Updated on September 26, 2022 12:09:27 PM
Gem is an online portal started by the ministry of commerce in 2016. It is a Government e-Marketplace for small manufacturing industries to register and list their products and services for buyers to procure.
The objective is to promote MSMEs in India. GeM allows manufacturers, sellers and service providers to list their brands on the online portal and list their services and goods. It also enables government entities (buyers) to choose from multiple sellers.
GeM Vendor Assessment Sample Report
GeM registration is mandatory for vendors interested in selling their products and services to government bodies through public procurement policy. After registering on GeM, sellers must apply for vendor assessment for the brand and product listing on the portal.
GeM categorised vendors into authorised sellers as original equipment manufacturers (OEMs).
Seller registration on GeM
Original equipment manufacturer OEM status is necessary for manufacturers selling their goods and services to the Government. All vendors must obtain OEM status through vendor assessment before moving on to the subsequent steps to participate in bidding for procurement on GeM.
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 should first register for an account on the GeM portal. The only person authorised to register an entity on GeM is the person designated as the entity's administrator.The seller should first register for an account on the GeM portal. The only person authorised to register an entity on GeM is the person designated as the entity's administrator.
The seller can register on GeM using the Aadhar number of a qualified individual or the company director.
Applicants must 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 (QCI).
Once the OEM certificate is issued, applicants can list their brands in their respective categories and services.
Once 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, 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.
The GeM registration fees vary based on the seller's annual turnover.
Turnover of seller | Gem Registration Fees |
---|---|
Less than ₹1 Crore | ₹5,000/- |
Between ₹1 crore - 10 crore | ₹10,000/- |
More than ₹10 crore | ₹25,000/- |
Fee for Vendor Assessment | ₹11,200 + 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
Government PSUs and other businesses purchase most items and services via the GeM portal. To get these commodities, central and state agencies must follow guidelines 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 issued circular number No. P-45021/2/2017-PP (BE-II) indicating the preferences for Make in India or MII-certified OEMs for GeM public procurement. This means those possessing the Make in India certification are given priority during the L1 Bidding phase of the bids.
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All MSMEs are eligible to apply for GeM portal registration to get 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 Kolkata 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.
Turnover of seller | Gem registration Fees |
---|---|
Turnover less than ₹1 Crore | ₹5,000/- |
Turnover between ₹1 crore - 10 crore | ₹10,000/- |
Turn over more than ₹10 crore | ₹25,000/- |
Fee for Vendor Assessment | ₹11,200 + GST |
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.