📝 Description
We are selling 19,968 kg of paraffin, supplied as petroleum paraffin ingots. The starting bid price for this auction is 14569 EUR. This item is being sold through an auction organized by the Customs Department under the Ministry of Finance of the Republic of Lithuania. Items are sold as is; buyers must assess the condition, quality, and completeness during inspection. No claims regarding quality, completeness, or defects will be accepted after purchase.
Auction registration opens on 2026-07-31 00:00:00 and closes on 2026-08-03 23:59:59. The main auction runs from 2026-08-06 09:00:00 to 2026-08-07 13:59:59. Participants must pay a 15 EUR registration fee and a 1500 EUR security deposit.
Inspection of the paraffin is available at Ugniagesių g. 14, Vilnius. Inspection appointments must be arranged at least one business day in advance by phone. The winning bidder must possess a valid EORI (Economic Operator Registration and Identification) code.
The winner must pay the difference between the final purchase price and the security deposit within 5 business days after the auction ends. Following payment, the Non-Union Goods Transfer Act must be signed, and the goods collected within 3 business days. Failure to meet these deadlines results in the forfeiture of the security deposit, and the winner may be liable for the costs of organizing a new auction.
Auction registration opens on 2026-07-31 00:00:00 and closes on 2026-08-03 23:59:59. The main auction runs from 2026-08-06 09:00:00 to 2026-08-07 13:59:59. Participants must pay a 15 EUR registration fee and a 1500 EUR security deposit.
Inspection of the paraffin is available at Ugniagesių g. 14, Vilnius. Inspection appointments must be arranged at least one business day in advance by phone. The winning bidder must possess a valid EORI (Economic Operator Registration and Identification) code.
The winner must pay the difference between the final purchase price and the security deposit within 5 business days after the auction ends. Following payment, the Non-Union Goods Transfer Act must be signed, and the goods collected within 3 business days. Failure to meet these deadlines results in the forfeiture of the security deposit, and the winner may be liable for the costs of organizing a new auction.
❓ Frequently asked questions
What is the quantity of paraffin (petroleum paraffin ingots) for sale and the starting price?
19,968 kg of paraffin in ingots is for sale. The starting bid price at the auction is 14569 EUR.
When will the main auction for 19,968 kg of paraffin take place at Ugniagesių g. 14, Vilnius?
The auction will run from 2026-08-06 09:00:00 to 2026-08-07 13:59:59.
What are the registration and security deposit fees for participating in the auction?
The participant registration fee is 15 EUR, and the security deposit is 1500 EUR. These fees are paid together.
Where and how can the paraffin be inspected before the auction?
The goods can be inspected at Ugniagesių g. 14, Vilnius; an appointment must be scheduled by phone at least one business day in advance.
What are the main obligations for the auction winner after acquiring the goods?
The auction winner must have an EORI code, pay the full price within 5 business days, and sign the transfer act and collect the goods within 3 business days after payment.
What is the liability if the winner fails to pay the full amount on time?
If the winner does not pay for the acquired goods within the stipulated timeframe, they lose the right to the goods and forfeit the security deposit paid. They may also be required to cover the costs of organizing a new auction.