Government e-Marketplace Registration: Fees & Process

Understanding Government e-Marketplace Registration Fees & Process

The Government e-Marketplace (GeM) is a dedicated online platform for procuring services and goods by government departments, central and state, as well as PSUs. Its purpose is to facilitate transparent public procurement, focusing on SMEs and MSMEs, thereby simplifying the e-procurement process.

GeM Portal Registration Process

The GeM portal registration process is straightforward and user-friendly. There are no charges for government e-marketplace registration, making it accessible to all businesses. No GST is applicable since there is no GeM registration fee involved. Once registered, businesses can engage in government e-marketplace transactions seamlessly.

GeM Transaction Charges for Sellers

While there are no initial fees for GeM registration, sellers incur transaction charges when sales reach specified thresholds. For instance, once the Seller Merchandise Value (SMV) reaches ₹20 lacs within a financial year, an annual milestone charge of 0.5% is applied. Sellers must manage these charges as part of their operational costs on the GeM platform.

Detailed GeM Transaction Charges

1. Order Value ₹5 Lakh to ₹50 Cr: 0.5% of the Order Value
2. Order Value ₹50 Cr to ₹100 Cr: ₹25 lakh + 0.4% for orders above ₹50 Cr
3. Order Value ₹100 Cr to ₹200 Cr: ₹45 lakh + 0.3% for orders above ₹100 Cr
4. Order Value ₹200 to ₹300 Cr: ₹75 lakh + 0.2% for orders above ₹200 Cr
5. Order Value ₹300 to ₹500 Cr: ₹95 lakh + 0.1% for orders above ₹300 Cr
6. Order Value ₹500 Cr onwards: Flat ₹115 lakh

For forward auction orders, transaction charges vary, ensuring transparency in the e-tender process.

Required Documents for GeM Registration

To register on the GeM portal, businesses need: a PAN card, Aadhar card, email, phone number, GST registration, MSME certificate, and a cancelled cheque. Additional documents like product lists may be required. Ensure these are ready to expedite your registration process.

GeM Registration and Bidding Assistance

Navigating the competitive landscape of GeM tenders can be challenging. TenderX provides comprehensive support for GeM registration and bidding assistance. Our services include identifying relevant tenders, real-time notifications, and document support to streamline your bidding process effectively.

For professional assistance with GeM registration and accessing exclusive tenders, visit TenderX and enhance your business opportunities in the government marketplace.

Call to Action

Ready to maximize your business potential with seamless GeM registration? Contact TenderX for expert guidance and support in navigating government tenders efficiently.