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 EMALAHLENI AND SPRINGS, 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
⤷ LOTS LOCATED IN EMALAHLENI:
MONDAY TO FRIDAY FROM 08:00 TO 16:00
NO PRIOR APPOINTMENT REQUIRED FOR VIEWINGS
PPE NOT REQUIRED FOR VIEWINGS
⤷ LOTS LOCATED IN SPRINGS:
PRIOR APPOINTMENT REQUIRED FOR VIEWINGS
PPE NOT REQUIRED FOR VIEWINGS
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 EMALAHLENI AND SPRINGS, 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
⤷ LOTS LOCATED IN EMALAHLENI:
MONDAY TO FRIDAY FROM 08:00 TO 16:00
NO PRIOR APPOINTMENT REQUIRED FOR VIEWINGS
PPE NOT REQUIRED FOR VIEWINGS
⤷ LOTS LOCATED IN SPRINGS:
PRIOR APPOINTMENT REQUIRED FOR VIEWINGS
PPE NOT REQUIRED FOR VIEWINGS
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