GeM is a one-stop online procurement portal for all Government buyers including Central/State ministries, Departments, Bodies & PSUs.
GeM is dynamic, self-sustaining and user-friendly portal for making procurement by government officers for all Common user goods and services.
Statistics of GeM Portal:
–Source GeM portal
Why Should you select GeM !
GeM advantages for sellers:
- Access to National Public Procurement market.
- Special provisions and sections for start-ups, MSMEs, and Emporium products.
- Fully online, paperless, and contactless platforms.
- The brand application and brand approval process have been revamped for sellers.
- Multiple invoices for single order.
- Easy access to participate in bids/reverse auctions.
- Online grievance redressal mechanism for a quick resolution.
- All sellers will be shown reasons for rejection.
- Seller-friendly dashboard for monitoring supplies & payments.
- Dynamic Pricing- Price can be changed based on market conditions.
- Direct access to Government departments and their organizations.
- No more searching of tender notices in magazines and newspapers.
GeM advantages for buyers:
- Provide transparency and ease of buying.
- Direct purchase for amounts up to INR 25000.
- Contactless, paperless and cashless registration
- Easy to comprehend interface to search, compare, select, and buy.
- User-friendly dashboard for monitoring supplies and payments.
- Online grievance redressal mechanism for a quick resolution.
- Float bid among the population of 3 lakh sellers.
- Option to provide multiple consignee locations and quantity.
- Additional Deductions can be applied by buyers at the time of bill generation.
- Notification to buyers regarding:
- expiry of DP (Delivery Period) for the contract
- Initiation of cancellation of a contract in case of non-delivery by sellers.
Ways of selling on GeM portal:
For Selling goods:
For Service providers:
Service providers can register them selves as a seller by providing necessary information like GST certificate, pan card and incorporation certificate along with MSME certificate as well as list of services they providers.
Service providers have to select the nature of service as well as pricing factor while registering a service.
How GeM Works:
Pre requisites for GeM sellers
- Your Aadhaar Number/Virtual ID or Personal PAN Number.
- Your Mobile Number linked with Aadhaar.
- Active Email id (can be Personal E-mail Id or Company/Organization allotted Email-Id)
- Constitution Type (Proprietorship Firm/LLP Firm, Company, Trust/Society).
- Date of Incorporation/Registration of your business
- CIN (Company Information Number) in case you are registering as a Company
- PAN Number of your Business (as per Income Tax records)
- Income Tax Return Details (ITR Form and ITR acknowledgment) for the last three years.
- Bank Account Number and IFSC Code of Bank Account which will be used for receiving payments for business done on GeM
- Complete Registered Office Address Details along with Alternate E-Mail Id & Contact Number
- Billing Address with GSTIN Number (in absence of GSTIN you will not be able to accept any Orders beyond INR 2.5 lacs on GeM)
- Companies and Firms are also required to verify Key Person information as per ITR records.
- If you are registering as a Start-Up, – DIPP Number – Mobile Number linked with DIPP
- If you are registering as an MSE, – UAM Number (Udyog Aadhaar Memorandum Number) – Mobile Number linked with UAM
How will GeM grow your business?
Any small trader or manufacturer can get a GeM registration for its business easily. A business can then access the wide interface to sell its products and services to distinguished buyers from the Government sector or PSUs, where there is a huge requirement for such supplies.
You may post your queries on rajnikant@rmpsco.com
