Many businesses; especially the MSMEs, manufacturers & service providers, believe that selling to the Government is a safer bet than searching for buyers themselves to avoid cut-throat competition.
The Government E-Marketplace commonly known as GeM was initiated with a similar premise. The marketplace helps sellers get good prices for their goods and services, and the government departments to get a one-stop-solution to all their needs. This has become the National Procurement Portal of India. Further, GeM helps in taking a step closer to the Digital India vision.
How does GeM work?
Why should you register on GeM?
Registering on GeM has many benefits. We have listed the most important ones here:
1. You get a direct door to supply goods and services to Government departments and officers
2. Minimum marketing efforts needed
3. Long waits and manpower to materialize government tenders will be eliminated as you will be directly contacted once you register and display your products
4. Minimum compliance procedures
5. Pricing can seasonally or occasionally be changed based on the market conditions with no interferences based on competition.
6. Stay updated about government requirements and purchase plans
7. Timely payment
Which other Portal can you use to sell your products or services to the government?
The Central Public Procurement Portal (e-procure) helps the Central Government Organizations to post their Tender Enquiries, correct and Award Contracts. The primary objective of this portal is to provide a single point access to the information on requirements of various central government organizations.
The major difference between GeM and e-procure is that the later works on the concept of tenders and the former doesn’t.
How can ClearTax Help you?
Like every other online registration process, you have to have a list of documents kept handy for upload for these portals, too.
Our product is reliable even during hitches like non-availability of all documents in one place. You can approach us even when your servers are down or you simply don’t feel confident about this.
At ClearTax, we can get this registration done for you with minimal paperwork and hassle. It’s a user-ready service and you can start listing your products right away with no worries.