Gem Registration
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Gem Registration
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Overview About Gem Registration
The government developed the GeM (Government e-Marketplace) web site, which it uses to issue tenders for the daily requirements of numerous ministries, public sector enterprises, and government organizations. The primary goal of the GeM portal’s introduction is to improve employment and public procurement efficiency, speed, and openness. Both buyers and sellers can purchase or sell goods to the government by registering through this portal. The DGS&D-hosted Government e-marketplace, or GeM, is a platform used by government departments to purchase goods and services. Historically, public procurement has been a vital component of government operations. The goal of the government’s introduction of GeM was to improve public procurement’s efficiency, speed, and openness. GeM offers demand aggregation, reverse e-auction, and e-bidding solutions to help government users get the most for their money.
A variety of business entities, including proprietorships, partnerships, limited liability partnerships, private limited companies, public limited companies, and foreign subsidiaries, are eligible to register their businesses on the GeM portal.
- GEM PORTAL: It is an online shopping portal designed to make it simple and convenient for various Indian government agencies, associations, and public sector businesses to purchase consumer goods and services online. This portal’s exclusive goal is to improve public procurement’s efficiency, speed, and openness while also facilitating inclusiveness. One must register on the online GeM portal as a buyer or seller in order to take use of all the benefits offered by the GeM.
- Important Points: For a specific product category, an OEM authorization letter is necessary in order to function as a reseller.
OEM’s are classified into 5 Types:
- Manufacturers
- Brand Owners & Third-Party Manufacturing
- Importer & Authorized Sellers
- Service Provider
- Assemblers
Why We Should Opt for Gem Registration?
By registering with GEM, manufacturers, small dealers, and service providers can gain access to an extensive and dynamic online marketplace where they can directly sell their goods and services to a range of government agencies, organizations, and PSUs. It makes it possible for recognized governments to quickly and easily purchase goods and services straight from private manufacturers and businesses.
Gem Process Registration
- Step 1: Complete the profile and create an ID.
- Step 2: Bidder may be an OEM or a reseller.
- Step 3: The GeM Vendor Assessment is a prerequisite for manufacturers to receive the OEM Certificate.
- Step 4: A product listing is necessary once a bidder has registered as an OEM or reseller.
- Step 5: The GeM administrative department has put the products in approval mode.
Process Of Gem Registration As A Seller:
- Step 1: ID Creation
- Step 2: Finishing the profile
- Step 3: Cautionary Money Payment
- Step 4: Application of OEM Panels and Vendor Evaluation (Required for Manufacturers)
- Step 5: Brand Listing
- Step 6: Product Listing
- Step 7: Participation in bids
Process Of Gem Registration As A Buyer:
- Step 1: Verification of Aadhar
- Step 2: Completing and completing the formk
- Step 3: GeM Exam
- Step 4: GeM Approval
Documents Required For Gem Registration:
- PAN Card
- Aadhar Card
- GST Certificate
- Email Id
- Mobile Number
- Bank Account Details
- ITR Form last three years (if company is more than 2 yrs old)
- UDYAM Certificate (if have)
Documents required for the registration of Partnership firm:
- Company PAN
- Director PAN Card (key person)
- Aadhar Card (key person)
- GST Certificate
- Email Id
- Mobile Number
- Bank Account Details
- ITR Form last three years (if company is more than 2 yrs old)
- UDYAM Certificate (if have)
Documents required for the registration of Company:
- Company PAN
- Director PAN Card (key person)
- Aadhar Card (key person)
- GST Certificate
- Email Id
- Mobile Number
- Bank Account Details
- CIN Number
- ITR Form last three years (if company is more than 2 yrs old)
- UDYAM Certificate (if have)
Documents required for registration of Trust/Society:
- Company PAN
- Director PAN Card (key person)
- Aadhar Card (key person)
- GST Certificate
- Email Id
- Mobile Number
- Bank Account Details
- ITR Form last three years (if company is more than 2 yrs old)
- UDYAM Certificate (if have)
Guidelines To Apply On Gem Portal:
- Organization Name: Enter the business or organization name as it appears on the PAN card.
- Type of Organization: Select type of organization of your business.
- Email ID: Please enter a working email address. Our executive, who is authorized, will contact to confirm the email OTP.
- Mobile Number: Enter the authorized person’s legitimate 10-digit mobile number; an executive will contact to confirm the OTP.
- Aadhar Number of authorised person: Enter the owner’s or director’s Aadhar card number.
- PAN Number of authorised person: If available, provide the authorized person’s or company’s PAN Card number.
- GST: Choose if you have GST and, if so, provide your GST number.
- Did you filed Income Tax Return?: Check the box if you filed your income taxes for the previous year.
Benefits Of Registering On Gem Portal:
GeM Registration’s benefit to sellers
- Entry to the Market for National Public Procurement
- Specific guidelines and sections for MSMEs, startups, and emporium goods
- Platform that is entirely online, paperless, and contactless
- Many bills for a single purchase
- Simple access to bids and reverse auctions
Advantage of GeM Registration for Buyers:
- It offers appropriate openness and purchasing simplicity.
- Up to ₹25,000, purchases can be made directly.
- L1 purchase for sums up to ₹25,000 but not more than ₹5,000.
- We are able to obtain pricing trends and comparisons from several vendors.
Do you have any query?
We will be more than happy to be of help to you!