The Government of India has introduced a digital e-commerce portal named GeM to enhance transparency and efficiency in the public procurement of Goods & Services for Government Organizations and Departments. The purchases through GeM by Government users have been authorized and made mandatory by the Ministry of Finance by adding a new Rule No. 149 in the General Financial Rules, 2017.
The GeM is a portal for offering and availing the product and services. However, in most cases, the availing portion falls under government organizations and officers. But for the seller part or offering is open to every seller. This leaves us with the conclusion of two types of registration options on GeM
- Buyer Registration
- Seller Registration
I will take Seller Registration in this article, as it is the one that is much more complex. The data available out there is also limited when it comes to Registration for a Seller. Let us get started with understanding it first.