Updated on July 06, 2024 11:46:27 PM
Once the brand listing process is completed, the business owner can register their products and services online on the GeM portal.
Listing a Product is obligatory because it provides information about the Product and services and helps buyers easily identify their requirements.
Before registering Products and services on GeM, sellers must undergo an obligatory Gem vendor assessment process to get OEM status.
The Product and services are classified into different categories, and each category has its requirements for listing on GeM.
GeM Vendor Assessment Sample Report
GeM/Government eMarketplace is an online marketplace for MSMEs/manufacturers and sellers to register themselves to participate in public tenders and secure government procurements.
The Aim of establishing GeM is to promote the participation of MSMEs in procurement and make a transparent and efficient public procurement process.
Therefore sellers first need to register themselves on the Gem portal and undergo a mandatory Gem vendor assessment undertaken by the quality council of India. However, a certain category of sellers is exempted from the assessment process, such as MSMEs having NSIC certification.
| Annual Turnover | Vendor assessment Fee inclusive of GST |
|---|---|
| Up to 20 lakhs | ₹ 871.61 |
| From 20lakh - 1Cr | ₹ 1743.22 |
| More than 1 Cr | ₹ 3486.44 |
| Caution Money Deposit | Fees |
|---|---|
| Seller Turnover less than 1 Crore | Rs 5,000/- |
| Seller Turnover in between 1 Crore and 10 Crores | Rs 10,000/- |
| Seller Turnover more than 10 Crores | Rs 25,000/- |
Note: The aforementioned Fees is exclusive of GST.
Only after approval and brand listing can list any product or service, these are the following steps involved in listing products or services on the GeM portal.
Sellers are required to provide the quantity details of the Product. This helps government buyers before making any procurement.
Price is a crucial factor during procurement, so the seller is required to Quote the price of their products and services in INR. As per the guidelines, sellers need to provide the following pricing details:
Vendors need to upload clear pictures of their pictures and services in GeM catalogues along with other important details such as size, height, weight etc.
The GeM initiative offers micro, small, and medium manufacturing and service industries a level playing field. MSMEs can gain a significant advantage by registering on the GeM portal and becoming eligible for government tenders, bidding, and purchase orders. The GeM bidding process is transparent and unbiased, giving small businesses an equal chance to thrive.
At Professional Utilities, we leverage our industry knowledge and expertise to help businesses navigate complex regulations, minimize risks, and optimize operations for maximum efficiency and profitability.
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GeM is an abbreviation for Government eMarketplace. Started the GeM under the ministry of commerce to incorporate small businesses in government procurements and tenders.
L1 purchase enables direct procurement of Rs. 25,000 to 5,00,000 after a competitive comparison of prices from at least 3 vendors on the Gem portal.
Per the guidelines, anyone can register on the GeM portal.
Yes, GSTIN is obligatory for GeM portal registration for the applicants.
To list your products on the GeM portal, the seller must register themselves on GeM as OEM vendors. Once the OEM status is given, sellers can list their products and services on GeM for public procurement.
OEM is an abbreviation for "Original Equipment Manufacturer." OEM status is given to GeM sellers only after vendor assessment by the quality council of India.
Products like Automobiles, KVIC, and ACASH are considered under the Q1 class products, and only white authorized GeM vendors can participate in this category.
H1 stands for the highest price during reverse auctioning when there are more than 3 technically qualified vendors among the select vendors from bidding rounds.
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