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Registration on the GeM (Government e-Marketplace) portal is a mandatory step for sellers looking to engage in the public procurement process in India. Once registered on the GeM portal, sellers gain the ability to apply for Vendor Assessment, list their brands, products, and services, participate in bidding processes, and accept orders from various government entities. This platform facilitates seamless participation in government procurement activities.
GeM (Government e-Marketplace) registration is the process by which businesses and vendors can enroll on the GeM portal, which is a digital marketplace established by the Government of India for facilitating online procurement of goods and services by various government departments, organizations, and agencies. GeM registration is essential for sellers and service providers who wish to participate in government procurement processes. It allows them to showcase their products and services, participate in bids, and receive orders from government entities.
To register on the GeM portal, businesses typically need to provide necessary information and documentation, including details about their company, tax-related information, and bank account details. Once registered, they can list their products and services on the platform and engage in government procurement activities.
The GeM portal aims to promote transparency, efficiency, and cost-effectiveness in government procurement, making it an important platform for both businesses and government organizations in India.
Let's take a closer look at the benefits of Private Limited Company registration in India:
GeM provides a direct platform for businesses to participate in government procurement processes, expanding their market reach.
Vendors on GeM can showcase their products and services to various government departments and agencies, increasing their customer base.
GeM promotes transparency in procurement by displaying product specifications, prices, and supplier details, which helps in fair competition.
The online platform streamlines the procurement process, reducing paperwork, and administrative burdens for both buyers and sellers.
GeM ensures that government procurement adheres to legal and regulatory standards.
Overall, GeM registration provides businesses with opportunities to engage in government procurement, streamline operations, and potentially increase revenue while contributing to the transparency and efficiency of public procurement in India.
The initial step in the process of registering as a seller on the GeM portal is to create an account. It is important to note that GeM registration should be completed by an authorized person within the organization, such as the Director of the Organization or a key person/proprietor. The registration process typically involves using the Aadhaar or PAN Card details of the key person within the organization for verification and authentication.
Company Profile on the GeM portal is categorized into four mandatory sections: PAN Validation, Company Details, Office Location, and Bank Account. Additionally, there are three optional sections: MSE, Startup, and Tax Assessment. After profile completion, caution money payment is required, with the amount determined based on the turnover of the company.
After the successful payment of the caution money, sellers are required to apply for Vendor Assessment on GeM to obtain the OEM (Original Equipment Manufacturer) certificate. GeM Vendor Assessment is a mandatory step for sellers aiming to participate in the public procurement of Q1 and Q2 categories of products. It's important to note that manufacturers must become OEMs regardless of the product categories they intend to sell on the GeM Portal. The Vendor Assessment process for GeM is conducted by the Quality Council of India (QCI).
Once vendors have obtained OEM (Original Equipment Manufacturer) status on GeM, they gain the ability to list their brands within the relevant categories of products and services. This applies to vendors who have trademark-registered brands, vendors who own brands without trademark registration, as well as vendors offering unbranded products. This flexibility allows a wide range of vendors to showcase their products on the GeM platform.
After listing their brands, dealers, manufacturers, and service providers must proceed to list their specific products and services on the GeM portal. This step is known as Product Listing on Government e-Marketplace. Once the listing is submitted, the products and services will become visible on the GeM website after they are approved by the GeM Authority.
Following the listing of products and services, sellers on GeM can actively participate in bidding processes and accept orders. OEMs also have the option to appoint or authorize resellers to list their products and services on the platform after obtaining the necessary approvals. This flexibility in appointing resellers allows OEMs to expand their presence on GeM.
| GeM Registration Fees | Gem Registration Fees |
|---|---|
| Less than ₹1 Crore | ₹5,000/- |
| Between ₹1 crore - 10 crore | ₹10,000/- |
| More than ₹10 crore | ₹25,000/- |
| Fee for Vendor Assessment | ₹11,200 + GST |
Applicant can list their brand on the GeM portal easily whether:
After the GeM registration process, the dealers, manufacturers, and service providers have to list their products & services on the GeM portal. This process is called Product listing on Government e-Marketplace. The products and services of the sellers/vendors will go live on the GeM website after the listing is approved by the GeM Authority.
In GeM, there is a "Direct Purchase" mode that is permitted for low-value transactions. This mode enables buyers to directly procure goods or services from any available seller on GeM, provided that the seller meets the buyer's specified quality, specifications, and delivery time requirements. This streamlined process is designed for efficiency and expediency in low-value transactions on the platform.
Government procurement has always been an important aspect of government operations. The government's goal in implementing GeM was to improve public procurement transparency, efficiency, and speed. GeM provides e-bidding, reverse e-auction, and demand aggregation solutions to help government agencies receive the best deal possible. The Government e-Marketplace (GeM) is a federal government e-commerce portal. It serves as a one-stop shop for the convenient online acquisition of consumer goods and services required by numerous government departments. The GeM's major goal is to ensure that the procurement of supplies is transparent, effective, and timely.
The government has issued circular No. P-45021/2/2017-PP (BE-II) indicates that for public procurement on GeM, the government prefers to make in India or MII-certified OEMs. The Government of India has made it a policy to encourage "Make in India," or MII, and to promote the manufacturing and production of goods and services in India in order to increase income and jobs.
All vital government and kingdom government ministries/departments including its connected/subordinate places of work, principal and state self sufficient bodies, vital and state public quarter gadgets and neighbourhood our bodies etc. are authorised to make procurement through GeM portal.
Certain Buyer organizations are eligible for concession on GST if goods for which bids have been invited fall under classifications for eligibility of concession are met by the institution.
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