Updated on November 30, 2024 10:47:01 AM
GeM is an acronym for Government e-Marketplace which is B2G e-market place connecting sellers from MSME to buyers or vice versa. This means that through the GeM portal, procurement by government organisations and agencies is made easy because the requirement can be procured in a better way which is more accountable.
Therefore, GeM is to fund procurement by reducing the administrative involvement and implementing a number of issues on the way while at the same time creating a conducive seller and government body atmosphere. The Ministry of Commerce launched the online GeM portal in the year 2016. By registering on GeM, MSMEs get a better chance to negotiate for the contract with the government in addition to increasing the overall size of the market.
GeM registration for all small businesses is mandatory because the platform provides them access to a broader public procurement market and lets them develop while joining crucial projects associated with governmental activities. This not only improves their visibility but also assists the government effectively to enhance procurement friendliness towards the local supply companies.
GeM Registration for
GeM portal is a government-approved online listing platform for public procurement where manufacturers and service providers enlist their products and services. To enroll their products, MSMEs need GeM portal registration as a seller to get OEM status.
Seller registration on GeM
Those sellers who wish to sell their products or services to government entities must register themselves as a seller on GeM portal. There are two categories of sellers on the portal – one is authorized sellers and the other OEMs.
OEMs have gained immense popularity since the introduction of the GeM portal. OEM refers to Original Equipment Manufacturers who make systems or components for other entities serving the same area of interest.
These are the following benefits of registering your business with GeM:
The following document is required to register your business online on the GeM portal.
The seller's first step is creating an account on the GeM portal. The Registration on GeM should be done by only the authorized person of the entity. The seller can sign up on GeM using the Aadhar of a qualified person or director of a company.
Applicants must provide complete business details and all documentation such as PAN details, address proof, and other required details.
After the security deposit, applicants must apply for vendor assessment on GeM to get OEM (original equipment manufacturer) certificate. The vendor assessment process is obligatory for all the sellers and deemed OEMs to participate in public procurement. Vendor assessment is carried out by the Rail India Technical and Economic Service (RITES).
Once the OEM certificate is issued, applicants can list their brands in their respective categories and services.
Once the brands are listed, vendors must list their products and service as per their classified categories once the branding of products and services are approved. The products and services will go live on Government e-Marketplace (GeM) portal.
Once all listing is completed, brands can participate in the Bidding and accept orders on GeM. After getting approval from authorities, they can also appoint resellers for their product and services.
Grow Your Business On GeM Portal
Sell your products and services to government buyers by becoming an Original Equipment Manufacturer (OEM) on GeM
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The GeM registration fees vary based on the seller's annual turnover.
| Annual Turnover | Vendor assessment Fee inclusive of GST |
|---|---|
| Up to 20 lakhs | ₹ 871.61 |
| From 20lakh - 1Cr | ₹ 1743.22 |
| More than 1 Cr | ₹ 3486.44 |
| Caution Money Deposit | Fees |
|---|---|
| Seller Turnover less than 1 Crore | Rs 5,000/- |
| Seller Turnover in between 1 Crore and 10 Crores | Rs 10,000/- |
| Seller Turnover more than 10 Crores | Rs 25,000/- |
Note: GeM registration in 3 simple steps with Professional Utilities
The expert team at Professional Utilities can help you get GeM portal registration for your MSME in quick, simple steps.
Step 1:
Get in touch via call or contact form
Step 2:
Provide necessary documents
Step 3:
Get Your OEM status 10-25 days
Government PSUs and other entities procure most products and services on GeM portal. Central and state agencies must follow strict guidelines and a transparent bidding process to procure these items.
The Government has released circular No. P-45021/2/2017-PP (BE-II) stating the preferences to Make in India or MII certified OEMs for public procurement on GeM.
All those who possess the Make in India certificate get preference in the L1 Bidding of the tenders. Not only this, but other preferences for local suppliers are available on GeM if they possess a Make in India Certificate.
GeM registration presents Gurugram based firms with an opportunity to Carve a niche for themselves in the Central and State procurement circles. Thus, with a GeM registration certificate, the company obtains the possibility to supply their products and services to the executives of a state and receive uninterrupted payments for the goods and services they offer on the platform. In the case of MSMEs, the GeM portal is a unique platform to transform and escalate the business along with the “Make in India” concept.
A very practical service offering is where the consultants and firms work with Professional Utilities to provide a complete package of registration that includes both the account creation and the assessment needed for OEM approval. The GeM platform can be used to take part in auctions, bidding and turning out to be a part of long term value added government projects that will contribute positive growth for the businesses. Being a new or an old GES in India, to unlock your opportunities to partner and transact with the Indian government, the registration on the GeM portal is beneficial.
At Professional Utilities, we leverage our industry knowledge and expertise to help businesses navigate complex regulations, minimize risks, and optimize operations for maximum efficiency and profitability.
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All MSMEs are eligible to apply for GeM portal registration to obtain OEM status and participate in public procurement.
The central and state Government does the majority of procurement through GeM; however, private buyers also can enlist themselves to buy goods via GeM guidelines.
Original Equipment Manufacturers are termed as OEM in GeM portal. These OEMs are basically divided into four categories under GeM:
GeM registration fee in Gujarat varies based on the turnover of registered sellers. Additionally, the cost of vendor assessment is also required to pay by the seller to get registered on the GeM portal.
| Annual Turnover | Vendor assessment Fee inclusive of GST |
|---|---|
| Up to 20 lakhs | ₹ 871.61 |
| From 20lakh - 1Cr | ₹ 1743.22 |
| More than 1 Cr | ₹ 3486.44 |
| Caution Money Deposit | Fees |
|---|---|
| Seller Turnover less than 1 Crore | Rs 5,000/- |
| Seller Turnover in between 1 Crore and 10 Crores | Rs 10,000/- |
| Seller Turnover more than 10 Crores | Rs 25,000/- |
OEM stands for original equipment manufacture, all the sellers and manufacturers who register themselves with GeM are required to get OEM status to participate in the bidding process to sell their products and services.
you can get your GeM registration done in quick, simple steps with professional Utilities.
GeM is an E-marketplace portal for sellers and buyers to enlist their products and services, which can be procured through public procurement by central and state governments.
Both resellers as well as manufacturers are authorized to register on the GeM portal. Manufacturers have the authority to manage their resellers. In order to register as a reseller or trader, an authorization code as well as a letter is required from manufacturers to sell the product on the GeM portal.
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