ONLINE AUCTION SALE Yarn Preparation, Weaving & Miscellaneous

8) You receive a fully-descriptive invoice in order that you may arrange
payment as soon as possible with our bank. Absa Limited, Wynberg,
7800, Cape Town, South Africa.
9) You employ a reputable freight-forwarding organisation. Please note
that many of the machinery removal companies in this country are not
necessarily freight forwarders. We will be pleased to advise accordingly.
10) You have read the Conditions of Sale.
15. Please Note: a) We cannot allow removal of any lot from the Auction Site until our
Accounts Department has received notification from our bankers that
your payment has been properly cleared in full. Monies must be
transferred to ourselves within the time stated in the “Notice to
Purchasers” on the preceding page.
b) If there are any special arrangements that you wish to make with us,
you must contact us at least three days before the Sale date.
c) VAT PAYMENT AND RETURNS
All non South African Purchasers will be charged VAT at the current rate
on each lot purchased. This will be refunded to you as soon as we
receive a copy of the bill of lading as proof of export. We are unable to
refund the VAT on the Buyers Premium.
South African Companies:
All South African companies or individuals will be charged VAT at 14%
on the purchase price and the Buyers Premium.
FAILURE TO CONFORM TO ALL OF THE ABOVE WILL RESULT IN
VAT BEING LEVIED AND REFUNDS ONLY BEING MADE UPON
RECEIPT OF SATISFACTORY EXPORT DOCUMENTATION.
If you intend to export your purchases using your own transport (either
by Sea or Air) then VAT will be levied and refunded upon receipt of
satisfactory documentation.
Henry Butcher reserve the right to refuse to accept the bid of any
attendee should they be unable to satisfy Henry Butcher on any of
the above