MSTC Ltd Nominated by DGFT for Conducting Gold TRQ E-Auction

MSTC Ltd has been nominated by the Director General of Foreign Trade (DGFT), Government of India, as the consultancy/service agency to conduct the e-auction of Gold Tariff Rate Quota (TRQ) on a single source basis. The agreement is valid till either party terminates it. MSTC will provide service for online administration of allocation of TRQ for import of gold bullions and other commodities. The major revenue will be the transaction fees payable by each bidder to MSTC before submission of bid in each e-tender.