mstcindia.co.in MSTC Registration, Auction Login 2024

Official Website : ⁠mstcindia.co.in MSTC Registration, Auction Login 2024. mstc e commerce login, forthcoming e auction

Mstc Registration, Auction Login 2024

If you are looking to participate in online auctions or access various bidding opportunities through MSTC Limited, registering on their official website, mstcindia.co.in, is a crucial first step. MSTC, a Government of India enterprise, offers a robust platform for e-auctions, including those for coal blocks, minerals, and other assets. By registering, you gain access to essential features such as auction notifications, bidding options, and detailed documents necessary for informed participation. This article will guide you through the MSTC registration process, how to log in to your auction account, and the key features available to registered users.

Unique Features of the Portal :

Free Registration : Registration is cost-free; users can create their own ID and password.
Help Desk : Registered suppliers receive auto-generated email notifications about programs.
Buyer/Purchaser Registration : Mandatory for accessing the portal.
Model Selection : Buyers can choose from various available models.
Customisation : Customisation requests can accommodated promptly.
Bid Flexibility : Techno-commercial bids can submitted online or offline.
Comparative Statements : Post-bidding, buyers can view comparative statements using their ID and password.
Automatic Price Comparison : After approval, comparative price statements are automatically generated.
Confidentiality : All pages are password protected to ensure data security.
Vendor Access : Comparative statements can made available to participating vendors if desired.
Digital Security : Digital signatures and data encryption ensure compliance with CVC guidelines.

Registration Methodology for Minor Mineral Block E-Bidding :

To participate in the e-bidding process for Minor Mineral Blocks, bidders must register on the MSTC Limited e-auction website. Follow these steps for registration:

Visit the MSTC Website : Go to mstcecommerce.com and click on “REGISTRATION”.
Choose Registration Type : On the registration page, select “Register as Buyer” to proceed.
Complete the Registration Form : Fill in the online registration form with accurate information. Create and note down your user ID and password. Maintain the secrecy of these credentials as you are responsible for any misuse.
Accept Terms and Conditions : Tick both checkboxes to accept the General Terms ‘n’ Conditions and Buyer Specific Terms ‘n’ Conditions of e-Auction. Review these terms by clicking the respective links before submission.
Review and Submit :
- Verify the details entered and submit the form. A confirmation email will sent to your registered address, instructing you to submit the following documents:
- Self-attested Income Tax PAN Card (Firm’s PAN for companies or proprietor’s PAN for proprietorships)
- Photocopy of the Latest Income Tax Return
- Photocopy of Sales Tax Registration Certificates
- Signature of the Contact Person verified by the Bank on its letterhead (or Bidder’s letterhead with full branch address)
- PAN Card of the Contact Person
- A letter to MSTC with the DSC serial number for login and bidding
- Confirmation email from MSTC with buyer registration details
- Non-refundable registration fee of Rs. 1,000/- plus applicable service tax (total Rs. 1,150/-) via DD in favour of “MSTC Limited” or through RTGS /NEFT.
Inform E-Payment : Email the payment details (UTR No, Buyer No, date of payment) to [email protected].
Submit Documents : Send the required documents to MSTC Limited for verification. Scanned copies can emailed to [email protected]. Include the DSC serial number in the email body.
Contact for Assistance : For help with the login process, contact MSTC Limited offices. Details are available on the MSTC website mstcindia.co.in.
Final Steps : After MSTC verifies the documents and registration fee, they will activate your login. MSTC reserves the right to request additional documents if needed. Upon completion, you can log in to MSTC’s website and participate in the bidding process.

Details for RTGS /NEFT are :

Bank	IDBI Bank
Branch	K.G Marg Branch, New Delhi
Branch Address	Surya Kiran Building, Ground Floor, 19 K.G Marg, New Delhi-110001
RTGS /NEFT /IFSC CODE	IBKL0000011
Account Type	Current Account
Account No.	0011102000079958
Company Name	MSTC Limited
Company Address	Jeevan Vikas Building, 1st Floor, 30/31A Asaf Ali Road, New Delhi-110002
MICR Code	110259001

Downloading Process for Paid Documents :

Free Documents : These can downloaded without registration and include:

Standard Tender Document
Mine Summaries
Standard CMDPA

These free documents help potential bidders get a preliminary understanding of the mines they might interested in.

Paid Documents : Detailed mine-specific information is available for a fee of Rs. 5,00,000/- per mine. To access these:

Payment Process :

Log in to the MSTC website and go to the ‘Download Mine Dossier’ tab.
Make payment through the e-Payment link available under your login.
Payments for multiple mines can consolidated into a single transaction. Complete an online RTGS application form, print it out, and transfer funds to the specified beneficiary account.
If you have online banking, you can make the payment directly. After transferring the funds, email the UTR number and payment details to MSTC.

Document Access :

Once MSTC confirms receipt of payment, the link to download the documents will activated.
Documents may in formats such as doc, xls, ppt, pdf, jpg, jpeg, zip, etc. Ensure you have the necessary software to download and view these files.

Direct Access : Clicking the ‘e-Payment’ link will redirect you to the e-Payment page.

Payment Schedule :

Instalment Amount	Payable By	If Not Paid Within
33% of Bid Amount	Within 7 days from the date of approval /acceptance	EMD + First Installment shall forfeited
33% of Sale Value	Within 60 days from the date of approval /acceptance	EMD + First Installment + Second Installment shall forfeited
Balance Sale Price including EMD	Within 90 days from the date of approval /acceptance	EMD + First Installment + Second Installment + Final Installment shall forfeited

Interest on Installments :
- A 10% simple interest will charged on the 2nd and final installments if payment is delayed beyond the stipulated dates.
- Failure to pay installments along with interest before the due date will result in forfeiture of EMD and all installments paid.

Important Rules for Bidding in E-Auction :

Requirements :

Computer Setup : One PC with a reliable internet connection.
Email : A valid email address.
Registration : Register on mstcecommerce.com.
Pre-Bid EMD : Payment of the pre-bid Earnest Money Deposit (EMD).

General Rules for E-Auction :

Bidder Responsibility : Ensure eligibility as per applicable laws. TSIIC and MSTC are not liable for violations.
Authority Powers : TSIIC reserves the right to forfeit the entire amount and cancel the bid unilaterally in case of fraud, mischief, unlawful transactions, or cheating, either during or after the auction.
Additional Costs : Successful bidders must pay all rates, taxes, fees, and levies to the relevant authorities from the date of allotment.
Right to Modify : TSIIC may defer, cancel, alter, amend, or modify the auction notification at any time.
Nomination Validity : The nomination remains valid until the plot is officially registered in the bidder’s name.
Correspondence : All correspondence will sent to the registered address. Details entered during registration cannot changed post-auction.
Postponement Notice : Any e-auction postponement will communicated via email.
Plot Auction : Auctions will follow the schedule. Un-disposed plots may re-auctioned at the authority’s discretion.

OFFICIAL WEBSITE >> ⁠mstcindia.co.in >> Mstc registration, Auction Login

CLICK HERE – to access all the information regarding Mstc registration, Auction Login

Mstc Registration, Auction Login 2024
Unique Features of the Portal :
Registration Methodology for Minor Mineral Block E-Bidding :
Details for RTGS /NEFT are :
Downloading Process for Paid Documents :
Payment Schedule :
Important Rules for Bidding in E-Auction :
General Rules for E-Auction :
OFFICIAL WEBSITE >> ⁠mstcindia.co.in >> Mstc registration, Auction Login
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