Updated on December 04, 2024 01:59:17 PM
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 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 on the GeM portal as a seller. 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 to create 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 Certificate (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.
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
Most items and services are purchased through the GeM site by government PSUs and other businesses. To get these commodities, central and state agencies must follow tight criteria 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 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 Uttar Pradesh 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.