Guide On GeM Portal Registration

GeM Portal Registration

GeM Portal Registration

GeM, or Government e-Marketplace, is an electronic marketplace that has made procurement of goods and services very easy for government institutional entities right from purchasing to making a payment for the same. It makes the public procurement process faster and more efficient.

If you have a businessand want to sell your products to government entities, registering on GeM can open up a lot of business opportunities for you.

What is GeM Registration?

GeM stands for Government e-Marketplace. Through this Internet-based platform, central and state government organizations purchase goods and services. GeM seeks to enhance transparency, efficiency, and speed in public procurement. On the other hand, GeM uses tools related to e-bidding, reverse e-auction, and demand aggregation to guarantee the best value for money for government users.

Benefits of Registration on the GeM Portal

  • Access to the National Public Procurement Market
  • Dedicated sections for startups, MSMEsand Emporium products
  • Completely online, paperless and contactless marketplace
  • Generation of multiple invoices by a seller against an order
  • Ease of participation in bids and reverse auction
  • Countdown clock indicating the remaining time for seller participation in reverse auctions.
  • Reasons for rejection of their bids are given to the sellers
  • Seller-friendly dashboard for tracking Supplies and Payments
  • Exemption to Sellers from North-East states and J&K from ITR at the time of participation of bid
  • Dynamic pricing lets prices change per the changing market conditions
  • Direct Access to Government Departments and Organisations.
  • Startups registered with DPIIT are given priority to facilitate their growth.

Documents Required for GeM Registration

The documents required for the GeM registration are:

  1. PAN Card
  2. Udyog Aadhaar or MSSME certificate
  3. GST registration certificate
  4. Mobile number and e-mail ID
  5. Cancelled cheque copy
  6. Aadhhar card of Applicant
  7. Other supporting documents like photos and product list, if required.

GeM Registration Process

Step 1: Seller Registration on GeM

The first step for GeM registration is creating a seller account on the portal. This has to be done by an authorised person of the company(Director or Key Person/Proprietor). To sign up the authorized person can use his Aadhaar or PAN card.

Step 2: Up₹date the Organisation Profile

The next step is to complete your profile. There are four mandatory sections to be filled including PAN Validation, Company Details, Office Location, and Bank Account. There are other optional sections related to MSE, Startup, and Tax Assessment. You also need to pay caution money based on your turnover after updating the profile.

Step 3: Vendor Assessment on GeM

After paying the caution money, as a vendor you must apply for Vendor Assessment to get the OEM certificate. This is mandatory for selling categories Q1 and Q2 products. If you are a manufacturer, you must get an OEM certificate irrespective of the products you sell. RITES (Rail India Technical and Economic Service) conducts the Vendor Assessment.

Step 4: Brand Listing

After getting approved as an OEM, list your brands under relevant product categories. Brands may be trademarked, non-trademarked, or even unbranded.

Step 5: Product Listing

Your next step is to list the products and services on the GeM portal. The listing goes live only after getting approved by the GeM Authority.

Step 6: Bid Participation and Appointment of Resellers

After listing your products and services, you can participate in bids and accept orders. OEMs can appoint resellers to list products and services after approval.

 

GeM Vendor Assessment Fees

The fees for Vendor Assessment depend upon the annual turnover;

  • Upto ₹20 lakhs: ₹871.61 (exclusive of GST)
  • ₹20 lakhs to ₹1 crore: ₹1743.22 (exclusive of GST)
  • More than ₹1 crore: ₹3486.44 exclusive of GST

Caution Money Deposit

The fees for Caution Money Deposit are based on the seller’s turnover

  • Less than ₹1 crore: ₹5,000 (exclusive of GST)
  • ₹1 crore to ₹10 crores: ₹10,000 (exclusive of GST)
  • More than ₹10 crores: ₹25,000 exclusive of GST

Direct Purchase on GeM

Any buyer can directly procure low-value, sought-after articles from any GeM-registered seller who, in the opinion of the buyer, meets the quality, specification, and delivery requirements of the product. For purchases above ₹50,000 only, buyers have to compare the offered products based on the three parameters including product specification, delivery period and selecting the lowest bid (L1).

Make in India (MII) Certificate for OEMs

The Government is promoting ‘Make in India‘ and gives preferences to MII-certified OEMs in public procurement on GeM. At the same time, local suppliers having the MII certificate are also getting preferences in bidding processes.

Conclusion

Sellers can benefit from direct access to government buyers and transparent bidding of GeM. Register on GeM to leverage this platform to grow your business with government contracts. Contact today at +91 9810238067 with Vedkee Associatesto get professional consultation.

Frequently Asked Questions (FAQs) on GeM Registration Process

1. What are the concessions related to GST?

Buyer organisations that fall under certain classifications in their purchases can avail of GST concessions

2. What does OEM stand for in GeM?

OEM stands for Original Equipment Manufacturer. They are divided into 4 categories under GeM:

  1. Manufacturer
  2. Brand Owner Manufacturer & Third Party.
  3. Imported Products & Authorized Sellers in India
  4. Service Provider

3. Why are prices on GeM different from the market?

* The prices on GeM are inclusive of all taxes.

* Prices may differ due to different warranty periods and on-site warranty.

* The payment terms also differ, hence the prices.

4. How to raise a request for a change in the specification of an existing category?

The request can be raised through the Request Management section under their Dashboard. These requests are evaluated by GeM before being worked upon.

5. Who can buy/purchase through GeM?

All central and state government ministries/ departments, autonomous bodies, public sector units, and local bodies can make procurements through GeM.

 

Also read: Pvt Ltd Company Registration with Vedkee Associates

A Complete Guide to GEM Registration Online

Government e-Marketplace (GEM) is a crucial platform introduced by the Government of India to facilitate online procurement of goods and services for public sector enterprises. GEM registration Online allows businesses to participate in government tenders, boost their market visibility, and offer products or services directly to government bodies. If you’re a business owner looking to expand your reach, GEM registration in Gurgaon or Delhi can open up opportunities to work with various government departments, ministries, and PSUs.

What is GEM Registration?

GEM Online registration is a process that enables vendors to become authorized sellers on the government e-marketplace. This platform offers a transparent and efficient procurement process, making it easier for businesses to sell their goods or services to government agencies. The benefits include easy access to government buyers, assured payments, and the opportunity to compete fairly for tenders across industries.

Steps for GEM Registration Online

  1. Create an Account: Begin by visiting the official GEM portal. Register using your business details, including the organization’s PAN and UID numbers.
  2. Upload Documents: Essential documents like GST registration, PAN card, and bank details must be uploaded. Make sure these documents are current and accurate.
  3. Select Categories: Choose the relevant categories of goods or services you wish to offer. The GEM platform has a wide range of categories, so select those that align with your business capabilities.
  4. Complete the Registration: After filling in the necessary details and uploading the documents, complete your GEM registration online by paying the registration fee.
  5. Approval and Selling: Once your application is approved, you can start listing your products and services for government buyers to view and purchase.

Why Choose GEM Registration in Gurgaon and Delhi?

GEM registration in Gurgaon and Delhi is particularly advantageous due to the proximity to several government offices, PSUs, and ministries. Being registered on the GEM platform allows businesses in these regions to access a large pool of potential clients without the traditional hurdles of government procurement processes.

Additionally, the digital nature of GEM registration online eliminates much of the paperwork and delays that often come with conventional methods of procurement. Whether you’re a small business or a large enterprise, GEM registration in Delhi or Gurgaon can offer you streamlined access to high-value government contracts.

Why Choose Vedkee Associates for GEM Registration?

If you’re looking for expert assistance with GEM registration in Gurgaon or Delhi, Vedkee Associates can simplify the entire process for you. With years of experience in the field, Vedkee Associates provides end-to-end GEM registration services, ensuring that your application is filed accurately and promptly. Their in-depth knowledge of compliance and documentation helps businesses avoid delays and complications during the registration process.

Vedkee Associates is committed to offering a seamless experience and making GEM registration online a hassle-free process. Whether you are in Gurgaon, Delhi, or any part of NCR, their team is well-equipped to handle your registration needs.

Conclusion

GEM registration Online is an essential step for any business aiming to grow by partnering with government bodies. It opens the door to numerous opportunities for vendors in various industries. For businesses seeking GEM registration in Gurgaon or Delhi, partnering with experts like Vedkee Associates can make the process efficient and stress-free. We offer the necessary guidance and support to ensure that your registration is completed successfully, giving you easy access to the government e-marketplace.

Ensure you don’t miss out on the benefits of GEM registration. Contact Vedkee Associates today to get started on your online journey to GEM registration.

Read more: Docs Required for GST Registration