GEM Registration Certificate

 

GeM registration

#Gemregistration #gemcertifiate #gqmgovtemarketplace  #

 

  1. What is GeM registration process?

Government e-Marketplace

What is GeM Registration? GeM registration’s full form is Government e-Marketplace (GeM), an online platform for public procurement of goods and services by central and state government organizations. Public procurement has always been an essential part of government activities.

 

  1. What are the benefits of GeM registration?

GEM registration helps to authorize the manufacturer, small dealers and service providers to enter the wide and interactive online platform, where they can directly sell their products & services to various buyers from the government departments, organizations and PSUs.

 

  1. How many sellers are registered on GeM?

Moreover, the number of sellers including MSMEs registered on GeM has also crossed the 60-lakh mark from 50 lakh sellers as of August 2022, adding 10 lakh sellers in around seven months. Importantly, GeM is integrated with the government’s Udyam registration portal.

 

  1. Who generates contracts on GeM?

Once the Buyer confirms availability of Budget/block budget (applicable for PFMS buyers only), he shall be able to generate sanction and contract on GeM Portal. Once on line order is placed on GeM, the Seller is required to deliver the Goods/ perform Services to consignee within stipulated delivery date.

 

  1. What is the purpose of GeM?

GeM aims to enhance transparency, efficiency and speed in public procurement. It provides the tools of e-bidding, reverse e-auction and demand aggregation to facilitate the government users achieve the best value for their money.

 

  1. What is the minimum bidder in GeM?

Purchase above Rs. 5,00,000/- can be done through Bidding only. Select any item of the required specs and publish bid on GeM portal.

 

  1. What are the fees of GeM registration?

GeM portal Registration Fees in Delhi

Turnover of seller                                 Fees

Turnover less than ₹1 Crore         –  ₹5,000/-

Turnover between ₹1 crore          – 10 crore    ₹10,000/-

Turn over more than ₹10 crore   – ₹25,000/-

 

  1. How to check GeM registration?

The process to check the GeM registration status

  1. Step 1: Visit the GeM registration portal.
  2. Step 2: On the top right side of the website, you will now see an option to track your order.
  3. Step 3: Enter the tracking/order id.
  4. Step 4: Now you can see your GeM registration status and how your process is going on.

 

  1. Is GST mandatory for GeM registration?

Income Tax Return For (AY2020-21,2021-22,2022-23) is mandatory on Gem Portal. Uploading of GST Return (3B) of 3years is mandatory on Gem Portal. It is mandatory to upload the experience certificate of working in government departments in the financial year 2020-21, 2021-22, 2022-23 on Gem Portal.

 

  1. What is red buyer in GeM?

Answer: “Buyer Payment Status: Red” is mentioned against those Buyers who have not released payments of more than 30 orders and CRAC has been generated for more than 70 days.

 

  1. Is GeM a government company?

Government e-Marketplace (GeM) is a Section 8, not for Profit Company, under the administrative control of the Department of Commerce, Ministry of Commerce & Industry.

 

  1. Is GeM registration free?

If you want to register as a buyer or seller on the GeM portal, the registration is absolutely free of cost. The government of India does not charge you anything for registering. However, if you have appointed a consultant or an agent who is registering on your behalf, you will have to pay their consultancy fee.