Important Information
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 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) - DEPENABLE ON EXPORT COUNTRY
VIEWING CONTACT INFORMATION
PANABID AFRICA OFFICE - (+27) 66 274-9808
ANRIE LLOYD - (+27) 72 255-0080
VIEWING INSTRUCTIONS
TBA
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
Terms & Conditions
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 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) - DEPENABLE ON EXPORT COUNTRY
VIEWING CONTACT INFORMATION
PANABID AFRICA OFFICE - (+27) 66 274-9808
ANRIE LLOYD - (+27) 72 255-0080
VIEWING INSTRUCTIONS
TBA
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