Updated on September 26, 2022 12:10:40 PM
GeM stands for Government E-marketplace. It is an online platform where Micro, small and medium-sized businesses (MSMEs), sellers, and service providers can list their products and services. Different agencies then buy these goods as per their needs.
The objective of Gem is to create a streamlined system for procuring goods and services more efficiently and transparently through the public procurement process.
MSMEs require GeM registration because it helps micro, small, and medium-sized manufacturing industries grow and allows them to participate in public procurement.
The Government E-marketplace is an online listing platform that is utilized for the purpose of public procurement of goods and services across the entirety of India. Manufacturers, resellers, and service providers list their wares and services for sale or purchase. Small and medium-sized businesses (MSMEs) need GeM registration before adding their products and services to the online Gem portal.
Seller registration on GeM
Any business that wants to sell its goods and services to a government agency must register as an OEM, which stands for the original equipment manufacturer. Having OEM status is obligatory for all sellers before proceeding with the further process.
The portal categorized vendors into one of two categories: authorized 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 first thing that the seller should do is register for an account on the GeM portal. The only person authorized 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|
Most items and services are purchased through the GeM site by government PSUs and other businesses. To get these commodities, central and state agencies must follow tight criteria and a transparent bidding process.
Sell your products and services to government buyers by becoming an Original Equipment Manufacturer (OEM) on GeMCall Us
The 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.
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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.
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GeM registration fee in Uttrakhand 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.