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Gem Portal Registration
GEM Registration
(Government e-marketplace) is mandatory for all buyers, government sellers, or government departments and ministries to source goods and services from the government e-marketplace.
Overview of GEM Registration
The government e-marketplace (GEMRegistration) is an online platform for public procurement introduced by the Commerce and Industry Minister on 9th August 2016, under Allocation of Business Rules, 1961. The Government of India (GOI) under-make in India has made it mandatory for all of its departments to source goods and services from its e-marketplace. The Government of India introduced this portal to acquire stores. One can sell his products to Government Departments and also buy products on Government e-marketplace (GEM) portal. It is mandatory for Government offices to buy stocks from GEM this portal. Only such persons who have obtained the GEM Registration can sell or buy on GEM portal. There are two types of GEM Registration, one for buyers and another for sellers. The objective behind GEM is to guarantee effectiveness, transparency and swiftness in procuring suppliers of goods and services.
It is an entirely paperless, cashless and technology plus system-driven e-market that enables procurement of common use of goods and services with minimal human interface. It has various features such as:
- It brings transparency
- It enhances efficiency
- It is secure and safe
- It has the potential to make in India
- Savings to the Government
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Government E-Marketplace (GEM)
The GEM Government E-Marketplace, is an e-commerce portal under the Government of India. It is an online platform for sellers and Government buyers to facilitate the procurement of goods and services required by various departments or organisations of Government and Public Sector Undertakings (PSUs).
Facilities of GEM
The following are facilities of the gem portal:
- Listings of products for individual categories of goods and services of common use
- Market place buying majority of common user items
- Look, estimate, compare and buying facility on a dynamic pricing basis
- Buying and selling goods and services online as per requirement
- Single window system for increasing or aggregating demands and ordering
- transparency
- Useful for low-value buying, as well as bulk buying at a competitive price using reverse auction or e-bidding
- Vendor rating system
- User-friendly dashboard for monitoring suppliers, payment, and buying or selling
- Return policy
The Pre-requisites for GEM Registration
The pre-requisites for GEM Registration are as follows:
- Name of organisation/department
- Type of organisation/department
- Email ID of authorised person
- Aadhar number or Pan number of authorised person
- Mobile number of authorised person
- GST number
- Filled income tax return for last 3 years
Benefits of GEM Registration
The benefits of obtaining Registration at the GEM portal are as follows:
Benefits of buyers
- List of products for the individual categories of goods or services with offers
- Availability of various facilities such as search, compare select and buy
- Enables buying online as per one own requirement i.e., as and when required
- Transparency and ease in buying
- It ensures a continuous vendor rating system
- Up-to-date, user-friendly dashboard for monitoring suppliers, buying and making payments
- Provisions of an easy return policy
Benefits of sellers
- Direct access to all departments of government
- One-stop-shop for marketing with minimal efforts
- One-stop-shop for bids or a reverse auction on products or services
- New products suggestions facility available for sellers
- Dynamic pricing i.e., price changes based on market conditions
- Sellers-friendly dashboard for monitoring suppliers, selling and payment
- Uniform and consistent purchase procedures.
Documents for GEM Registration
The documents required for GEM Registration are as follows:
- Pan card and Aadhar card
- GST certification
- Email ID and mobile number
- Details of bank account
- Income tax return (ITR) for the last three years
- MSME Certificate (if required)
- Other necessary papers if required, such as photographs, a list of products, etc.
Procedure for GEM Registration
The GEM Registration process is as follows:
1.Registration
Applicant registers on GEM portal as a seller or buyer and creates an account
2. Fill up application form
The applicant fills up the form with correct information and uploads all required Documents.
3. Submission of application form
Then applicant submits the application form at the GEM official portal
4. Approval of a form
Then the application form submitted to the GEM portal is approved by the appropriate department
5. Registration completion
After approval from the department, the registration is complete
6. Corpbiz Assistance for GEM Registration
- Purchase a plan for expert assistance
- Add queries regarding GEM Registration
- Provide necessary paper to corpbiz expert
- Prepare application for GEM Registration
- Complete all admissibility criteria for preliminary screening
- Complete procedural auctions
- Get your GEM Registration done!
Income tax Return Filing
ITR filing is an annual event applicable for all types of taxpayers whether it is a company, LLP or Individual.
Gem portal Registration
Government e-marketplace is an online platform for public procurement introduced by the commerce and industry minister.
GST Registration GST Return Filing
A taxpayer registered under GST, depending on its category, has to file several returns at the GSTN Portal.
FSSAI Registration
The Food registration is the basic registration with FSSAI of a FBO. It is required by petty food manufacturers or the FBO.
Capital Subsidy Scheme
The Credit Guarantee Fund Scheme for Micro and Small Enterprises (CGMSE) was launched by the Government.
Company Registration
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