Updated on September 26, 2022 12:09:44 PM
The Government E-marketplace, also known as GeM, is an online marketplace on which micro, small, and medium-sized businesses (MSMEs), sellers, and service providers can list their goods and services for potential buyers to purchase. Most of the procurement through the GeM portal is carried out by centralised and state-owned entities.
GeM aims to make the process of acquiring goods and services through the public procurement system more efficient and open to scrutiny by simplifying and standardising it.
GeM Vendor Assessment Sample Report
GeM portal registration is an essential step for all MSMEs who want to sell their products to the government-owned entities. The primary objective of the GeM website is to enhance the transparency and effectiveness of government employment and procurement processes. By registering on this portal, both the buyer and the seller will have the ability to buy and sell their products to the government.
Seller registration on GeM
OEM stands for "original equipment manufacturer" and is required for any company selling goods or services to the government. All vendors must first obtain OEM certification before moving on to the subsequent steps.
The portal categorised vendors into one of two categories: authorised 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 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.
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 (QCI).
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.
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 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.
Complete Digital
Process
Free Expert
Assistance
Best Price
Guarantee
4.9/5 Google Rating
(350 Reviews)
Money Back
Guarantee
Simple & Fast
Process
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 Madhya Pradesh 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.