Updated on November 15, 2024 09:25:42 AM
The Government e-Marketplace or GeM for short, and is an online marketplace through which government ministries can source products and services from qualified suppliers and sellers which encompass MSMEs and other relevant bodies. The GeM portal facilitates procurement in the public sector by enabling contracting authorities to buy what they need, be it products or services and information whilst at the same time promoting efficiency, integrity and fairness in the transaction.
GeM is thus very important for the purpose of enhancing the procurement process, cutting the bureaucratic procedures and providing convenience to the sellers as well as to the government organisations. Through GeM registration, the various MSMEs are provided with an opportunity to compete for the government tenders and thus directly increase their geographical portfolio.
Small scale businesses should register on GeM since it provides the foundation to access public procurement and to grow businesses while enabling them to be actively involved in projects which are central to delivery of government services. Not only does this increase their publicity but it also ensures that they are on the same side of par with the government’s drive to create a more friendly procurement environment for the local firms.
GeM Registration for
GeM portal registration is an essential step for all MSMEs who want to sell their products to the government-owned entities. The primary objective of the GeM website is to enhance the transparency and effectiveness of government employment and procurement processes. By registering on this portal, both the buyer and the seller will have the ability to buy and sell their products to the government.
Seller registration on GeM
OEM stands for "original equipment manufacturer" and is required for any company selling goods or services to the government. All vendors must first obtain OEM certification before moving on to the subsequent steps.
The portal categorised vendors into one of two categories: authorised sellers and original equipment manufacturers (OEMs).
OEMs have gained immense popularity since the introduction of the GeM portal. OEMs are those who make systems or components for others 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 should first register for an account on the GeM portal. The only person authorised to register an entity on GeM is the person designated as the entity's administrator.
It is possible for the seller to register on GeM by using the Aadhar number of a qualified individual or the director of a company.
Applicants are required to provide complete information about their businesses in addition to all documentation that may be requested, such as proof of address and PAN details.
Applicants must apply for vendor assessment on GeM to get OEM stands for original equipment manufacturer certificate. The vendor assessment process is mandatory 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, sellers must list their products and service as per their categories once the branding of products and services are approved. These products and services will go live on the Government e-Marketplace (GeM) portal for buyers.
After the product listing are completed, brands can participate in the auction and accept orders on GeM from buyers. After getting approval from authorities, they can appoint resellers for their products and services.
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: The aforementioned Fees is exclusive of GST.
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 in 10-25 days
Government PSUs and other businesses purchase most items and services via the GeM portal. To get these commodities, central and state agencies must follow guidelines and a transparent bidding process.
Grow Your Business On GeM Portal
Sell your products and services to government buyers by becoming an Original Equipment Manufacturer (OEM) on GeM
Call UsThe 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.
During the L1 Bidding of the tenders, those with the Make in India certificate are given priority.
GeM registration empowers the firms some of the very rare opportunities to make a Mark in the Central and the State procurements. Therefore, having received the GeM registration certificate, the company obtains the right and opportunity to supply goods and services to state officials and to receive payments for the supplied goods and services without interruption through the platform. Therefore for the MSMEs the GeM portal is the interface where the business can be transformed and taken to the next level compatible with the “Make in India” initiative.
A very realistic service delivery model is one that has the consultants and firms to team up with the Professional Utilities in account registration aspect, as well as the assessment which has to be completed during the approval of OEMs. By accessing GeM platform one can engage in auctions, bidding and embrace value added long term government projects that can initiate change for the business. For which if you are a new GES in India or an old GES it is useful to register on GeM portal to get your chance to vendor and to deal with the Indian government.
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.
All MSMEs are eligible to apply for GeM portal registration to obtain OEM status and participate in public procurement.
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.
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.
The variation in retail price and GeM Price of a product could be due to under mentioned factors:
Buyers can request for change in the existing category from Request Management available in their Dashboard. All such requests would be evaluated by GeM.
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 registration fee in Delhi 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/- |
Original Equipment Manufacturers are termed as OEM in GeM portal. These OEMs are basically divided into four categories under GeM:
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.