MSTC License Registration

MSTC License Registration

Overview

What is MSTC?
stands for Metal Scrap Trade Corporation — a Government of India enterprise under the Ministry of Steel. It operates e‑commerce and e‑auction platforms used by government departments and public sector undertakings (PSUs) to conduct online auctions, e‑tenders, and e‑procurement processes for a variety of goods and services (e.g., scrap metal, coal, industrial assets, attached properties

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Key Achievements

·       MSTC has modernized government scrap trading by moving to online auctions.

·       Provides  real-time access to procurement opportunities for vendors and buyers.

·       Known for transparent, monitored, and accountable online trading processes.

Ducuments for MSTC

1. Proof of Identity & Business

Notarized copy of PAN Card (for company/firm or proprietor)
Sales Tax / VAT Registration Certificate (or GST certificate)
GST registration and PAN are generally required to complete the vendor’s KYC and tax identity verification.

2. Bank Verification

Bank certificate (from your bank where your account is maintained) — on bank letterhead confirming account details
3. Photos

Two colour passport-size photographs of the authorised person (proprietor/ partner/ director)
4. Additional Supporting Documents (varies by activity)

Depending on the type of auction or procurement activity you want to participate in, additional documents may be requested:
✔ Latest Income Tax Return copy (sometimes asked)
✔ Partnership deed (if applicable, for firms)
✔ Proof of business address / firm registration documents (e.g., certificate of incorporation, trade license)
✔ GST Registration (if selling or trading goods/services) and matching details with PAN
✔ For certain items (e.g., hazardous waste), special regulatory certificates (e.g., pollution control board licences) may be required.

5. Digital Signature Certificate (DSC)

Although not always submitted with initial registration documents, you need a valid Class-II or Class-III Digital Signature Certificate if you plan to submit online bids/ tenders.

6. Registration/Participation Fees

In many MSTC e-auction registrations (e.g., coal or general auctions), you may be asked to pay a non-refundable registration fee before activation — often by demand draft / online payment.

Apply for MSTC

1. Visit the Official Portal

Go to the MSTC e‑commerce website:

2. Start New Registration

Click “New User” → Select “Supplier” (or “Buyer,” depending on your role).
Agree to the Terms & Conditions that appear.

3. Fill Registration Form

Enter all details accurately and generate your User ID & Password — keep these safe.

4. Submit Documents

Submit notarized or attested copies of required documents such as:

·         PAN card

·         GST/Sales Tax certificate

·         Bank certificate

·         Passport size photos of the authorized person
These are sent to an MSTC regional office (e.g., Kolkata or others).

5. Pay Registration Fee (if required)

Depending on the type of registration (e.g., certain auctions or buyer accounts), you may need to pay a non‑refundable registration fee (e.g., Rs. 2,000–Rs. 10,000 or as applicable) plus service tax.

6. Verification & Activation

MSTC verifies your documents and payment. Once approved, your account gets activated and you’ll receive confirmation (email and/or update on portal).

7. Obtain Digital Signature Certificate (DSC)

To participate in most e‑tenders and e‑auctions, a Class II or Class III DSC is required. You can get this from a Certifying Authority and map it to your MSTC account.

Important Things

✅   Activation can take time since documents need verification.
✅   Registration gives access, but eligibility to specific auctions depends on event criteria.

Key Objectives

 · Scrap and Material Trading

·         Acts as a facilitator for the sale and purchase of ferrous and non-ferrous scrap, waste materials, and by-products.

·         Ensures transparent pricing and fair market practices.

  · E-Auction and E-Procurement Services

·         Provides a digital platform for PSUs, government departments, and private participants to conduct online auctions and tenders.

·         Used for sale/purchase of coal, minerals, metals, and industrial assets.

  · Consulting and Advisory

·         Offers technical and market advisory services related to scrap and material sales.

  · Revenue Generation for the Government

·         Generates income for the Ministry of Steel by acting as an intermediary and service provider.

Summary

MSTC is essentially a government-owned e-commerce and auction facilitator. It started as a scrap trading corporation but now manages e-procurement, e-auctions, and digital trading platforms for various materials and assets, ensuring fair and transparent trading for government and private participants.

FAQ

  • When was MSTC established?

    MSTC was established in 1964.

  • Under which ministry does MSTC work?

    MSTC works under the Ministry of Steel, Government of India.

  • Is MSTC registration mandatory to participate in auctions?

    Yes, registration on the MSTC portal is mandatory to participate in e-auctions or e-tenders.

  • Can private companies use MSTC services?

    Yes, private companies can use MSTC services if permitted by the auction/tender conditions.