Updated on November 21, 2024 09:24:00 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.
The objective of GeM registration is to create a streamlined system for procuring goods and services more efficiently and transparently through the public procurement process.
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
The Government E-marketplace is an online listing platform that is utilized for the purpose of public procurement of goods and services across the entirety of India. Manufacturers, resellers, and service providers list their wares and services for sale or purchase. Small and medium-sized businesses (MSMEs) need GeM registration before adding their products and services to the online Gem portal.
Seller registration on GeM
Any business that wants to sell its goods and services to a government agency must register on GeM as seller, which stands for the original equipment manufacturer. Having OEM status is obligatory for all sellers before proceeding with the further process.
The portal categorized vendors into one of two categories: authorized 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 first thing that the seller should do is register for an account on the GeM portal. The only person authorized 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 (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 quality council of India (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
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 Us.png)
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.
During the L1 Bidding of the tenders, those with the Make in India certificate are given priority.
GeM registration presents Uttarakhand 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.
.svg)
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 Uttrakhand 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.
Call us on
+91 9821113117
[Mon - Sat, 10am - 7pm]
Write to us
809, 8th Floor, Madhuban Building,
Nehru Place, New Delhi - 110019
Reliable
Affordable
Assurity
They've been very helpful in our registration with ICEGATE. It was a small thing with a small amount paid which somehow escalated to a very painful procedure. Never did they say "You've only paid so much. It's too much effort for us.".
Very pleased with their service. Prompt, professional and great communication. Definitely recommend. Special mention for Ms. Razia - she handled our case.
Professional Utilities is fully professional in their work, Rates are too low and genuine. Services and satisfaction are high so I highly recommended Professional Utilities.
They are one of the most genuine and reasonable people. I applied for lmpc certificate through them and they charged me a very nominal amount as compared to what other firms asked .
