Updated on November 08, 2024 01:24:24 PM
GeM registration for sellers is mandatory to participate in the public procurement process. After registration on GeM Portal, sellers can apply for Vendor Assessment, list their brands, products and services and accept the orders.
Read to know about the process, documents required and charges for GeM Portal registration as Seller.
There are many advantages of registration on GeM as a seller:
There are various documents required for GeM registration as seller:
Details | Proprietorship | Partnership Firm | Companies | Trust/ Society/ Association of Person | Government Entities |
---|---|---|---|---|---|
PAN No. | PAN No. of the owner of the organization | Firm PAN No. | Company PAN No. | Organization PAN No. | |
CIN No. | Not applicable | CIN No. of Registered Firms | Company CIN No. | The registered number of the organization | |
Key Person Validation | Not applicable | Normally the person who filed the IT return should be registered as a Primary user. Based on the director’s detail obtained from CIN validation, this key person validation can be done | |||
Location Details | Details of - Registered Office, Billing Address with GSTIN Number, Factory, Warehouse, other Office Premises | ||||
ITR Details | Income Tax Return Details (ITR Form and ITR acknowledgment) for the last three years | ||||
Bank Details | Bank Details of the entity (Account Number & IFSC Code) which will be used for receiving payments for business done on GeM |
The GeM registration process for a seller is as follows:
The primary step of seller registration on the GeM portal is account creation. Registration on GeM should be done only by an Authorized Person (Director of the Organization or a Key Person/Proprietor). Sellers can sign up on GeM through the Aadhaar or PAN Card of Key person of the organization.
Company Profile is divided into 4 main sections, which are mandatory to complete - PAN Validation, Company Details, Office Location and Bank Account. There are 3 other optional sections also - MSE, Startup and Tax Assessment. After updating the profile, caution money payment has to be made according to the turnover.
After the caution money payment, sellers must apply for Vendor Assessment on GeM to get the OEM certificate. GeM Vendor Assessment is mandatory for sellers who want to participate in the public procurement of Q1 and Q2 categories of products. Manufacturers must become OEMs irrespective of the category of products they want to sell on the GeM Portal. Vendor Assessment for GeM is carried out by the Quality Council of India (QCI).
After becoming an OEM on GeM, vendors can list their brands in the relevant category of products and services. Vendors can list their brands whether trademark registered, the brand owner but trademark not registered or unbranded products.
After brand listing, the dealers, manufacturers, and service providers have to list their products & services on the GeM portal. This process is called Product Listing on Government e-Marketplace. The products and services of the sellers/vendors will go live on the GeM website after the GeM Authority approves the listing.
After listing products and services, sellers can participate in bids and accept orders on GeM. OEMs can appoint or authorize resellers to list their products and services after getting approval.
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/- |
Vendor Assessment Fees | Rs. 11,200 + GST |
Note: The aforementioned Fees is exclusive of GST.
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.