Customs Department to Auction Seized Goods in Bengaluru on December 30

Bengaluru : The Bengaluru Customs Department, operating under the Central Board of Indirect Taxes and Customs (CBIC), will conduct an auction of seized goods on December 30.

These items, which were illegally imported into the country, will be made available to the public at much lower prices than their market value. According to information provided by the Customs Department, the auction will feature a range of electronic goods including mobile phones, computers, iPads, and televisions.

How to Participate in the Auction

The goods, which were seized by the Customs Department due to a lack of proper documentation, will be auctioned off to the public after a period of storage. The original owners can retrieve their seized items by paying fines and penalties within a prescribed period. However, if the items are not claimed, they are sent to Customs warehouses and put up for public auction.

This auction will be conducted through the MSTC (Metal Scrap Trade Corporation) e-commerce portal, where registered individuals can place their bids. A variety of products will be up for grabs, including electronics, vehicles, electrical appliances, furniture, and clothing—all at lower-than-market prices.

How to Register for the Auction

1. Visit the MSTC e-commerce website: Navigate to the official website of the Metal Scrap Trade Corporation (MSTC).
2. Search for Auction: On the homepage, click on the blue-colored ‘Search Auction’ tab.
3. Select Auction Details: Choose ‘Upcoming Auction’ and select ‘All’ from the options. Enter the start and end dates, and then filter by office location:
   • State: Karnataka
   • City: BLR-MSTC Bangalore Office
   • Item Type: Electronics (Computers, Phones, Tablets, Peripherals). Click on ‘Search’ to proceed.
4. Enter CAPTCHA: You will be prompted to enter a CAPTCHA to proceed.
5. Click on the Auction Link: After entering the CAPTCHA, scroll down and search for the auction link under the ‘mobile/tablet’ section.
6. New User Registration: For new users, you can register by following the step-by-step video guide provided on the website. During registration, you must accept the General Terms and Conditions (GTC) and the Buyer Specific Terms and Conditions (BSTC).
7. Buyer Registration Form: After agreeing to the terms, complete the buyer registration form. You will need to provide your email, mobile number, GST registration number (if applicable), and other necessary details.
8. Email and Mobile OTP Verification: Upon submitting the form, you will receive OTPs (One-Time Passwords) on your email and mobile number. Enter these OTPs to verify your registration.
9. Payment Process: After successful registration, you can proceed to the e-payment portal. Payment can be made via NEFT or RTGS, and once payment is completed, a payment challan will be generated.
10. Start Bidding: Once your payment is processed, you will gain access to the live auction page where you can participate and place bids for the items you wish to purchase.

More Information on the Auction

The auction will feature a range of seized goods, including mobile phones, laptops, electronics, and other consumer goods. All items will be available at significantly discounted prices, making this a valuable opportunity for buyers. The online platform ensures that the process is transparent, and bids will be accepted in real-time.

Participants can visit the MSTC portal on the auction day to select and bid on the items they want to purchase. The customs department’s online auction system aims to make seized goods available to the public while ensuring proper legal processes are followed.

This auction provides an opportunity to acquire goods at discounted prices while ensuring that seized items are disposed of properly. The Customs Department urges all interested buyers to register and participate in the upcoming auction scheduled for December 30.

Also Read: RBI issued new guidelines for minimum balance in Saving Bank Account