GeM Registration | Process | Benefits | Documents | Fees

The Government e-marketplace (GeM) is a dedicated online platform where various organizations and departments can procure goods and services. Through the Government e-marketplace, small and local businesses can make public procurement transparent, efficient, and fast.

To enter this inclusive marketplace, you must register on the GeM portal to take advantage of its benefits. Therefore, continue reading this blog to learn about the Government e-marketplace registration process for sellers, its benefits, and many more.

What Is GeM Portal?

The Government e-marketplace is an online platform established in 2016 for government procurement. On GeM manufacturers & service providers enlist their products and services, allowing the government to trade online effortlessly and transparently.

It provides tools for e-bidding, reverse e-auction, and demand aggregation which helps buyers in getting the best prices. This platform reduces paperwork and manual processes which makes it easier for businesses to sell to the government.

Government e-marketplace platform also supports government initiatives like promoting Micro, Small, and Medium Enterprises (MSMEs), digitalization, and e-governance.

With over 4 lakh registered sellers and more than 50,000 government buyers, GeM has facilitated transactions worth over INR 1,50,000 crore as of February 2022. 

Why Should Sellers Register on GeM?

There are multiple reasons why sellers should register on Government e-marketplace, listed below:

• Access to Government Contracts: after registration on GeM, you can supply goods and services directly to various government departments.
• Transparency: GeM ensures that the procurement process for sellers (you) is clear and fair, which makes it easy to see how and why decisions are made.
• Ease of Doing Business: GeM has simplified processes like cutting down on paperwork and reducing the amount of administrative work you need to do. This makes it easier for you to focus on your business.
• Payment Assurance: GeM is a very reliable payment system that ensures you receive the payments on time, hence no risk of debts.

Also Read: What Is BIS

What Are The Benefits Of GeM Registration For Sellers?

These are the seller’s benefits of registering their business on the GeM platform:

• Simplified business operations
• Direct connection to major buyers nationwide
• Nationwide reach with a minimal marketing effort
• Options for direct purchase, bidding, and reverse auctions
• Flexible pricing aligned with market trends
• Prioritising transparency and security
• Multi-lingual support desk
• Standardised market access
• Support for MSMEs
• Simplifies financial transactions.
• Payment security: guarantees timely payments and reduces financial risk.
• Professional help with registration and compliance.

What Are The Documents Required For GeM Registration As Seller?

There are several documents required for the GeM registration process for sellers, listed below:

1. PAN (Permanent Account Number)
2. CIN (Company Identification Number)
3. Key Person Validation (Verification of the authorized person through Income Tax Return)
4. Details of Registered Office, Billing Address, Factory, Warehouse, and other Office Premises
5. Bank Details

Also Read: BIS Certification Product List

How Do I Register On GeM As A Seller? [GeM Registration Process For Sellers]

The GeM registration process for sellers is listed below, follow them:

Create A Seller Account On GeM

The first step for registering on GeM as a seller is to create an account. Remember that only an authorized person of the entity should register on GeM. The sellers can register on GeM with the help of using an Aadhar card or PAN card of the proprietor, director or organization key person. Follow these steps to create a seller account on GeM:

• Visit the GeM website.
• Click on the “Signup” option at the top left of the page.
• Select “Seller” from the drop-down menu.
• A new page titled “Create your organization seller account” will open.
• Click on “Review Terms & Conditions,” read the PDF, and agree to the terms and conditions.
• Fill in all required details in the form.
• An activation email will be sent; use it to log in to the Seller Desk

Update Organization Profile

After creating an account on GeM, you need to complete the company details & documentation.  Some of the documents required are listed beneath:

• PAN or Aadhaar Number
• Company Information
• Office Location
• GST (Mandatory)
• Bank Account
• E-voicing Criteria
• MSME Registration (Optional)
• ITR (For Bid Participation)
• Start-up Status (Yes/No)
• DoE Order Compliance

Vendor Assessment On GeM

Once the profile updation is done, apply for vendor assessment on GeM after paying the caution money to get the OEM certificate. To participate in the public procurement of Q1 and Q2 product categories complete the GeM vendor assessment.

Brand Listing

After completing the registration process as OEM on GeM, you can list the products and service categories. Make sure you have a trademark, owner of a trademark, or sell unbranded goods to list your products and services.

Product Listing

Dealers, producers, and service providers must list your products and services on the GeM site after your brands have been listed. Listing your product on the government e-marketplace will make the product and services available on the GeM website after authorization by the administration.

What Is The Fee For A GeM Seller?

Here is the fee structure for a GeM seller you need to know:

Type	Turnover	Fees
Caution Deposit	₹5L – ₹1Cr	₹5000/-
	₹1Cr – ₹10Cr	₹10,000/-
	Turnover > ₹10Cr	₹25,000/-
Transaction Fees	Orders up to ₹1L	0.5% of the order value
	Orders above ₹1L and up to ₹10L	₹500 + 0.5% of the order value over ₹1 lakh
	Orders above ₹10L	₹5,000 + 0.5% of the order value over ₹10 lakh (cap of ₹10,000 per order)