1.1. In these General Conditions the following words and expressions shall have the meanings set opposite:
“Auction” any auction (whether a Live Auction or an Online Auction and whether conducted independently or simultaneously) conducted under these General Conditions and the Special Conditions;
“Auctioneer” – the person conducting the Auction or to whom the conduct of the
Auction is delegated under General Condition 4.9 below;
“Bidder” – any person who offers to purchase any Lot whether by bidding at an Auction or offering to purchase by private treaty or tender;
“Bid” – an offer to purchase any Lot whether by bidding at an Auction or offering to purchase by private treaty or tender, and “Bids” and “Bidding” shall be construed accordingly;
“Buyer” any person who agrees to purchase any Lot whether at Auction or by private treaty or tender and as determined under General Condition 4.12 below;
“Buyers Premium” – a commission payable by the Buyer on the completion of a Sale the amount of which is set out in the Special Conditions; The Auctioneer, when acting as an Agent for the Seller may also receive a commission from the Seller.
“Catalogue” – the catalogue incorporating these General Conditions and the Special Conditions;
“Clearance Date and Time” – the date and time on which all Lots must be removed by the Buyer from the Location as specified in the Special Conditions;
“The Company” – Boustead Tobacco (company number 9824321 ) whose registered the office is at 78 Saint Johns Street, London, EC1M 4JA United Kingdom;
“Deposit” – the sum payable by the Buyer to the Company as set out in the Special
“Live Auction” – any auction conducted at the Location or at such other location(s) as shall be notified by the Company in the Special Conditions or in the Catalogue;
“Location” – the premises at which the Lots are located, details of which are set out in the Special Conditions;
“Lot” – any Lot described in the Catalogue, on the Website or on the Company’s invoice;
“Online Auction” – any auction conducted over the internet via the Website under these General Conditions and the Special Conditions;
“Sale” – the sale of any Lot by Auction, private treaty, or tender and as determined under General Condition 4.11 below;
“Seller” – the person upon whose instructions the Company is conducting the Sale, details of whom are set out in the Special Conditions;
“Special Conditions” – any additions to these General Conditions set out or referred to in the Catalogue, announced at Auction or otherwise specified by the Company;
“Website” – the website at www.bousteadauctions.com;
“VAT” – value-added tax shall not be chargeable unless the seller and buyer reside in the same country and the buyers country’s Law should for the time being and any similar additional tax.
2.1. These General Conditions apply to every Sale of tobacco, tobacco products tobacco merchandise, and trade stocks conducted by the Company.
2.2. These General Conditions, the Special Conditions, and any terms set out in the catalogue shall together comprise the “Conditions of Sale”.
2.3. To the extent that these General Conditions are inconsistent with any Special
Conditions, the General Conditions shall prevail.
2.4. Bidding for any Lot shall be deemed to be an acceptance by the Bidder of these General Conditions and the Special Conditions.
2.5. These General Conditions shall be governed construed and enforced following the laws of the United Kingdom
2.6. A reference to writing or written shall include e-mail.
2.7. Any word or phrase having a meaning defined in these General Conditions shall have the same meaning when used in the Special Conditions.
3.1. The Company offers each Lot as agent of the Seller and not as principal unless otherwise indicated in the Catalogue.
3.2. The identity of the Seller is set out in the Special Conditions.
3.3. Unless the Company has previously acknowledged in writing that the Bidder
Bids as agent on behalf of a named principal, every Bidder shall be taken to Bid on his behalf as principal.
3.4. Any Bidder acting as an agent on behalf of a named principal shall remain liable to the Seller and the Company for all obligations and liabilities of his principal jointly and severally with the principal. The Bidder warrants that he has the authority of his principal to make each Bid made.
3.5. Every Bidder is required to give his name and address and provide satisfactory proof of identity and such other information and documentation as is required to the Company before making any Bid and in the case of:
3.5.1. a Live Auction by the completion of a registration form;
3.5.2 an Online Auction by online registration at the Website; and
3.5.3 a private treaty or tender by prior registration or notification of details, as and when requested by the Company.
3.6 The Company reserves the right at any time to reject the registration of any persons and refuse access to the Auction at its sole discretion.
3.7 On registration for an Online Auction Bidders will be added to the Company’s mailing list for notification of future sales by email. If a Bidder wishes to stop receiving such notifications they can unsubscribe at any time by clicking on the link provided at the bottom of each email.
3.8 On registration following General condition 3.5 the Bidder acknowledges that only adults aged 18 years and over are entitled to enter into a legally binding contract and as a result, they are the only people entitled to register for the Auction. By registering the Bidder warrants that he is aged 18 years or older and is capable of forming a legally binding contract.
4.1 Any Lot may be subject to a minimum bid or reserve price. The Seller is entitled to change these at any time before the conclusion of the Sale.
4.2 The Seller, Auctioneer, or any representative, agent, or person acting on behalf of the Seller may Bid for any Lot. Persons entitled to Bid under this condition 4.2 shall be entitled to place Bids on any Lot up to the reserve price including by placing Bids in response to other Bidders.
4.3 Lot descriptions will be amended as appropriate as and when information becomes available to the Company. Prospective Bidders must read Lot descriptions before making a Bid so that they are fully aware of any amendments to the description appearing in the Special Conditions and/or on the Website or in the Catalogue about a particular Lot.
4.4 The Auctioneer may at any time before the conclusion of the Sale withdraw or divide any Lot or combine any Lots.
4.5 The Company may sell any Lot by private treaty or tender before or after the Auction. The Auctioneer may reject any Bid at his sole discretion and without being required to give a reason.
4.6 No Bid shall be retracted without the consent of the Auctioneer.
4.7 The Auctioneer may where there is a dispute between Bidders, summarily determine the dispute or immediately again offer the Lot for sale, in each case without being required to give a reason.
4.8 The Auctioneer shall in every other respect decide how the Auction is to be conducted and without being required to give a reason.
4.9 The Auctioneer may in his sole discretion delegate to a person whom he believes to be competent the conduct of the Auction following these General Conditions.
4.10 The Auctioneer may from time to time act jointly with an associated Auctioneer who will be named in the Catalogue and/or in the Special Conditions.
4.11 A Sale is concluded (constituting acceptance of the Bidder`s offer, subject to General Condition 4.12 below) when:
4.11.1 in the case of a Live Auction, on the fall of the Auctioneer`s hammer; and/or,
4.11.2 in the case of an Online Auction, at the close of the timed Online Auction Sale as specified on the Website and as defined by General Condition 4.17.3 below or;
4.11.3 in the case of a private treaty or tender, when the Bidders Bid is accepted by the Company, such acceptance to be communicated to the Bidder in writing by way of receipt of the Company’s invoice.
4.12 The Buyer shall be the person who made the highest Bid before the conclusion of the Sale under General Condition 4.11 above subject to approval and acceptance by the Company, the Auctioneers and the Seller or such other Bidder as
the Auctioneer and/ or the Company may declare to be the Buyer without being required to give a reason. The Auctioneer and/ or the Company and/ or the Seller is not bound to accept the highest Bid or any other Bid placed in the course of the Auction.
4.13 In the case of an Online Auction the Buyer, as determined under General Condition 4.12 above, shall within a reasonable time after the conclusion of the Sale receive by email an invoice in respect of the monies due for the Lot(s) purchased.
4.14 If the reserve price is not met, the Company may consider the Bids received below the reserve price with the Seller who at its sole discretion may accept, reject or place a counteroffer.
4.15 On conclusion of the Sale and acceptance of the Bidders Bid under General Conditions 4.11 and 4.12 above, the Buyer acknowledges and agrees that he has entered into a contract with the Seller to buy the Lot and the Buyer must complete the transaction to purchase the Lot.
4.16 The Buyer may not remove any Lot he has bought until after the end of the Auction.
4.17.1 the Company cannot guarantee that the internet services will operate continuously or without interruptions and this could affect the conduct of the Online Auction and the Bidders ability to Bid online. The Company shall not be liable in any respect in the event of any dispute due to errors, omissions, or disruptions to the internet services or power failures or any other unforeseen circumstances which may occur during the Online Auction;
4.17.2 the Auctioneer may at any time, without notice, postpone or cancel an Online Auction or extend an Online Auction beyond the published closing time (including an extension of the timed Online Auction following General Condition 4.17.3
4.17.3 the timed Online Auction Sale is an auto bid extension enabled meaning that where a Bid is placed within ten minutes of the original scheduled close of the timed Online Auction the scheduled close of the timed Online Auction will automatically be extended by an additional ten minutes. This continues with a new scheduled close
time each time a Bid is placed until no-one places a Bid before the last scheduled close of the timed Online Auction. Every time a Bid is placed within ten minutes or
less left in the Online Auction an additional ten minutes of Bidding time is added until there are no more Bids. Such time shall then be deemed to be the close of the timed Online Auction.
4.18 If the Auctioneer unknowingly sells a Lot that was not eligible for Sale (i.e. there is a third party interest that comes to light) then the Auctioneer shall be entitled to immediately rescind that Sale without any further liability to the Auctioneer and/or Company or the Seller.
4.19 Copies of the Auctions (Bidding Agreements) Act 1927 and 1969 are held at the Company’s and/or the Auctioneer’s principal place of business.
5.1 The Buyer shall pay the following sums to the Company in full and without set-off:-
5.1.1 immediately upon the sale of any Lot the Deposit, if requested by the Company;
5.1.2 the balance of the price of the Lot purchased, together with the Buyer’s Premium by no later than 48 hours after the conclusion of the sale or, in the case of an Online Auction, after receipt of an invoice in respect of the purchased Lot(s) according to General Condition 4.13 above, or such other time and date as may be specified in the Special Conditions; and
5.1.3 any other payment or amount due to the Seller and/or the Company according to these General Conditions or the Special Conditions on demand.
5.2 In every case time for payment shall be of the essence.
5.3 because of Money Laundering Regulations the Company reserves the right to refuse payment in cash. Payments in cash of more than £50,000 will not, in any circumstances, be accepted.
5.4 If the Buyer fails to make any payment on the due date for payment then, without limiting any other right or remedy available to the Seller, the Buyer shall pay to the Company interest (both before and after any judgment) on the amount unpaid at the
rate of 1.5% above the bank base rate of Barclays Bank Plc per month or any part thereof until payment in full is made.
5.5 Until the Buyer has fully complied with its obligations in this General Condition
5.5.1 title to any Lot bought shall not pass to the Buyer;
5.5.2 the Seller shall have a lien over any Lot bought by the Buyer in the Auction;
5.5.3 if the Buyer effects or purports to effect a resale or any other disposition of all or
part of the Lot, the Buyer shall hold the proceeds of resale or other disposition on trust for the Seller.
5.6 All sums payable under these General Conditions and the Special Conditions are exclusive of any applicable VAT for which the Buyer shall be additionally liable to pay to the Company. On written request by the Buyer, the Company will provide a VAT
5.7 The Company will only accept payment under this General Condition 5 from the Buyer or its authorised agents.
6.1 Seller shall arrange all shipping, export documentation, phytosanitary certificates, certificate of origin, export documentation, fumigation certification on behalf of the buyer but to the buyer’s account. The buyer shall arrange all customs clearance, bonds, duties payable and these shall be entirely to the buyer’s account.
6.2 The Buyer shall furnish the seller with all shipping details, shipping schedule entirely, insurance and ownership shall be transferred to the buyer and without any liability whatsoever to the Company.
6.3 Buyers are responsible for any costs and expenses incurred concerning the shipping and any other applicable charges, taxes, and insurance costs.
6.4 The Buyer may not remove any Lot until the Buyer has:-
6.4.1 paid by cleared funds all amounts payable according to General Condition 5 above in full; and
6.4.2 if requested by the Company produced satisfactory evidence to the Company that the Buyer has adequate public liability insurance in respect of the indemnity set out in General Condition 6.11 below and/or deposited with the Company, by way of
security for the costs of making good any damage likely to occur, such sum as the Company may stipulate.
6.5 The Company will only permit the removal of Lots purchased by the Buyer or its authorised agents.
6.6 The Buyer must arrange for each Lot purchased by the agreed shipping Date.
Lots may only be removed during normal working hours or such hours as are
specified in the Special Conditions. No clearance on Bank or Public Holidays.
6.7 Buyers should co-operate regarding order of removal of Lots in order to comply with the Clearance Date and Time. If a Buyer makes no effort to commence shipping of the particular Lot is preventing other buyers from removing purchased Lots, then the Auctioneer reserves the right to insist that removal take place immediately notwithstanding the specified Clearance Date and Time. In the event the Buyer does not comply with its obligations under this General Conditions.
6.7, then the Auctioneer reserves the right to arrange for the removal and/or storage of the Lot and charge any attendant costs to the Buyer.
6.8 The Buyer and/or his shipping contractor must liaise with the Company`s site representative prior to commencing shipping and must at all times comply with its obligations.
In all cases arising under this General Condition, the costs of compliance shall be borne by the Buyer and the Buyer hereby indemnifies the Company and the Seller against all losses, costs, expenses, damages, liabilities, demands, claims, actions and
proceedings which the Company and/or the Seller may incur arising directly or indirectly out of any breach by the Buyer to the provisions of this General Condition and the Buyer shall make good any damage caused to (without limitation) other lots,
the Location or to any property belonging to third parties, in removing any Lot under this General Conditions.
6.12 The Company shall be entitled to halt the clearance of any Lot if in its absolute
discretion the removal of a Lot is being carried out in an unsatisfactory manner.
Where the clearance is halted by the Company, the Buyer must liaise with the Company’s site representative as to how the Lot should be removed from the Location provided that the Buyer shall at all times ensure that it complies with its obligations under General Condition 6.11 above and the Company shall have no liability in this regard.
6.18 The Buyer must use safe and lawful means of removing the Lot, must comply with all current statutory requirements and regulations including those relating to the disposal and removal if waste, and if required, satisfy the Company in relation to their removal procedures; in particular, the removal of waste materials must be undertaken by an approved and licensed contractor to an approved waste management site.
6.19 It is the purchaser’s or their removal contractors responsibility (i.e. Police, Ministry of Transport, Local Authority) to transport off-site long/ wide loads, within sufficient time before the commencement of the clearance period as stated in the Special Notes & Conditions.
6.20 The Buyer shall indemnify the Company and the Seller against any loss, damages, expenses, claims, or liabilities arising directly or indirectly from the possession or use of the Lot after title to the Lot has passed to the Buyer but before it is removed from the Location.
6.21 The Buyer undertakes to comply with the provisions of the Data Protection Act 1998 in processing data held by them in connection with any Lot.
7.1 If at any time the Buyer has failed to pay the sums specified in General Condition 5 above in full by the due date for payment, or to remove any Lot purchased by the Clearance Date and Time specified in the Special Conditions the Seller may rescind the sale of that Lot, in which case any deposit shall be forfeit, and that Lot may be resold.
7.2 If the Seller has rescinded the Sale but the Buyer has removed the Lot purchased, the Seller shall be entitled without previous notice to enter upon any premises where he believes the Lot to be and remove it.
7.3 If the Seller has rescinded the Sale and the Lot has been resold by the Auctioneer and/or the Company or by the Seller, the Buyer shall reimburse the Seller with any shortfall where:-
7.3.1 the resale price less the Sale price; and
7.3.2 the costs incurred by the Seller incidental to the resale.
7.4 If the Buyer fails to remove any Lot by the Clearance Date and Time specified:-
7.4.1 the Seller may charge the buyer for storage or may remove the Lot from the Location.
7.4.2 the Seller may charge the Buyer for the reasonable costs of storage;
7.4.3 the Seller may charge the Buyer rent, taxes, wages and expenses incurred as a result of the Lot(s) remaining at the Location; and
7.4.4 the Buyer shall indemnify the Seller against any loss, damages, expenses, claims or liabilities incurred by the Seller arising from the Buyer’s failure to remove the Lot from the Location.
8.1 The Buyer acknowledges that in agreeing to purchase any Lot he is not relying on any warranties or representations made by the Seller or the Company or any of their employee’s agents or representatives. All representations, warranties and conditions, express or implied, statutory or otherwise in respect of all and any of the Lots are expressly excluded and without limitation any warranties and conditions as to title, quiet possession, satisfactory quality, fitness for purpose and description are excluded to the fullest extent as permitted by law.
8.2 The Buyer further acknowledges that neither the Sellers nor the Company shall in any circumstances be liable to or to compensate the Buyer nor shall the Buyer be entitled to rescind the Sale or reject any Lot for an error omission or misstatement contained in the Catalogue and/or in the Special Conditions.
8.3 The Buyer also acknowledges that:-
8.3.1 all the Lots are purchased on the basis that risk of good title to all or any of them passing to the Buyer is at the Buyer’s risk and without limitation the Lots are sold subject to any claims, liens, distraint and execution and subject to all leasing, hire or hire purchase agreements and reservation of title claims (if any) in respect of them;
8.3.2 if it shall be found that the Seller does not have title to all or any of the Lots the Buyer shall have no right to rescind, avoid or vary this agreement or to claim damages or a reduction in the price paid or payable;
8.4 The Buyer acknowledges and agrees that the Company is acting only as agent of the Seller and it is expressly agreed and declared that no personal liability in connection with the Sale of any Lot or otherwise shall fall on the Company and the Buyer shall indemnify the Company against all and any liabilities arising under or in connection with the Sale of any Lot. Insolvency Practitioner(s), including Administrative Receiver(s), Administrator(s) and Liquidator(s) act as agent(s) for the Seller without personal liability and shall incur no personal liability whatsoever in
relation to a Sale or pursuant to any document relating thereto.
8.5 The Buyer agrees that the General Conditions and the exclusions which they contain are fair and reasonable bearing in mind that:-
8.5.1 the Buyer must rely absolutely on the Buyer’s own opinion and/or professional advice concerning the quality, state, condition, performance and functionality of the Lots any right, title or interest which is sold under the terms of these General Conditions, their fitness and suitability for any particular or any purpose, the possibility that some or all of them may have defects not apparent on inspection and examination including, without limitation, the presence of contamination and the possibility that the Buyer may not acquire title and the fact that the Buyer would have
no remedy under this Agreement should that happen;
8.5.2 the Buyer has available to it skilled professional advice and on that basis agrees to purchase a Lot for a consideration calculated to take into account amongst other things the risk to it represented by the fact that the parties believe that all the exclusions and limitations set out in these General Conditions would be recognised as being fully effective by the Courts and the Seller making it clear that it would not
have agreed to sell any Lot on any other basis except for a higher consideration;
8.5.3 the Buyer has been given every opportunity which might reasonably be expected to examine and inspect the Lots.
8.6 Notwithstanding anything else in these General Conditions, the Seller’s and the Company’s total liability under or in connection with the Sale of any Lot, whether in respect of breach of contract, tort (including negligence), breach of statutory duty or otherwise, including consequential loss, shall be limited in aggregate to the price paid for the Lot or if no price has been paid then the higher of the market value or reserve
price for the Lot. This General Condition 8.8 does not apply to liability for death or personal injury.
8.7 The Buyer acknowledges that a Sale by Auction is not a consumer sale for the purposes of the Sale of Goods Act 1979 (as amended by the Sale and Supply of Goods Act 1994) and the Unfair Contract Terms Act 1977 and the Buyer shall not seek to rely upon and conditions or warranties implied thereby or by any other legislation.
Seller: As displayed on www.bousteadauctions.com sale details page or in the catalogue
Location: As displayed on www,bousteadauctions.com sale details page or in the catalogue
Directions: As displayed in the catalogue
Viewing: As displayed on www.bousteadauctions.com sale details page or in the catalogue
Access to the Location is allowed on the understanding that all persons attend the Location entirely at their own risk and are responsible for and will indemnify the Seller and the Company against any losses damage or claims occasioned by their presence at the Location.
Children under the age of 18 will not be allowed access to the Location.
All bidders must register their details with the Company and provide identification where required. In the case of Live Auctions by way of the registration form provided at the Live Auction or in the Catalogue and in the case of Online Auctions, online at the Website (www.bousteadauctions.com).
The General Conditions and the Special Conditions apply to all Sales by way of Auction, private treaty and tender and in the case of any Bids placed by way of Online Auction stress that all Bidders must read and understand Boustead Auctions terms and conditions of registration at www. bousteadtobacco.com.
At the close of the timed Online Auction Sale, final Bid figures will be submitted to the Seller for its approval and any Bid shall be subject to approval and acceptance by the Company and/or the Seller. No Bid may be withdrawn and the Company/Seller does not bind himself to accept the highest Bid or any other Bid placed in the course of the Online Auction Sale.
Buyers will pay a Buyer’s premium of 5%, ( as displayed on
www.bousteadauctions.com sale details page or in the catalogue) of the purchase
price for each Lot purchased whether by Auction or, private treaty or tender. The Buyer`s Premium is payable by the Buyer to the Company in accordance with the General Conditions and, for the avoidance of doubt is payable in addition to the purchase price for the Lot. The Buyer`s Premium is not negotiable and is payable by
all Buyers. Should successful bidders refuse to pay the fees, they will be reported our legal team and a court summons will be actioned.
Sellers will pay a Sellers`s premium of 5%, (as displayed on
www,bousteadauctions.com sale details page or in the catalogue) of the purchase price for each Lot purchased whether by Auction or, private treaty or tender. The Sellers’ Premium is payable by the Seller to the Company following the General Conditions and, for the avoidance of doubt is payable in addition to the purchase price for the Lot. The Seller`s Premium is not negotiable and is payable by
all Sellers. Should successful seller’s refuse to pay the fees, they will be reported our legal team and a court summons will be actioned.
Buyers shall pay a deposit of up to 25% of the purchase price for each Lot purchased as requested by the Company according to the General Conditions and these Special Conditions. The company reserve the right to take a deposit by way of a credit/ debit
card payment from the card presented for registration if the payment terms below are not complied with. A surcharge of 2% is applicable for credit card transactions.
All lots shall be paid for in full within 7 days of auction close. All payments shall be at the Buyers risk.
Cash – Because of Money Laundering Regulations, the Company reserves the right to refuse payment in cash. Payments in cash of more than £50,000 will not, in any circumstances, be accepted.
Bankers Draft/ Cheques: (made payable to Boustead Tobacco Ltd.) will only be accepted on the basis that any Lots are not removed until cleared funds are in the company’s client account.
Winning bidders who refuse to pay, regardless of accidental bids, sub-sequential loss, and personal circumstances, will be reported to our legal team. Further refusal to pay will result in a court summons and additional fees may be applied. By creating an account and registering to bid, you’re agreeing to these terms and therefore must
comply to our auction rules. Refusal to pay your invoice due to “someone else bidding in your account” is not a valid excuse and we deem this to be a fraudulent claim and will be reported to the police.
Debit Cards: The Company accepts debit & credit cards for payment of invoices (including American Express). We may request a small deposit for specific auctions of higher value which must be paid for by debit or credit card. Normally this amount is £20000.
All sums payable under the General Conditions and these Special Conditions are exclusive of any applicable VAT for which the Buyer shall be additionally liable to pay to the Company.
All lots must be cleared and shipped as per the buyers shipping schedule by the date as displayed on www.bousteadauctions.com sale details page or as agreed between the buyer and seller ., such date and time being the Clearance Date and Time as referred to in the General Conditions, please see the Company`s invoice for contact details. Should the buyer wish to extend the shipping schedule, appropriate warehouse cost shall be charged to the buyer.
Shipping from the site is the seller’s responsibility, the Company/ Seller may provide a packing/delivery service. This a breach of our terms and conditions and you will not be entitled to a refund unless you provide us with sufficient evidence for your failure to do so. All shipping costs are for the Buyer’s account.
Our shipping quotes are given after the sales invoice is cleared. Boustead Auctions use 3rd parties to quote and therefore the price we are given reflects the price given to the buyer. If the customer does not wish to accept the quote, then the buyer must arrange their shipping.
The buyer accepts full responsibility for the condition upon arrival from the sellers.
Boustead Tobacco Auctions will not be held responsible for any damages in transit and therefore will not honour refund requests or replacements.
In case of a fire alarm, all buyers, visitors, and contractors are to exit buildings and report to Muster Point.
No smoking on site. Food and Drink are only to be consumed in designated areas.
All persons including Buyers, their employees, agents, representatives and contractors are reminded that they are responsible for their safety on site and enter at their own risk and should take the precaution of wearing protective clothing as appropriate.
If Buyers wish to purchase Lots with the help of a finance company they should make arrangements well in advance of the sale to ensure that they can make a payment following the General Conditions.
Overseas Buyers should ensure that the country to which the items are destined:-
Overseas Buyers will receive a fully descriptive invoice so that they may arrange the payment as soon as possible with the Company`s bank.
Overseas Buyers should employ a suitable freight forwarding organisation.
The company makes no representation and accepts no liability whatsoever to any Buyer in respect of the issuance or validity of any exportation or importation permits or the existence and exercise of exportation or importation regulations or any compulsory purchasing regimes.
VAT Payments and Returns:
All overseas Buyers (EU and non-EU) will be charged VAT at the current rate on each Lot purchased. This will be refunded to the overseas Buyer as soon as the Seller receives a copy of the bill of lading as proof of export, providing this documentation is received within 3 months of the sale date.
Whilst every effort has been made to provide reliable information, Boustead Auctions do not warrant the information contained herein and prospective purchasers must satisfy themselves by inspection as to its correctness.