Frequently Asked Questions |
1. What is the name
of MSTC’s website for purchase of coal? |
Ans. MSTC’s website for purchase of coal is www.mstcecommerce.com/coalauctionhome |
2. How to get
registered with MSTC for purchase of coal? |
Ans. (i) Log on to our website at www.mstcecommerce.com |
(ii) Click the link e-Auction à Mineral Resources |
(iii) Click on the link ' ‘Register’. |
(iv) Two options will appear: (a) Register as Buyer and (b) Register as Seller. |
(v) Select and click on "Register as Buyer" option. |
(vi) Buyer's Registration Form will appear on the screen. Fill up the desired
information. |
(vii) All field’s marked with * are mandatory and must be
filled in. |
(viii) Select your User ID and Password and keep a note of the
same. |
(ix) Tick in the checkbox for General terms & conditions
and Buyer specific Terms & Conditions of e-auction. |
(x) After filling up the form click on the ‘Submit’ button. |
(xi) ’
All the information typed in the form will be displayed to you ‘for
Check & Verification’. If the information is correctly entered then click
on ‘Submit’ button. |
(xii) On successful registration the system will send you an
email and also inform you instantly to submit
Self Certified copies of relevant documents to be submitted as mentioned
below: |
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(b) A copy of PAN Card of the Company/Proprietor. |
(c) A copy Valid GST Certificate of the company. |
(d) Registration fee
can be deposited online using given
link-Login for New/Deactivated Bidders(https://www.mstcecommerce.com/coalauctionhome/e-Payment_deact.jsp) |
The Registration fee: In order to participate in our on-line
e-auctions, bidders/buyers are requested to pay a non-refundable registration
fee of Rs.2,000/- + applicable GST i.e at present@ 18 %, Rs.360/- = Rs.2360/- (Rupees two thousand three hundred sixty only). |
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Photo Identity Card’ shall be issued after activation of account. |
3. Who is eligible
for registration / participation in “SCCL and
CIL-SPOT
e-Auction” for procurement of
coal? |
Ans. Any Indian buyer (viz. individual, partnership firm,
companies etc) can register/participate Spot e-auction for procurement of
coal.Please click here, for CIL-Spot e-Auction scheme Please click here, for CIL-Spot e-Auction scheme |
4. Is there any free site for intended bidders/customers to view coal eauction catalogue ? |
Ans. Yes, our site www.mstcindia.co.in is
a free site containing all relevant details related to our company including
information about coal e-auctions. However, e-auction is not conducted on
this site. |
5. How to login? |
Ans. Please follow the following steps: Step 1. Visit our site www.mstcecommerce.com Step 2. Click on the link e-Auction. Step 3 . Click on Step 4. Click on ‘ Coal e-auction ’ Step 5. Enter your User Id and Password Step 6. Select as a buyer. Step 7. Press the login button provided on the page. |
6. After getting
registered with MSTC, when can I receive the user id and password? |
Ans. MSTC will never provide customer User id and Password. The
customer during registration has to submit a form online, the form has a
field named ‘Preferred User Id’ and ‘Password’, which is to be provided by
customer as per their choice. In short, we would like to inform that
whosoever fills the form online provides the User Id and Password, knows the
same. |
7. In case I forget
my password how to reset/retrieve my password? |
Ans. Please follow the given steps: Step 1. Visit our site www.mstcecommerce.com Step 2. Click on the link e-Auction. Step 3 . Click on Step 4. Click on ‘ Coal e-auction ’ Step 5. Click on the link ‘Forget Password’ Step 6. Select type as buyer
provide User Id, e-mail, PAN No. and bank detail, as per registered
record in the system. New password will be generated by system automatically and
resend to registered e-mail of buyer. |
8. How one can apply for Reactivation ? |
Ans. Each coal bidder
is activated for a specific time period (called Validity).Post
validity coal bidder account get deactivated . One can
apply for re-activation of coal bidder a/c post deactivation . The
Renewal fee is Rs.2360/-. (Rs.2000/- for Reactivation + 360/- as
Applicable GST @18% at present). Reactivation fee can be paid /can be deposited
online using given link- Login for New/Deactivated Bidders available at MSTC Coal Buyer Login page
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9. How do I know
whether my validity is about to expire? |
Ans.: Step 1.
Login into our site www.mstcecommerce.com/coalauctionhome Step 2. Click on the link My profile. Step-3 Check option-I Card Validity A message pops-up whenever a customer login to
the site www.mstcecommerce.com/coalauctionhome indicating no. of days remaining before
the validity expires. The message appears only when validity left for the
expiry is less or equal to 30 days. |
10. How can I change
my user id? |
Ans.: Each customer is having a unique ‘User id’ which can never be changed. |
11. How EMD can be deposited ? |
Ans. A customer can deposit EMD by the following ways: (A). EMD through RTGS/NEFT: Coal buyer can also remit EMD by
generating RTGS/NEFT challan through buyer login at MSTC–Coal e-auction
page: http://mstcecommerce.com/coalauctionhome/index.jsp. by
clicking at ‘CIL
EMD PAY’.
Please find below the details of our bank account: Beneficiary name: MSTC escrow e-auction Credit A/c No.: MSCOAL0XXXXX (XXXXX -Buyer registration No. If buyer reg.
No is less than 5 digit put 0 before that ) IFSC Code: HDFC0004989 (B). e-payment /online
EMD payment facility: Bidder only needs to have an account with HDFC
banks to send the EMD through e-pay and must have the net banking facility. For ease, please follow the steps given below to transfer EMD
amount to MSTC’s (i) Log onto our website www.mstcecommerce.com/coalauctionhome using your
user id and password. (ii). Click on ‘EMD pay HDFC ’. (iii). Click on the button ‘e-Pay’ and select your bank as ‘HDFC’. (iv). Now put the desired coal e-auction EMD amount in the
space provided and click on button ‘Pay EMD now’ (v). Buyer shall now be redirected to the website of HDFC
bank. (vi). Using your HDFC, login id and password,
bidder can transfer the desired amount to designated account of MSTC for coal auction. Note: (a) You do not need to write anything in addition to what have
been mentioned above. (b) Always use your user name and
password to complete the above stated procedure. If you use someone else’s
user name and password, the EMD received shall be deemed to have been
transferred by the person / company whose user name and password have been
used. (c) Credit towards MPQ in the auction will be given by MSTC to
any bidder only on receipt of fund in its account and on confirmation of the
same by HDFC Bank. Hence, bidders are advised to transfer the money well in
advance to avoid any problem during the auction. (d) Credit towards MPQ in
the auction shall be given for all those transfers of EMD which were
successfully credited in the bank statement upto one working day prior to the
day of auction and is subject to confirmation of all details by HDFC Bank. (C). Customer can deposit DD/PO drawn on HDFC Bank in any CMS
branch of HDFC Bank at least Two Working Days before e-auction date in which
the bidder intend to participate, along with duly
filled in pay -in-slip (CMS Deposit Slip). MPQ will be allotted only on
receipt of confirmation / MIS from HDFC Bank. In the CMS deposit slip the client code should be ‘MSTCCOAL’ if the PO is drawn on HDFC Bank. For PO drawn on any bank other than HDFC Bank, the client code
should be ‘MSTCDD’. Don’t forget the mention your MSTC buyer number & Company
name in the CMS deposit slip in the drawee column. |
12. How do I know
the date and start time of e-auction being held on your website? |
Ans. You can either log on to www.mstcecommerce.com/coalauctionhome and then view under the link View
Forthcoming e-Auctions or you can visit our corporate website
www.mstcindia.co.in , click on ‘Upcoming Event’ Link then click on link ‘Coal e-Auctions’ and then check the schedule of Spot
e-Auctions for the month from there. We also inform all the registered coal
buyers through email whenever a new e-auction is hoisted on our website. You
can also register yourself with us for getting regular SMS Alerts on your
mobile number for forthcoming e-auctions. |
13. How do I know
the changes in auction (like change of quantity, change in time of auction,
deletion of colliery etc.)? |
Ans. Necessary changes in auctions are displayed on MSTC’s coal
webpage at respective coal companies’ links through
corrigendum/notices/revised offer notices etc. The changes can also be viewed through
customer’s login. The Subsidiary Coal companies also display
notices/corrigendum/revised officer, if any on their official website for the
coal buyers/bidders. |
14. Can buyer
transfer EMD from one account to another account? |
Ans. No. Each registration of coal buyer is treated as separate
account. |
15.Can buyer
transfer coal EMD to MSTC on same day of e-auction? |
Ans. No. EMD is to be deposited by bidder/buyer by way of
RTGS/NEFT at least one day before of e-auction date. Intended
Bidders/buyers are advised to remit the EMD amount at least two working days
advance from e-auction date. However, the EMD amount must be credited in
MSTC’s account one day before of e-auction date. |
16.Whether
registration/renewal fee can be adjusted from balance EMD of the customer? |
Ans. No. |
17. How do I know
whether I have been allotted coal in an auction? |
Ans. All the successful buyers will be intimated about the
allotment of coal through Sale Intimation/Final Allocation Letter after completion of an
e-auction. A copy of the same will also be available under e-Auction Status/2nd Stage Auction on your Home page. |
18. Do I need to
deposit EMD separately for each subsidiary of coal India? |
Ans. NO. The EMD deposited by bidder/buyer through Net banking/e-payment
is global EMD. The buyer can participate in any of the coal auctions made
available into their login. But also please
note that “Bank Guarantee (BG)” is coal company specific. So EMD submitted in
the form of BG should be utilized specifically coal company auction(s) wise
only. |
19. How do I
participate / bid in an e-auction? |
Ans. Please follow the procedure given below: i) Only those customers registered with mstcecommerce.com as
a buyer of coal & whose account is active shall be eligible to
participate in e-Auction of coal. ii) The e-Auction shall be scheduled for a period of TWO (2)
hours only with the provision of extensions of 5 min in case any bid is
received in the last 5 min before scheduled close time of auction. iv) The rate of EMD per MT of coal is as follows. SPOT Auction A) Rs 500/MT for Coal
India Subsidiaries(BCCL/ECL/CCL/NCL/MCL/WCL/SECL),NEC
& for Singareni Collieries Company Limited (SCCL) B) Rs 100/MT in case of washery slurry, washery rejects,
washery fines and low grade coal for Singareni
Collieries Company Limited (SCCL)
v) Minimum Bid quantity
SPOT AUCTION OF COAL ROAD MODE It will be 50 MT
for Coal India Subsidiaries(BCCL/ECL/CCL/NCL/MCL/WCL/SECL)
and NEC & It will be 51 MT for
Singareni Collieries Company Limited (SCCL) RAIL MODE 1 Rake. vi) A bidder can bid for any quantity, up to the offered
quantity from any particular source for auction provided he has submitted
requisite EMD. There is no restriction on maximum quantity that one can bid. vii) For a given source, a customer can increase his bid any
no. of times. viii) The bidding will start from Reserve Price
specified against each source. The bidder will have to quote a price
equal to or higher than the Reserve Price for that source to secure
consideration in the concerned e-auction. Bidder should keep a
watch on “Alloted Oty “ field in the live auction
floor to check for any outbidding and bid accordingly . ix) Prior to scheduled start time of an auction, the auction catalogue
will be available under the ‘link Forthcoming Auction' x) If any bid is received during the last 5 minutes before
scheduled close of auction for any source, its close time will get
automatically extended by 5 minutes from the time of last bid in order to
give all the bidders equal chance to revise their bid. xi) Bidding will close for a particular source either at the
scheduled close time or till there will be period of 5 minutes in which no
bid is recorded for the source, whichever happens later. xii) Coal will be allotted to the H-1 Bidder on the basis of
rate, quantity quoted and time of bid in order of preference. xiii) The customers will be intimated about the allotment of
coal through Sale Intimation Letter after the completion of e-auction. A copy
of the same will also be available under e-Auction Status on their Home page.
However, it will be the responsibility of the bidder to check his status in
an auction. |
20. I want to know how
much EMD is available in my account with MSTC for coal auction? |
Ans. Please logon to www.mstcecommerce.com/coalauctionhome site with
your User id and Password. You can either check your e-ledger online or click
on the link ‘My MPQ’. Please note that the above links are static
link which are updated after closing of coal auctions. Therefore
if a customer is participating in live coal auction then the current EMD
status can been viewed from the live auction floor of an ongoing coal
auction. |
21. How to apply for
EMD refund? |
Ans. Please logon to www.mstcecommerce.com/coalauction site with your
User id and Password. Click on link ‘EMD Refund Request’ and enter the amount in Rs to be
refunded. Choose the mode of receipt as RTGS/NEFT and submit the button ‘Submit request’. |
22. In how many days
EMD will be refunded from the date of applying? |
Ans. Generally EMD refund request is processed within three (3)
working days from the date of receipt of request. |
23. Can EMD be
refunded through RTGS/NEFT to coal buyer? |
Ans. Yes. EMD can be refunded directly to coal buyer’s registered
bank account through RTGS/NEFT facility. EMD refund will be facilitated on
receipt of online request from buyer’s login only. However, the coal buyer
has to submit duly filled RTGS Mandate Form and/or original cancelled cheque. |
24. To whom to contact
in case of problem related to EMD transfer/EMD refund or any issue related
F&A? |
Ans. In such cases or any Finance & account related issues
pertaining to coal, bidders can directly contact the officials of Coal cell
(Finance & Accounts) on Phone or write email to Coalcellfin1@mstcindia.in, coalcellfin2@mstcindia.in |
25. If I have
forgotten to download sale intimation letter and the same has been deleted
from my e-mail. How can I obtain the sale intimation Letter? |
Ans. A copy SALE INTIMATION LETTER will also be available
under e-Auction Status in your coal login to download/print. Or you can e-mail
from your registered email ID to coalcell@mstcindia.co.in requesting
to send fresh sale intimation letter mentioning the MSTC Buyer no and details
about the date of auction etc. |
26. What is the procedure
for change of contact person? |
Ans. Required
Documents 1. An application
for change of contact person and contact details like email ID, Mobile No.etc
2. Authorization letter
for the new contact person/Copy of Board resolution 3.Copy of PAN &
One passport size photo of the new authorized/ contact person 4.Old I-card(s)
issued by the customer(If I card Not available,
please submit copy of FIR/an undertaking on Non judicial stamp paper
regarding lost/damage…etc of I card) Processing fee Rs 1180/- (Rs.1000 + Applicable GST @18 % at present) to be paid Online in MSTC Bank a/c ** *-Please refer serial No-29 for Online
Submission of documents & fee |
27. What is the
procedure for change of address? |
Ans. Required
Documents 1.An application for
change of address/ to update GSTN 2. Address proof (e.g. GST certificate) 3.Old I-card(s)
issued by the customer(If I card Not available,
please submit copy of FIR/an undertaking on Non judicial stamp paper regarding
lost/damage…etc of I card) Processing fee Rs 1180/- (Rs.1000 + Applicable GST @18 % at present) to be paid Online in MSTC Bank a/c ** *-Please refer serial No-29 for Online
Submission of documents & fee |
28. What is the
procedure for change of Company Name? |
Ans. Required
Documents 1.An application for
change of Company Name 2. GST certificate,
Fresh certificate of Incorporation issued by ROC (applicable in case of
Private LTD/LTD Company). 3.Company PAN 4.Old I-card(s)
issued by the customer(If I card Not available,
please submit copy of FIR/an undertaking on Non judicial stamp paper
regarding lost/damage…etc of I card) Processing fee Rs 1180/- (Rs.1000 + Applicable GST @18 % at present) to be paid Online in MSTC Bank a/c * * *-Please refer serial No-29 for Online
Submission of documents & fee |
29. MSTC Bank A/c details for
depositing Processing
fee? |
Ans. BENIFICIARY NAME : MSTC LIMITED COAL CELL CREDIT
ACCOUNT NO: MSRENT00XXXXX(XXXXX -Buyer reg No.If
buyer reg. No is less than 5 digit put 0 before that) BANK
:HDFC BANK LTD BRANCH
: Kanjurmarg
Branch, Mumbai IFSC
CODE : HDFC0004989 Note- 1. Payment should be
made only from buyer a/c Name (As in record of MSTC). 2. Given a/c meant only for submitting Processing
fee only and should not be used for submitting EMD. 3.All self attested documents for profile change along with Transaction details of processing fee can be emailed at coalcell@mstcindia.co.in |
30. What is the
Process of Changing registered Bank A/c No? |
Ans. Bank a/c can be changed/ updated by sending RTGS MANDATE FORM and/or Cancel cheque along
with a request letter. Coal Bidder can email “RTGS MANDATE FORM” duly authorized by
Bank officials and / or Cancel cheque to Coal Cell Finance officers-Coalcellfin1@mstcindia.in, coalcellfin2@mstcindia.in
to update their Bank a/c. RTGS MANDATE FORM can be downloaded from option-“Download” from coal login page |
31. From what date
the validity of registration of customer will be extended? |
Ans. The validity date of registration is extended from the date
of expiry of validity. |
32. How can I know
the name of the customers who are bidding in an auction? |
Ans. It is not possible. The identity of the bidder/buyer bidding
is hidden. |
33. Once a bid is
made can some request for withdrawal of the same? |
Ans No, bid once registered with our server can never be
withdrawn. |
34. Can a company
nominate more than one contact person? |
Ans. No. |
35. Where can I find
the details of applicable taxes and duties for purchase of coal from
different coal companies? |
Ans. In most of the cases the Coal Companies provide details of
applicable taxes either in the Terms and Conditions of the e-auction or they
are provided under the link ‘Statutory Charges’ provided for each coal company on
their official website as well as www.mstcecommerce.com/coalauctionhome |
36. On which browser
can we access mstcecommerce.com web site? |
Ans. You are recommended to use ‘Internet explorer
version 10 and above’. |
37. What is
Transaction Password? |
Ans. It is a password required at the time of bidding. |
38. How to create a
Transaction Password? |
Ans. Step i.
Login in to the web site www.mstcecommerce.com/coalauctionhome with user id
and password. Step ii. Click on the link Change your password. Step iii. Choose the option button: transaction password. Step iv. In the column Old Password [login /transaction] enter your login password. Step v. In the column new password, you may create your new
transaction password. Step vi. In the column Confirm password, you may type the transaction
password entered in step v. Thus your transaction password in created. |
39. In case a
customer forgets his transaction password, how can he obtain the same? |
Ans. Follow steps provided in FAQ no 40. |
40. What digital
signature is required to participate in the coal auctions? |
Ans. Class II and Class III (b) digital signature can be used. |
41. How to
Register/Verify Digital Signature in buyer login? |
Ans. Step -i.
Login in to the web site www.mstcecommerce.com/coalauctionhome with user id
and password. Step ii. Click on the link “Register/Verify Digital Signature” Step iii. Agree with the prompt message from our site. Step iv. DSC would be displayed in the Pop box by TCS. Step v. Choose your DSC and click ok. System shall ask for password
of DSC. Step vi. System shall display the message of successful DSC
registration after it accepts the password. Thus your DSC is registered. |
42. How to resolve
issues related with settings of the computer which block the active X
controls or add-on from MSTC ecommerce site for DSC registration? |
Ans. The settings of the computer can be configured according to “DSC guide”, link given at the coal
login page: http://www.mstcecommerce.com/coalauctionhome. OR one can contact MSTC CENTRAL HELPDESK - |
43. Which browser
works fine for coal e-auction? |
Ans.. Coal buyers have option to use any browser of their choice
for participation. However, since DSC verification is necessary for bidding,
Internet Explorer (IE) is advisable to use. It is to be noted that MSTC web
portal for coal e-auction is best viewed in IE version 10.0 & above. |
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