/1/Cuttack/25-26/4529
Account duly activated for the specific item (s) before the Starting Date of e- Auction. Wherever
after the award of the lot, validity of MOEF/CPCB/SPCB Certificate gets expired, the bidder must
submit copy of such certificate duly renewed by MOEF/CPCB/SPCB within the stipulated time of
payment of Balance Sale Value failing which the payment will not be accepted and the PEMD/post
bid EMD whichever is applicable will be forfeited.
21. The Bidder(s) shall have no right to issue any addendum to these Special Terms and
Conditions or Buyer Specific Terms and Conditions to clarify, amend, supplement or delete any of
the conditions, clauses or items stated therein.
22. MSTC / Seller reserves the right to accept / reject any offer / bid, withdraw from sale, the
materials offered for sale in full or part thereof prior to or after the acceptance of the bid without
specifying any reason thereof.
23. 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.

Auction No: MSTC/BBR/Commissionerate of CT & GST (O) Date/Time of Download: 29-04-2025 16:07:51
Cuttack/1/Cuttack/25-26/4529

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