Updated on December 06, 2024 03:36:14 PM
GeM, short for Government e-Marketplace, is a digital platform where micro, small, and medium-sized enterprises (MSMEs), along with other sellers and service providers, can list their goods and services for sale to government bodies. The Gem portal streamlines the public procurement process, allowing government organizations to efficiently purchase the goods and services they need while ensuring transparency and accountability in the transactions.
GeM plays a crucial role in making the procurement process more organized, reducing bureaucratic delays, and offering a user-friendly experience for both sellers and government entities. By GeM registration,MSMEs gain access to a vast marketplace where they can compete for government contracts and significantly expand their business reach.
For small businesses, GeM registration is essential as it opens doors to opportunities in public procurement, fostering business growth and allowing them to actively participate in projects critical to government functions. This not only boosts their visibility but also aligns them with the government’s efforts to make procurement more inclusive and supportive of local businesses.
GeM Registration for
GeM Registration is mandatory for vendors interested in selling their products and services to government bodies through public procurement policy.
After registering on GeM, sellers must apply for vendor assessment to get the status of OEM (original equipment manufacturer)
Seller registration on GeM
The portal categorised vendors into authorised sellers and original equipment manufacturers (OEMs).
OEMs have gained immense popularity since the introduction of the GeM portal. OEMs are who make systems or components for others serving the same area of interest.
Original equipment manufacturer OEM status is necessary for any company selling goods or services to the Government. All vendors must obtain OEM status via vendor assessment before moving on to the subsequent steps.
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.
The seller can register on GeM using the Aadhar number of a qualified individual or the company director.
Applicants must 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 (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 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, 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.
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: 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
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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.
GeM registration offers firms the rare chance to make a Mark in the Central and the State procurements. As a result, receiving a GeM registration certificate, the company receives the right and an opportunity to deliver products and services for state officials and to receive uninterrupted payments for the goods and services provided through the platform. Consequently, for the MSMEs the GeM portal is the platform to transform and escalate the business compatible with the “Make in India” concept.
An essential service delivery model that is very realistic is where the consultants and firms partner with Professional Utilities to offer registration, both in the creation of the account as well as the assessment that is required in the approval of OEMs. GeM platform can be used to participate in auctions, bidding and become a part of long term value added government projects which will bring up positive change for the businesses. Whether you are new GES in India or an old one, to get your chance to vendor and deal with the Indian government, the registration on the GeM portal is helpful.
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.
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 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/- |
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.
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