Is there any charge for GeM registration?

What is registration on GeM?

The GEM (Government e-Marketplace) is a government-run e-commerce portal to facilitate and enable easy online acquisition of the Consumer Goods & Services that are needed by various Organizations, Government Departments and PSUs.

Why GeM registration is required?

GEM registration helps to authorize the manufacturer, small dealers and service providers to enter the wide and interactive online platform, where they can directly sell their products & services to various buyers from the government departments, organizations and PSUs.

How do I register for gems?

PRIMARY USER IS REQUIRED TO OPEN INBOX MAIL FROM HIS/HER OFFICIAL E-MAIL ID AS FILLED IN STEP 2 AND CLICK ON VERIFY EMAIL LINK. PRIMARY USER IS REQUIRED TO FILL UP OTHER ORGANIZATION DETAILS AND DETAILS OF VERIFYING OFFICER AND CREATE SECONDARY USERS AS NOMINATED i.e. BUYER, CONSIGNEE, DDO, AND PAO AS THE CASE MAY BE.

Can traders sell on GeM?

A small dealer or a manufacturer having a GeM registration of his business can enter the wide interface, where he can sell his goods or services to the eminent buyers from the Government departments, where there is an urgent need for his supplies. This empowers the small traders to expand their business online.

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What is caution money in GeM?

What is Caution Money? This caution money provision is being introduced for bringing discipline among sellers. All Sellers on GeM would be required to deposit a fixed amount with GeM as Caution Money deposit.

How do I pay a GeM transaction fee?

The following are the charges for sellers who have clocked the threshold Seller Merchandise Value.

Annual Milestone Charge in GeM.

Product Order Value(₹) Transaction Fee Slab(₹)
Order ≥200 Cr. 0.5% for 50cr (25 lacs) + 0.4% for next 50 Cr. (20 lacs) + 0.3% for next 100 Cr. (30 lacs) + 0.2% of value above 200 Cr.

Who can register for GeM registration?

Sellers on the Government E-Marketplace must have the following documents to be registered:

  • PAN CARD.
  • Udyog Adhaar or Company Registration or LLP Registration.
  • VAT/TIN Number (if applicable)
  • Bank Account & supporting KYC documents.
  • Identity proof.
  • Address proof.
  • Cancelled cheque copy.

Is ITR mandatory for GeM registration?

Verified ITR details are mandatory for participating in Bid/RA for all entities unless incorporated less than 24 months ago or exempted from filing ITR. ITR details are not mandatory if you do not want to participate in Bid/RA.

Who can buy from GeM?

Who can buy/purchase through GeM? All Central government and State Government Ministries/Departments including its attached/subordinate offices, Central and State autonomous bodies, Central and State Public Sector Units and local bodies etc. are authorized to make procurement through GeM portal.

How do you become a GeM vendor?

The following documents are required for Seller Registration:

  1. PAN CARD.
  2. UDYOG ADHAR or COMPANY REGISTRATION or LLP REQUIREMENTS.
  3. VAT/ TIN NUMBER (of applicable)
  4. BANK ACCOUNT & SUPPORTING KYC DOCUMENT.
  5. IDENTITY PROOF.
  6. ADDRESS PROOF.
  7. CANCELLED CHEQUE COPY.
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How do I pay my GeM portal?

on GeM Portal. After selecting Indent/order list PAO/DDO will navigate to the demand/order list. The latest demand generated will be displayed at the top. Under the column Action, select Process DDO Page 33 • After clicking on Process, payment authority will be navigated to “bill processing by HOD ” page.