Scrap Business in India | Full Guide on MSTC
Welcome to Leegal Business Series, your trusted guide for legal, tax, and business compliance insights.
In this 22-minute in-depth episode, we explore how to start and scale a Scrap Business in India using MSTC, IREPS, and eAuction platforms — India’s most powerful government-backed systems for trading iron, steel, vehicle, and industrial scrap.
We’ll cover how to register, bid, lift, and profit from auctions while staying 100% compliant. Whether you’re a startup, MSME, or local trader, this guide will show how to earn legal profits through government auctions and build a sustainable recycling business.
Leegal offers complete consultancy for:
✅ MSTC / IREPS registration
✅ Digital Signature Certificate (DSC)
✅ GST, MSME, Pollution NOC, and Trade License
✅ Legal documentation, audit & compliance setup
📞 Contact Leegal: +91-9572191163
🌐 Visit: https://leegal.in
📩 Email: info@leegal.in
🎯 “Empowering MSMEs, Traders & Startups through Legal Intelligence.”
🕒 Timestamps (22:00 Min Breakdown)
00:00 – 00:30 | Introduction / Hook
India’s scrap industry revolution
Why eAuction = digital goldmine
00:31 – 02:00 | Market Potential of Scrap in India
Government data & industry size
Role of MSTC, IREPS, CoalJunction
02:01 – 04:00 | Understanding e-Auction Platforms
What is MSTC / IREPS?
Categories of scrap materials
Who can participate
04:01 – 06:00 | Registration Process Step-by-Step
Required documents (PAN, GST, MSME, DSC)
Portal navigation & setup tips
How to deposit EMD securely
06:01 – 08:00 | Live Bidding Process Explained
How to bid in real time
Auction dashboard walkthrough
Common beginner mistakes
08:01 – 09:30 | Post-Auction Workflow
Payment & lifting procedure
Transport & warehouse management
09:31 – 11:30 | Legal & Compliance Checklist
GST, MSME, Trade License, NOC
How Leegal helps in complete documentation
11:31 – 13:00 | Avoiding Account Suspension
Common compliance failures
Smart monitoring & renewal process
13:01 – 15:00 | Profit Strategy for Scrap Dealers
Price sourcing & resale strategy
Partnering with recyclers
Managing operational costs
15:01 – 16:30 | Real Success Story (Jharkhand Case Study)
₹4 lakh auction → ₹1.2 lakh profit
Lesson on planning & timing
16:31 – 18:30 | Challenges in Scrap Business
Fraud prevention, fake bids, late lifting
Tips for maintaining profitability
18:31 – 20:00 | Growth Potential & MSME Opportunities
Scrap industry under Green India Mission
Support for startups & local recyclers
20:01 – 21:00 | Leegal Support Services
MSTC / IREPS registration & setup
Legal + compliance solutions for traders
21:01 – 22:00 | Conclusion & Call to Action
Summary + motivation
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🏛️ About the Speaker:
Adv. Gaurav Kumar is a practicing Advocate at Jharkhand High Court and the Founder & CEO of Leegal — India’s trusted consultancy firm for Tax, Legal & Compliance Services. With years of expertise in helping MSMEs and businesses scale compliantly, he brings actionable insights for those operating in the coal sector.
💼 About Leegal:
Leegal is a leading consultancy empowering businesses with end-to-end services in Taxation, Legal Advisory, and Statutory Compliance.
Our specialized support in tendering, bidding, and licensing ensures MSMEs and startups stay compliant and growth-ready.
🌐 Visit: https://leegal.in
📞 Contact: +91-9572191163
📧 Email: sales@leegal.in
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Disclaimer: This video is for informational purposes only. Leegal Services does not guarantee procurement outcomes and viewers are advised to seek professional consultation for specific legal, tax, and compliance matters.
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