What is Government E -Market place?|What is GeM ?|GeM registration and selling process

Introduction

GeM or government e-marketplace is an online procurement ( Procurement is the process of finding and agreeing to terms, and acquiring goods, services, or works from an external source, often via a tendering or competitive bidding process.) portal of the Government opened to transform how procurement of goods and services is done by the Government Ministries and Departments, Public Sector Undertakings and other apex autonomous bodies of the Central Government. In simple terms, it is a portal where sellers can sell their goods or services directly to the government through an online portal.

GeM advantages

  • A seller has a direct access to all government departments
  • A good source of marketing for the seller
  • A one stop shop for government bids and auctions
  • A seller can suggest of a new product to the government
  • A seller can change his products price based on market conditions
  • Seller friendly dashboard for selling and monitoring of supplies and payments

GeM seller pre-requisites for registration

Your Aadhaar Number/Virtual ID or Personal PAN Number allotted by the Income Tax
Department. The 4th letter of the Personal PAN number must be “P” (XXXPXXXXXX)

  • While registering with Aadhaar, mobile number linked with Aadhaar.
  • While registering with PAN, exact PAN details such as PAN number, PAN name and Date
    of birth.
  • Active Email id (can be Personal E-mail Id or Company/Organization allotted Email-Id)
  • Business/Organisation Type:
    • Proprietorship (If you are registering as a sole proprietor business)
    • Firm (If you are registering as a Partnership / LLP Firm)
    • Company (If you are registering a Private / Public limited company)
    • Trust / Society / Association of persons (If you are registering a Trust / Society /
    association of persons)
    • Government Entity (If you are registering a Government Entity)
  • PAN Number of your Business (as per Income Tax records)
    • Proprietorship PAN (4th letter of PAN should be “P” (XXXPXXXXXX)) if you
    are registering a Sole Proprietorship Business
    • Partnership/LLP PAN (4th letter of PAN should be “F” (XXXFXXXXXX)) if you
    are registering a Firm
    • Company PAN (4th letter of PAN should be “C” (XXXCXXXXXX)) if you are
    registering a private or public limited Company
    • Trust/Society PAN (4th letter of PAN should be “T” (XXXTXXXXXX) or “A”
    (XXXAXXXXXX) or “B” (XXXBXXXXXX) if you are registering a
    Trust/Society/Association of Persons
    • Government Entity PAN (4th letter of PAN should be “G” (XXXGXXXXXX)) if
    you are registering a Government Entity
  • Date of Incorporation/Registration of your business
  • CIN (Company Information Number) in case you are registering as a Private/Public Limited
    Company
  • Income Tax Return Details (ITR Form and ITR acknowledgment) for the last three years.
    Please note that details shall be validated as per the information furnished by you while
    filing Income Tax Returns. Verified ITR details are mandatory for participating in Bid/RA
    for all entities unless incorporated less than 24 months ago or exempted from filing ITR.
    ITR details are not mandatory if you do not want to participate in Bid/RA.
  • 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)
  • Bank Account Number and IFSC Code of Bank Account which will be used for receiving
    payments for business done on GeM
  • If you are registering as a Start-Up, in addition to the above-mentioned required information,the following will also be needed: DIPP Number,Mobile Number linked with DIPP
  • If you are registering as an MSE, in addition to the above-mentioned required information, the following will also be needed: UAM Number (Udyog Aadhaar Memorandum Number), Mobile Number linked with UAM

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