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Successful
bidders, who do not pay any cost towards the allotted quantity of
coal / rakes and apply for refund of EMD no refund can be made and
EMD equivalent to full allotted quantity is to be forfeited. EMD for
unallotted quantity /
rakes, received by WCL will be refunded.
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If
the successful bidder has made only partial payment towards coal
value, then in this case, full EMD of allotted quantity will have to
be forfeited.
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If
the successful bidder pays full value of coal but fails to lift
allotted rakes or cancels the order, entire EMD will have to be
forfeited for rail sale.
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If
successful bidder deposits coal value for all the rakes allotted but
fails to lift some rakes or cancels some rakes, the EMD for unlifted
and cancelled rakes will be forfeited.
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If
successful bidders pertaining to road sale pay full value of coal
but lifts only partially then EMD equivalent to unlifted quantity
will be forfeited.
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For
the purpose of forfeiture of EMD, allotment on each source /
colliery / siding will be treated as independent one.
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After
completion of lifting against the Delivery order, there may be some
cases where the unlifted quantity is less than one truck quantity
i.e. less than 9 MT. In such cases, consumers may apply for refund
against the balance coal value.
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In
case the balance is more than one truck and failure is attributable
to bidder the refund will be made after forfeiting EMD equivalent to
unlifted quantity.
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The
consumers' application will be sent to Road Sales Section by the
Area Sales Manager enclosing therewith the copy of the original
Delivery Order and also the summary of lifting and bills raised.
This application should be forwarded to HQRs., by the Area.
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Once
the rake is moved and coal bill is also received by Commercial
section of S&M Deptt., the process of refund of EMD and the
balance coal value, if any, will be initiated after receipt of the
application from the consumer as under:
Application alongwith the original Money Receipt issued to the
consumers will be forwarded to the office of GM(Fin.) by Commercial
section of S&M Deptt. The details of the coal bills also be
furnished alongwith the forwarding letter. In certain cases of
shortfall in lifting, Operation Section will certify that the
unlifted quantity is not attributable to the party for non-lifting
of coal but is a normal shortfall due to variation in
weighment, entire amount of EMD alongwith the Coal value for the
unlifted quantity will be refunded.
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The
consumer's application will be processed in Sales Accts. section on
compliance of all requirements and the refund cheques will be sent
to Commercial section for onward deposit to consumer / applicant.