Prepared by : IA.GSF

PURPOSE TO CLEAR UP BLOCKED CAPITAL & GENERATE REVENUE.

TO REDUCE STORAGE SPACE & COST OF MAINTENANCE.

CATEGORIES OF SCRAP

SERVICEABLE SURPLUS-NOT REQUIRED BY FACTORIES.

REPAIRABLE STORES. UNSERVICEABLE ITEMS. SCRAP GENERATED BY PRODUCTION. UNSERVICEABLE PLANT AND MACHINERY. WASTE PRODUCTS LIKE COAL, ASH, SAWDUST

ETC.

BY FACTORYDGS&D THROUGH OF BOARDMETAL & SCRAP TRADING CORP.

ISSUE TO SISTER FACTORYISSUE TO MILITARY ORG, GOVT.

DEPOTS & PSUSISSUE TO PRIVATE CONTRACTORS.DISPOSAL BY PUBLIC AUCTIONDISPOSAL BY ADVERTISED TENDER

ENQ.DISPOSAL THRO DGS&D & MSTC.

PLANT & MACHINERIESSERVICEABLE (THRO M.A.S)REPAIRABLEBEYOND ECONOMICAL REPAIR

MT VEHICLESLIGHT VEH - 1,50,000 KMS/7 YEARSVAN/TRUCK - ----DO----JEEP, TRUCK 1/1.5T ----DO----TRUCK 3/5/7/7.5 T 1,08,000 KMS/7

YEARSTRACTOR/DUMPER 22,000/7 YEARS

MATTERS INCIDENTAL TO DISPOSAL

GROUND RENT

BELATED PAYMENT

EARNEST MONEY

SECURITY DEPOSIT

ACCOUNTING BY BRANCH AOs

VERIFICATION OF LIFTING ORDERS BY MATERIAL SECTION.PREPARATION OF PUNCHING MEDIA.VERIFICATION OF QUANTITY FROM ISSUE VOUCHER.RECORDING SALE PROCEED IN THE SALE

REGISTER.ADJUSTMENT IN THE P.S.A OF DIFFERENCE OF RATE

AUDIT POINTS

CHECK BIN CARDS.CHECK RESERVE PRICE OF EACH ITEM.CHECK REALISATION OF GROUND RENT.CHECK IF LIFTING ORDER IS SHORT CLOSED.OBJECTION MAY BE RAISED IN CASE OF METAL SCRAPS GENERATED ARE NOT SENT TO MSF FOR PROCESSING.