HR Baby Coil 16-12-2019 - 62983 - 1.10 PDF
HR Baby Coil 16-12-2019 - 62983 - 1.10 PDF
HR Baby Coil 16-12-2019 - 62983 - 1.10 PDF
For Any unresolved Issues at Mjunction, Angul : Mr. Aditya Singhal (75960 58570, Aditya.Singhal@mjunction.in)
For Any unresolved Issues beyond two (02) days mail to:
BSL/HRBC/1612/1 SCRAP
RS
1 AR HR_BC BSL/HRBC/1612/1 HR BABY COIL,QTY-500 500MT 18% 1% TS-BSL HSM YANKEE
150/MT
MT,(100MTx5LOTS)
Quantity
Lot No Thickness Width
(MT)
1 1.6mm-5.6mm 910mm-1680mm 500
It is the responsibility of the buyer to furnish the valid GST no. & necessary documents to Mjunction before participating
in the auction. In case during the transactions, it is found that valid GST no. has not been provided, then all necessary
liabilities if any & so accrued would be on account of the buyer. TATA Steel BSL & Mjunction would not be responsible for
any such liabilities.
(a) * Material is offered on “AS-IS-WHERE-IS” and “NO-COMPLAINT” BASIS. The offer is subject to availability of material
at Tata Steel BSL Ltd.
(b) Note: TSL reserves the right to track IP address, MAC number and geolocation of bidding customers whenever
customers participate in any auction on the mjunction auction platform for TATA Steel BS. Further, Customers are
requested to install the necessary apps in the devices we use for log in and bidding in mjunction auction platform to
enable tracking of the MAC number and geolocation.
LIFTING & PAYMENT SCHEDULED:
1. Requirements of participation:
1.1 Registration: Before participation in the e-Auction, a prospective bidder shall be required to get registered with mjunction
services limited. For details visit www.auction.metaljunction.com
1.2 Security Deposit: Non-Interest bearing security deposit of Rs. 50000 (Rupees Fifty Thousand only) through Online Payment
only : Details as under :
1.3 SPECIAL NOTE: - “Participation in TATA STEEL BSL IBMD auction with TSL SAP code has become mandatory. The Codes are
unique against each buyer and being created in buyers profile page on receipt of proper documents like GST, PAN, Cancelled
Cheque of Bank details, etc. Please check your corresponding TSL SAP Code in your profile page. If you are unable to locate your
TSL SAP Code please contact 033-66106150; 8336925968 and 033-66106178 for submission of the documents.”
2. Inspection registration & policy : All parties to send their request for registration of inspection through e-mail to Mr.
susanta.das (susanta.das@mjunction.in), with a copy to (manish.kumar@mjunction.in), one day prior to the date of inspection
or register themselves by visiting MJ Angul office physically between 9:00AM to 9:30AM on the day of inspection and get their
names registered for making gate pass. No one will be entertained beyond 9.30 AM.
(Mail request should contain – Person Name, Firm Name, Mobile No. & Name of the Auction)
Customers are advised to ensure that they inspect the materials on offer on the scheduled date as mentioned in the catalogue,
before participating in the auction
It is reiterated that all materials are offer / sold by Tata Steel BSL on “AS-IS-WHERE-IS” and “NO-COMPLAINTS” basis and no complaint
what so ever shall be entertained regarding the quality of materials after the sale.
Further, TATA Steel BSL would not accept any claim from any customer for non-inspection of materials”
(All interested parties are to report at MJ Angul Office between 9.00 am to 9.30 am)
(All are required to bring safety Goggles, Safety Helmet & Safety Shoes. Without the safety equipment’s no one will be allowed to
inspect the material)
Only registered customers / bidders / representatives of firms shall be allowed for inspection of materials, subject to their fulfilling
the safety requirement of the steel works.
“Material Specification & Photographs if any given in the catalogue is indicative only.”
3. Bidding modalities:
3.1 Price Bid Basis: In Indian rupees as per unit of measurement as given in Material List. Price to be quoted is basic, exclusive of all
taxes. Bid Increment :
3.2 Type of Auction:
3.3 Bid Validity: Bid shall be valid for ten working days from the date of auction.
3.4 Bid Duration :
6.1 DOs will be handed over to authorized representatives of bidders on receipt of payment.
CIN L27100MH1907PLC000260
6.3 Loading Days: Lifting will be given on all days of the week including Sundays. However, Sundays are excluded for counting purpose for lifting
schedule. Loading shall be given strictly as per the statutory norms & safety norms of Tata SteelBSL Ltd.
6.4 Lifting with Ground Rent (GR) : Lifting along with GR will be allowed up to 4 working days from the last date of lifting period . GR will be
calculated on balance un-lifted quantity @ 5 paise per Rs. 100 per day.
6.5 DO validity can be extended Only ONCE against each Delivery Order upto a maximum of 4 days from last date of original validity period of
the DO ,subject to receipt of GR Payment through online only by 01.00 PM on the first working day after the expiry of the Original validity period
of DO. Kindly note that all the Delivery Orders (DO) which meet the Lot Closure Norms shall be closed within one day from the date of expiry of
original Delivery Order (DO) validity.
6.6 Additional lifting days for advance payment of installment - If the installment payment is made in advance, then additional lifting days
(equivalent to the number of days payment made in advance) would be given.
6.7 Suitable extension of due date for payment and lifting will be accorded in case of any eventualities like Strike/ Bundh / Special restriction on
vehicular movement imposed by the local Admn. Etc
6.8 Documents for verification regarding entry of vehicles inside Tata Steel BSL works :
All customers to note that presentation of following set of documents to TATA STEEL BSL authorities is COMPULSORY at the time of reporting of
vehicles at TSLBSL designated Gate for entry of Customer trucks/vehicles.
a. Driving License of driver,
b. Registration Card,
c. Commercial Certificate,
d. Fitness Certificate of Vehicle,
e. Re-registration for vehicles older than 15 years
f. Insurance
g. The checklist form will be filled in at TSLBSL designated Gate for entry of Customer trucks/vehicles before entry of vehicle.
7. Penalties:
7.1 The following penalties shall be applicable in the eventuality of a buyer defaulting in making the payment of EMD (wherever applicable) or First
(Single) installment, as per the stipulated schedule for each lot, in a financial year:
In the first instance, a penalty of Rs. 50,000/- (Rupees Fifty Thousand only) shall be recovered from the customer.
In the second instance, a penalty of Rs. 100,000/- (Rupees One Lakh only) shall be recovered from the customer.
In the third, and any subsequent instance, a penalty of Rs. 150,000/-(Rupees One Lakh and Fifty Thousand only) shall be recovered and the customer
shall be debarred from participating in any auction for a period of three months from the date of debarment.
In the event of any default, the customer’s user id will be disabled and the customer will be blocked from participating in any auction of TSL with
immediate effect. The defaulting customer shall be allowed 06 (six) working days to deposit the penalty as mentioned above. In case the penalty is
not received within the stipulated period, the customer’s security deposit shall be forfeited, and the defaulting customer shall be debarred from
participating in any auction of TSL.
7.2 If, after making payment of EMD (wherever applicable), the installment payment/s are not made by the customer as per the stipulated
schedule for each lot, the entire EMD amount against such lot shall be forfeited.
7.3 In case of non- lifting of full lot quantity after making full payment, a penalty equivalent to 20% of the material value for the un-lifted quantity
against each lot shall be recovered from the customer
8. Lot Closure Norms : For Lot Closure, the tolerance would be ±20% , at Sellers Option.
9. Refund : : Refund would be processed on the basis of request letter having details of auctions, SO and material lifted post Lot Closure, If any, on
receipt of required documents i.e. .Refund Request letter & cancelled cheque.
9.1 “TATA Steel BSL would make refunds only through online mode wef 15th June 2016. All customers are required to submit necessary details to
Mjunction by 15th June.”
9.2 Refunds will only be made by TATA Steel vide RTGS/NEFT and hence all customers are required to submit their bank details to mjunction or
mail at mjbpo.group@mjunction.in. TATA Steel or mjunction will not be responsible for any delay in refunds owing to absence of bank details of the
customer.
10. Complaints : Complaints, if any, with regard to any transaction, shall have to be lodged by the buyer within three months from the date of last
invoice. No complaint shall be entertained thereafter, under any circumstances. Customers can log their complaints at fsc@mjunction.in 11.
Jurisdiction : Any dispute arising out of any contract shall be decided in Jamshedpur by the courts in Jamshedpur and by no other courts. The courts
in Jamshedpur shall have exclusive jurisdiction to adjudicate upon any such dispute.
11. Jurisdiction : Any dispute arising out of any contract shall be decided in Jamshedpur by the courts in Jamshedpur and by no other courts. The
courts in Jamshedpur shall have exclusive jurisdiction to adjudicate upon any such dispute.
12.1 No claims on quality of material and bid cancellation shall be entertained at any point of time after the auction.
12.2 The quantity indicated is on “as- is- where- is- basis” and “no- complaint basis”, and “subject to availability” of material.
12.3 Lot transfer will not be allowed. Payment and invoicing has to done in the name of the H1 bidder, subject to the prices being approved.
12.4 Material purchased should be the only material being lifted from the designated location. Tata Steel has the right to check any vehicle at any
moment of time. If material lifted differs from the material that is purchased by the buyer, and then the buyer/authorised representative will be
permanently debarred. Also Tata Steel can take any penal action against the buyer/authorised representative. All the material loaded in the vehicle
is to be covered in order to follow the safety compliance of Tata Steel works. If the safety compliance is not followed then Tata Steel can penalize the
buyer/authorised representative as deemed fit.
12.5 Customer attested photocopy of valid photo ID proof (Voter ID/PAN/Aadhar Card) of all lifters/authorised persons engaged by customers for
lifting of scrap from TSL is to be enclosed with the authorisation letters to be forwarded to TSL (Security/MRSPP) for issue of Gate Pass.
12.6 Despatch is subject to Force Majeure Conditions.
12.7 The Seller reserves the right to terminate this offer without assigning any reason.
12.8 In the event of termination of the offer, Seller shall refund the balance amount after due reconciliation.
12.9 Material is being sold on "As Is Where Is" & No Complaint basis.
12.10 No claims whatsoever would be entertained after cancellation of the bid.
Compliance to safety norms .
13.1 Authorized persons (of the customer) involved in lifting of the materials will be allowed only with Personal Protective Equipments (PPE) i.e.,Safety
Shoes, Safety Helmet, Safety Goggles, Fluorescent Jacket and Hand Gloves. No "people movement" shall be allowed at the time of loading/delivery of
materials from the yards"
Tata Steel BSL will not be responsible for any delays arising out of Non- Compliance to the Safety Norms. 1. All driver & operator will wear the Safety
Helmet. Safety Shoe, Safety Goggles & FR Jacket 2. Vehicle should be parked as per TSL standards ( Use of scotch block etc) 3. All will use Safety belt
while walking or checking of level 13.2 "USE OF HYDRA CRANES BY CUSTOMERS IN ANY PREMISES/LOCATION /STOCKYARDS OF TATA STEEL AND ITS
VENDORS/CONSIGNMENT AGENTS' PREMISES IS BANNED".
13.3 In addition to earlier safety norms, the following would be compulsory w.e.f 15th June '2014 : The drivers of the vehicle must have the eye test
certificate. The frequency of the testing would be as below :
2. If the age of the person is 45 years or more, the testing is required to be done once in every 6 months Please ensure to comply with the safety norms
(a) Buzzer with Turning Indicator :- 1st June
(b) b) SUPD & RUPD :- With Immediate effect
VEHICLE SAFETY CHECK LIST Description Description Date& TimeVehicle Type Capacity of the vehicle Vehicle Reg. No
Projection details(mm)
Transporter Name Right Side Consignment Type ODC/NONODC Left Side Length Height
2. C Form against concessional inter-state sales would be issued only by the SOLD-TO customer. Under no circumstances, the Form issued by SHIP-TO
customer would be accepted
3. E1 form would be issued only to the SOLD-TO customer against submission of C Form by the same. Under no circumstances, the Form would be
issued to SHIP-TO customer.
4. OVAT404 Form for local sales tax (VAT) would be issued only to the SOLD-TO customer, subject to VAT being charged on the Tax Invoice. Under no
circumstances, the Form would be issued to SHIP-TO customer.
5. Timelines for submission of Forms / request for issue of Forms ( Pt. 2-4, above ) would be as below:
a. Submission of C Form: All C Forms against concessional inter-state sales must be submitted by the customers (complete in all aspects) and
received at MJ office for every quarter by the last day of the subsequent quarter ( except for the E1 customers wherein it has to be submitted
within 60 days from the end of the quarter , so that E1 form can be issued well in time ).
In case of non-receipt of C form as aforesaid; Debit Notes for the differential tax would be raised in the following month, after the end of succeeding
respective quarter. b. Request for issue of E1 Form: Customers eligible for issue of E1 Forms, are required to provide Quarterly E1 transaction details
in the specified format, on or before the 5th working day of the subsequent month.
Requisite documents along with the enclosures should be submitted within 60 days of the end of the quarter . This shall be entertained subject to
receipt of C Forms along with correct endorsement as mentioned above. Any requests / applications / details / documents (as mentioned above),
received beyond the above timelines shall not be accepted or processed under any circumstances. c. Application for OVAT404: All applications for
OVAT404 from eligible customers need to be received at MJ office within 2 month from the end of the financial year. Any application received beyond
this point shall not be entertained under any circumstances
METHODOLOGY FOR ALLOCATION OF QUANTITY IN YANKEE BIDDING
Assume that the total quantity available is 800 mt. and customers bid for certain quantity (in MT) at a certain price as illustrated in following table
(minimum bid quantity is assumed as 200 MT= 1 UNIT):
Bidder Bid Time Bid Quantity in Units Bid Price Allocated Qty. In Units
B 9.40 1 15000 1
F 9.39 2 14800 2
D 9.36 1 14800 0
A 9.32 1 14800 1
E 9.34 1 14800 0
C 9.30 2 14750 0
Explanation for the Allocation of Quantity
1. Bidder B is the highest bidder @ Rs.15000/MT, hence the system allocates his bided quantity i.e., 200 mt = 1 Unit.
I. Since bidder F’s bid was for 400 MT ( 2 Unit ) (Highest at Rs.14800/MT) the system allocates his bid quantity in full.
II. Since bidder A placed his bid earlier than bidder D & bidder E i.e. 9.32 Hrs hence the software gives first preference to Bidder A
III. and allocates bidder A the available quantity ( i.e. 200 MT = 1 Unit) first.
3. Since, all the quantity is exhausted at higher bid price than Rs.14750/MT, therefore no quantity is allocated to Bidder C. If Bidder C wants to win
any quantity then he has to place bid in terms of higher price and/or greater quantity.
“Photographs of lots are at best indicative only and do not necessarily reflect the actual condition of lots. All bidders are advised to physically inspect
the offered lots before participating in the auctions. Tata steel or MJ shall not be responsible or liable for any error of judgement or bids put by
bidders acting on the basis of these photographs.”