GeM Registration In Mumbai - Cost, Process, Documents

Updated on November 18, 2024 01:32:45 PM

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

  • LLP
  • Partnership
  • Proprietorship
  • Society
  • Company

What is GeM portal Registration?

The Government E-marketplace in India is an online listing platform used to procure goods and services by the Indian government. Manufacturers, resellers, and service providers list their products and services.

Before adding their goods and services to the online Gem portal, micro, small, and medium-sized enterprises (MSMEs) must have GeM portal registration.

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.

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Benefits of Gem Registration in Mumbai

These are the following benefits of registering your business with GeM:

  • Ease up business
  • Pan India market access
  • Access to standardize market
  • Ensures minimal market budget
  • Security against delayed payment
  • Dynamic pricing based on market condition
  • Multiple Invoice for a single order
  • Special provisions and sections for MSMEs
  • Direct purchase of goods by the Government
grow your sales with GeM registration in Mumbai
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Documents for Gem registration in Mumbai

The following document is required to register your business online on the GeM portal.

  1. PAN Card
  2. Udyog Adhaar or MSME certificate
  3. GST registration certificate
  4. Copy of canceled cheque
  5. Aadhaar Card of applicant
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GeM portal registration process in Mumbai

process of gem registration

Step 1: Create a seller account on the GeM portal

The first thing the seller should do is 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.

Step 2: Update organisation Profile

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.

Step 3: Vendor Assessment

Applicants must apply for vendor assessment on GeM to get OEM (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).

Step 4: Brand Listing

Once the OEM certificate is issued, applicants can list their brands in their respective categories and services.

Step 5: Product Listing

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.

Step 6: Bidding and appointment of Reseller

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.

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GeM portal registration Fee In Mumbai

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.

Get Free Consultation

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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.

  • get in touch icon
  • documents required icon
  • get llp registered icon

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

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General Financial Rules (GFR-149) to purchase from sellers on the GeM portal

Most items and services are purchased via the GeM site by government PSUs and other businesses. To get these commodities, central and state agencies must follow guidelines and a transparent bidding process.

  1. Agencies are authorised to direct online purchases of items worth less than ₹25,000 from GeM vendors under General Financial Rules (GFR) 149.
  2. L1 purchase orders of ₹25,000 to ₹5,00,000 should be placed with at least three separate manufacturers, with the lowest possible price for each purchase.
  3. For orders worth more than ₹5,00,000, you must complete all purchases through bidding.

Sell your products and services to government buyers by becoming an Original Equipment Manufacturer (OEM) on GeM

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Make in India certificate for OEMs

The government has issued circular number No. P-45021/2/2017-PP (BE-II) indicating the preferences for Make in India or MII-certified OEMs for GeM public procurement. This means those possessing the Make in India certification are given priority during the L1 Bidding phase of the bids.

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Conclusion

GeM registration presents Mumbai 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.

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Frequently Asked Questions (FAQs)

What is the GeM portal Registration requirement?

All MSMEs are eligible to apply for GeM portal registration to obtain OEM status and participate in public procurement.

What is the GeM portal Registration?

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.

Who can buy from the GeM portal?

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.

What could be the reason for variation in prices between GeM and other Marketplaces?

The variation in retail price and GeM Price of a product could be due to under mentioned factors:

  1. The prices offered on GeM are inclusive of all taxes.
  2. Products on GeM may have different warranty periods.
  3. Onsite warranty is offered for some products on GeM.
  4. Prices could also vary due to Payment Terms of the transaction.
How can I request for a change in specification of an existing category?

Buyers can request for change in the existing category from Request Management available in their Dashboard. All such requests would be evaluated by GeM.

What is meaning of RA in 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.

How to get Gem Registration in Mumbai?

you can get your GeM registration done in quick, simple steps with professional Utilities.

  1. Contact us
  2. Provide necessary documents and details
  3. Get your OEM status within 10-25 working days.
What are the GeM portal Registration Fees in Mumbai?

GeM registration fee in Mumbai 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/-
What is OEM in GeM?

Original Equipment Manufacturers are termed as OEM in GeM portal. These OEMs are basically divided into four categories under GeM:

  1. Manufacturer
  2. Brand Owner & Third Party Manufacturer
  3. Imported Products & Authorized Sellers in India
  4. Service Provider
Can a trader register on GeM portal to supply any thing after purchasing a material from the manufacturer or only manufacturer is authorized to register to sell those items?

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.

GeM registration in other States

GeM Registration in Delhi GeM Registration in Gurgaon GeM Registration in Gujarat GeM Registration in Ludhiana
GeM Registration in Ahmedabad GeM Regisistration in Uttar-pardesh GeM Registration in Noida GeM Registration in Madhya-pardesh
Gem Registration in Uttrakhand GeM Registration in Kolkata GeM Registration in Mumbai GeM Registration in Tamil Nadu
GeM Registration in Jammu and kashmir Gem Registration in Kerala

GeM consultancy service in different states

GeM Consultants in Delhi GeM Consultants In Mumbai GeM Consultants In Gujarat GeM Consultants In Uttar-pardesh
GeM Consultants In Hyderabad GeM Consultants In Ghaziabad GeM Consultants In Tamil-nadu GeM Consultants In Maharashtra