Gem Registration

COMPLETE SOLUTION

GeM Registration Online

GeM registration is mandatory for sellers who wishes to participate in the public procurement process. An organisation can register themselves as Reseller or OEM. Post GeM registration sellers can list their brands, products, and services & also participate in bids, and accept orders. During the GeM registration process, every organizations must submit several important pieces of information, including the type of organization, name of the organization, date of incorporation, PAN number, GST registration number, MSME number, office and manufacturing addresses, income tax return details, and additional relevant details.

 

Post registration on gem portal every seller has to submit a caution money (security deposit) depending upon their last year turnover ( Rs. 5,000 to 25,000 ), in order to participate in Bids. GeM registration is a pivotal step for businesses aspiring to tap into the vast potential of government contracts. It is mandatory for sellers, including manufacturers, resellers, and service providers, to register on the GeM portal to participate in public procurement.

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What is GeM Registration

GeM registration’s full form is Government e-Marketplace (GeM), an online platform for public procurement of goods and services by central and state government organizations. Public procurement has always been an essential part of government activities. The government’s intention behind introducing GeM was to enhance transparency, efficiency, and speed in public procurement. GeM provides the tools of e-bidding, reverse e-auction, and demand aggregation to facilitate the government users, achieve the best value for their money.

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Why is GeM Registration important?

Government ownership has always been an important part of government operations. The government’s purpose in introducing GeM was to increase public ownership transparency, efficiency, and speed. GeM offers e-bidding, reverse e-auction, and demand aggregation solutions to help government agencies get the best possible bargain. The Government e-Marketplace (GeM) is the federal government’s e-commerce portal. It acts as a one-stop shop for the easy online purchase of consumer goods and services required by various government departments. The GeM’s primary purpose is to ensure that supply procurement is transparent, efficient, and on schedule.

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Access to National Public Procurement Market

  • Access to National Public Procurement Market
  • Special provisions and sections for startups, MSMEs, and Emporium products
  • Fully online, paperless, and contactless platform
  • Multiple invoices for a single order
  • Easy access to participate in bids/reverse auction
  • Real-time countdown clock enabled in Reverse Auction (RA) for seller participation
  • Sellers can view reasons for rejection
  • Seller-friendly dashboard for monitoring supplies and payments
  • Sellers from North-East states and Jammu & Kashmir are exempted from ITR submission during bid participation
  • Dynamic Pricing – prices can be adjusted based on market conditions
  • Direct access to Government departments and their organizations
  • Preference given to DPIIT-recognized startups to encourage startup growth in India

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Documents required for GEM registration

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GeM Seller Registration Process

Step 1: Create a Seller Account on GeM

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.

Step 2: Update Organization Profile 

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.

Caution Money DepositFees
Seller Turnover less than 1 Crore₹ 5000
Seller Turnover between 1 Crore & 10 Crore₹ 10000
Seller Turnover more than 10 Crore₹ 25000

Enroll your business on GEM Portal

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