What exactly is the Government eMarketplace?
The Government eMarketplace is a large platform where merchants advertise their goods and services and any government department, ministry, or public sector entity may purchase them.
It functions similarly to any other e-commerce platform, such as Amazon or Flipkart, except that buyers in GeM are only government agencies, and sellers can be anybody who has registered on the GeM site.
The GeM registration procedure for enterprises is simple and straightforward, and there is no registration charge.
However, the government has implemented a monetization plan that is based on sales volume and service quality.
GeM portal has some of the most advanced B2B eCommerce capabilities available, including e-auction, reverse e-auction, demand aggregation, tight quality control, total transparency, and more.
How to Register in GeM as a Business: What is the GeM Registration Process?
The GeM registration process for enterprises (or sellers) is incredibly simple and may be completed through the GeM portal.
Because there is no GeM Registration Fee, vendors may be guaranteed of the most cost-effective approach to join GeM and begin providing their services and products.
However, before registering, the supplier must meet the following requirements:
- What kind of company is it? Is it a corporation, a partnership, a trust, or a society?
- The name of the registered business and the documentation associated with it
- The user’s Aadhaar card and PAN card (mandatory requirement)
- The registered business’s mobile phone number
- CIN, PAN, DIPP, UAM, and ITR documents
- The registered address is
- Bank account information
- Active email address
GeM Registration Fee: The Government’s Monetisation Strategy
To be clear, sellers do not have to pay a registration fee. For all sellers and enterprises, the GeM registration process is completely free.
However, starting on June 1st, 2020, the Government of India has implemented a monetization policy within GeM websites that apply to all merchants.
Here’s how it works:
- If a merchant’s Seller Merchandise Value (SMV) exceeds Rs 20 lakh in a year, they would be compelled to pay a one-time charge of Rs 10,000 to remain active as a seller on the GeM platform.
- If a seller has already surpassed the SMV of Rs 20 lakh, a transaction charge of Rs 5 lakh or more will be charged on any orders of Rs 5 lakh or more value. It will be determined by the value of the goods and services supplied.
- If the order amount is between Rs 5 lakh and Rs 50 crore, the sellers will levy a 0.5 per cent transaction fee.
- If the order value is between Rs 50 crore and Rs 100 crore, then 0.5 per cent is charged for the first Rs 50 crore (which is Rs 25 lakh) + 0.4 per cent for the following Rs 50 crore (which is Rs 20 lakh) + 0.3 per cent for products valued at more than Rs 100 crore.
- If the order value exceeds Rs 200 crore, 0.5 percent is charged for the first Rs 50 crore (Rs 25 lakh) + 0.4 percent for the following Rs 50 crore (Rs 20 lakh) + 0.3 percent for the next Rs 100 crore (Rs 30 lakh) + 0.2 percent of the order value over Rs 200 crore.
- If a product is returned or refunded, the subsequent payments will be reversed.
