ASSET CLEARANCE – INDUSTRIAL EQUIPMENT – ZA
DOCUMENTS
↘ COMPLETE AUCTION REGISTRATION FORM ONLINE
↘ DOWNLOAD AUCTION CATALOGUE
GENERAL INFORMATION
⤷ TAKE NOTE THAT A BIDDER’S ACCOUNT HAS TO BE CREATED, AND THEN AFTERWARDS YOU SHOULD OPT IN TO REGISTER FOR THE AUCTION AS WELL
⤷ REGISTRATIONS ARE OPEN EVEN IF AUCTION IS ONGOING
⤷ ALL LOTS ARE LOCATED IN VARIOUS LOCATIONS THROUGHOUT MPUMALANGA, GAUTENG & KWAZULU-NATAL – SOUTH AFRICA
⤷ ALL LOTS TO BE SOLD SUBJECT TO CONFIRMATION TO HIGHEST BIDDER
WHATSAPP LINES:
⤷ SOUTH AFRICA – (+27) 66 274-9808 / (+27) 72 255-0080
⤷ INTERNATIONAL – (+507) 6889-8047
REGISTRATION DEPOSITS AND CURRENCY
⤷ ACCEPTED CURRENCY – ZAR OR USD
⤷ REFUNDABLE REGISTRATION DEPOSIT – R5000.00 OR $500.00
⤷ ALL DUE DILIGENCE (FICA) DOCUMENTS MUST BE SUBMITTED ALONG WITH REGISTRATION FORM AND PROOF OF REFUNDABLE DEPOSIT PAYMENT TO panabidafrica@outlook.com
BUYER’S PREMIUM
⤷ BUYERS IN SOUTH AFRICA – 10% BUYER’S PREMIUM APPLICABLE
⤷ INTERNATIONAL BUYERS – 12% BUYER’S PREMIUM APPLICABLE
SALES TAX AND OTHER EXPENSES
⤷ TAKE NOTE THAT VALUE ADDED TAX (SALES TAX) IS CHARGED ON THE APPLICABLE BUYER’S PREMIUM AND ON THE SOLD PRICE (PURCHASE PRICE) OF AN ASSET
⤷ 15% VALUE ADDED TAX (SALES TAX) TO BE CHARGED ON THE SOLD PRICE (PURCHASE PRICE) APPLICABLE
⤷ 15% VALUE ADDED TAX (SALES TAX) TO BE CHARGED ON THE APPLICABLE BUYER’S PREMIUM
⤷ R2500 OR $250 CHARGE ONLY FOR LOTS WITH NATIS (REGISTRATION) DOCUMENTATION – PLEASE CHECK IF LOT HAS NATIS (REGISTRATION) DOCUMENTATION APPLICABLE
⤷ VALUE ADDED TAX (SALES TAX) RECLAIMABLE FOR SOME EXPORTS (INTERNATIONAL BUYERS) – DEPENDABLE ON EXPORT COUNTRY
VIEWING CONTACT INFORMATION
⤷ PANABID AFRICA OFFICE – (+27) 66 274-9808
⤷ ANRIE LLOYD – (+27) 72 255-0080
VIEWING INSTRUCTIONS
⤷ MONDAY TO FRIDAY FROM 08:00 TO 16:00 | SATURDAY BETWEEN 08:00 TO 12:00
⤷ PLEASE CONTACT (+27) 66 274-9808 FOR VIEWING ARRANGEMENTS
ASSET COLLECTION
⤷ ALL ASSET REMOVAL COSTS ARE AT BUYER’S OWN EXPENSE
⤷ CRANE FACILITIES ARE AVAILABLE FOR HIRE, DETAILS CAN BE SUPPLIED IF REQUESTED
⤷ TRANSPORT SERVICES AVAILABLE FOR HIRE, DETAILS CAN BE SUPPLIED IF REQUESTED
INVOICING AND PAYMENTS
⤷ ALL INVOICING WILL BE DONE ON CONFIRMATION OF ASSETS
⤷ INVOICES WILL BE SENT VIA EMAIL TO SUCCESSFUL BUYERS
⤷ ALL PAYMENTS CAN ONLY BE MADE VIA WIRED/ELECTRONIC BANK TRANSFERS
RELEASE OF ASSETS
⤷ ASSETS WILL ONLY BE RELEASED TO BUYERS ONCE FULL PAYMENT FOR ASSETS HAVE BEEN MADE AND CONFRIMED TO HAVE REFLECTED IN THE NOMINATED BANK ACCOUNT OF PANABID AFRICA OR PANABID