For Buyers
Why buy on GEM
- Provide transparency and ease of buying
- Offers rich listing of products for individual category of goods/services
- Direct purchase for amounts upto INR 25000
- L1 purchase for amounts greater than INR 25000 and less than INR 5 Lakhs
- Proprietary Article Certificate Bid- Procurement of specific product as per requirement
- Price Trends and Price Comparison From Multiple Suppliers
- Direct notifications to sellers
- Integrated Payment System
- Easy to comprehend interface to search, compare, select and buy
- User friendly dashboard for monitoring supplies and payments
- Online grievance redressal mechanism for quick resolution
- Direct purchase, L1, Push button procurement, Bid/RA mode of procurement and forward auction for auction.
GeM has enriched listing of approximately 10000 products categories and 290 services categories wherein millions of sellers have offered their catalogue. - Buyers can now select bid duration between 3 & 45 days.
- Delivery period upto 365 days and upto 6 years with approval.
- Option to provide multiple consignee locations and quantity
- Multiple consignee can be selected for Services
- Pin-code based seller selection for Direct Purchase Mode
- ATC library available for addition of terms and conditions
- Additional Deductions can be applied by buyers at the time of bill generation
- Notification to buyers regarding:
- expiry of DP (Delivery Period) for the contract
- Initiation of cancellation of contract in case of non-delivery by sellers
- Buyer during technical evaluation can make a MSE seller eligible or ineligible for MSE purchase preference.
- Now buyers get the option to cancel the Product contract(s) even if the invoice has been generated by seller provided 15 days have expired from delivery period.
- 18 Banks have enabled GeM Pool Account
- To improve fair participation in Bid / RA, GeM now ensures that at least 3 sellers have participated and offered products from at least 2 different OEMs.In case buyer wants to proceed with less than 3 Resellers or two OEMs/Brand, they have to upload approval from Competent Authority.
For Sellers
Why sell on GEM
- Access to National Public Procurement market
- No charges or fee for getting registered
- Special provisions and sections for startups, MSMEs and Emporium products
- Fully online, paperless and contactless platform
- A list of prerequisites for the seller registration has been made available so that it becomes a guide to the seller during registration https://gem.gov.in/support/sellers/?lang=english
- Brand application and brand approval process has been revamped for sellers
- Multiple invoice for single order
- Easy access to participate in bids/reverse auction
- Clock has been enabled in RA to display remaining time for seller participation
- Online grievance redressal mechanism for quick resolution
- All sellers will be shown reasons for rejection
- Seller friendly dashboard for monitoring supplies & payments
- Business Cockpit has been enhanced with additional parameters in existing report as well as new chart widgets based on OEM and MAIT recommendations
- Seller belonging to North East states and J & K are exempted from ITR at the time of bid participation
- Dynamic Pricing- Price can be changed based on market conditions
- Direct access to Government departments and their organizations.
