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Caution Money ₹5,000
Caution Money ₹10,000
Caution Money ₹25,000
To register on the GeM portal, you need the following documents:
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
Answer: GeM stands for Government eMarketplace, where buyers are all government departments.
Answer: This caution money provision is being introduced for bringing discipline among sellers. All Sellers on GeM would be required to deposit a fixed amount with GeM as Caution Money deposit.
Answer: During registration on the Government e-Marketplace (GeM) portal, the Permanent Account Number (PAN) of the business entity or organization registering on the platform is required. Here's how it works depending on the type of registrant:
1. For Sole Proprietorship
2. For Partnership Firms
3. For Private/Public Limited Companies or LLPs
4. For Government Entities or PSUs
Important Notes:
Original Equipment Manufacturer are termes as OEM in GeM Portal. These OEMs are basically divided into four categories under GeM:
No, Aadhaar is no longer mandatory for Seller Registration. Sellers now also have an option to use Personal PAN for Identity Verification. r to this item.
Only Primary seller can change registered email id. Seller can navigate to – My Account -> Account Settings -> Change Email option to update new email Id. Secondary sellers cannot update registered email Id.
ITR details are optional on GeM and required only for sellers who wanted to participate in BID. 1. Organizations whose Date of Incorporation is less than 2 years can be exempted from uploading ITR on GeM Portal during registration. 2. Organizations belonging to the states or regions specified in Section 10(26) of the Income Tax Act have the option to self-declare their turnover. However, self-declared turnover is not considered a verified turnover on the seller's profile.
During registration on GeM, there is an option available for you to select your organisation as a startup. Then you need to provide DIPP number and the mobile number linked with the DIPP number.
The major benefits are:
(i) Relaxation of prior experience and prior turnover.
(ii) Exemption from submitting “Earnest Money Deposit [EMD]
Yes, you can add multiple bank accounts provided one is a primary bank account and the others are secondary bank accounts.
Yes, you can offer products/services on GeM if you are both a reseller and an OEM. However, while uploading your product, you must select whether you are an OEM or a reseller for that particular product.
No, GSTIN is not mandatory for registering on GeM
The Seller/ Service Provider can raise a ticket with the below details
• Old UDYAM certificate,
• New UDYAM certificate,
• Screenshot of the profile page where OLD UDYAM is updated
• Concern on company’s letter head (Signed & stamped)
• User ID
e-Invoicing or electronic invoicing is a system introduced under GST. Applicable taxpayers must report B2B invoices to the Invoice Registration Portal (IRP) and get it verified by the GSTN. In return, they receive a unique Invoice Reference Number (IRN) and signed QR code. Under e invoice declaration the seller can declare whether they are excluded from e-invoicing as per GST laws and declare their turnover details. (Signed & stamped)
• User ID
e-Invoicing or electronic invoicing is a system introduced under GST. Applicable taxpayers must report B2B invoices to the Invoice Registration Portal (IRP) and get it verified by the GSTN. In return, they receive a unique Invoice Reference Number (IRN) and signed QR code. Under e invoice declaration the seller can declare whether they are excluded from e-invoicing as per GST laws and declare their turnover details. (Signed & stamped)
• User ID
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