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Rule 35
Auction Sale Procedure
(1) For the auction sale of vehicles or heavy equipment with a minimum value of more than one lakh rupees, the customs office shall publish a notice in the daily newspaper of the national level and publish a notice in the daily newspapers of the national level, giving a deadline of twenty one days:-
(a) description of the vehicle or means of transport, engine number, chassis number and year of manufacture,
(b) Vehicle whose date of manufacture is more than ten years old or engine number or chassis number or year of manufacture is not revealed or most of the parts have been removed or the physical condition is weak and it is not suitable for maintenance and operation from the point of view of cost cannot be re-registered as a vehicle after the auction. matter,
(c) Minimum price,
(d) The method of sending the promissory note, the fee charged for the promissory note, the time, date and place of opening the promissory note, the details of the bank account in which the amount equal to ten percent of the number agreed to be deposited along with the promissory note and the gross receipt of the amount deposited in that account should be attached. (e) If any tax, duty etc. is levied on the auction item,
(f) Period for collection of auctioned goods,
(g) the place and time at which interested persons may view or observe the goods to be sold by auction,
(h) Other essential matters.
(2) In order to auction the goods other than the goods mentioned in sub-rule (1), the following things should be disclosed by giving a deadline of fifteen days and publishing a notice on the notice board of the relevant customs office and calling for a sealed price list or an open tender. Such information should also be sent to the relevant district administration office, goods office, district development committee office, office of the controller of funds and accounts and the office of the Chamber of Commerce and Industry:-
(a) the matters mentioned in clauses (a), (b), (c), (e) (f) (g) and (h) of sub-rule (1),
(b) Description of Goods,
(c) In case of calling for a sealed invoice, the method of sending such sealed invoice, the fee charged for the sealed invoice, the place, time and date of opening the sealed invoice
(d) bThe place and starting and ending time and date of auction promotion by Ula Bolakbol,
(e) That the auction starts from the minimum price,
(f) Before starting the auction, a cash deposit equal to ten percent of the minimum price must be kept and if the bid number increases, the deposit must be increased in the same proportion.
(3) In accordance with sub-rule (1) or (2) when requesting bids or sealed invoices, arrangements should be made for procurement and filing of bids or sealed invoices at the relevant customs office.
(4) According to the notice published according to sub-rule (1) or (2), the person who submits the bid or price list shall attach the gross receipt of depositing the amount of ten percent of the bid amount to the bank account designated by the customs office so that it does not fall below the minimum price.
(5) If the vehicle used to transport stolen goods or stolen goods that has been registered at the customs office is not suitable to be kept at that office due to lack of space or inability to protect it, the relevant customs officer shall determine the minimum value of such vehicle from the committee according to rule 54 and complete the process of this paragraph. can be made to sell by auction.