A Complete Guide to GeM Registration Fees & Transaction Charges

The Government e-Marketplace (GeM) is a powerful online portal. It helps businesses sell goods and services to government departments. But many vendors wonder about the costs involved. This guide will clarify everything you need to know about GeM registration fees and other charges.

What is the Purpose of the Government e-Marketplace (GeM)? 🤔

The Indian government created GeM to make public procurement transparent. It’s an online platform for Central and State Governments, and PSUs. A key goal is to support Micro, Small, and Medium Enterprises (MSMEs). GeM aims to simplify doing business with the government. It offers direct access to the national public procurement market. The portal is user-friendly and fully automated, promoting market-driven decisions.

Is GeM Registration Free of Cost? ✅

Yes, you can celebrate! There is absolutely no government e-marketplace registration fee. You can register your business and create a GeM login completely free. This also means you do not have to pay any GST on registration. However, be aware of GeM consultant registration fees. If you hire an agent to register on your behalf, they will charge a service fee, which might include GST.

GeM Registration Fee vs. GeM Transaction Charges ⚖️

It's crucial to understand the difference between GeM registration and transaction fee. While registration is free, transaction charges may apply later. These are not registration fees but charges on sales made through the portal. Think of it like a marketplace fee that applies only when you successfully sell your products or services.

Understanding GeM Hidden Charges for Sellers

So, are there any hidden costs? GeM has a clear revenue policy based on transaction charges. Sellers pay these charges only when their sales value crosses a certain point. This is determined by the Seller Merchandise Value (SMV). So, what is GeM seller merchandise value? SMV is the total value of orders a seller accepts on the GeM portal in a financial year. For example, if your SMV exceeds ₹20 lacs in a year, GeM applies a 0.5% annual milestone charge.

The Complete GeM Transaction Charges Slab 📊

The GeM portal transaction charges are applicable for orders over ₹5 lakh. A seller can pay these charges when accepting an order. The charges are structured in different slabs based on the order value.

S.N.

Order Value

GeM Transaction Charges

₹ 5 Lakh to ₹ 50 Cr

0.5% of the Order Value

₹ 50 Cr to ₹ 100 Cr

₹ 25 lakh + 0.4% of the Order Value above 50 Cr

₹ 100 Cr to ₹ 200 Cr

₹ 45 lakh + 0.3% of the Order Value above 100 Cr

₹ 200 to ₹ 300 Cr

₹ 75 lakh + 0.2% of the Order Value above 200 Cr

₹ 300 to ₹ 500 Cr

₹ 95 lakh + 0.1% of the Order Value above 300 Cr

₹ 500 Cr onwards

A flat fee of ₹ 115 lakh

GeM Forward Auction Transaction Charges

The portal also has specific GeM forward auction transaction charges. For these orders, the buyer bears the transaction charges during order approval.

S.N.

Order Value

Transaction Charges

< ₹ 200 Cr

0.5% of the Order Value

> ₹ 200 Cr

Flat ₹ 1 Cr

How to Pay GeM Transaction Charges & AMC 💳

The GeM AMC payment process is entirely online. To pay your transaction charges, simply log in to the GeM portal. Click the ‘Pay AMC/TC’ button. You will see ‘Pay bifurcation’ and ‘Pay now’ options. Choose ‘Pay now’ and select your payment method like NEFT, RTGS, or net banking to complete the payment.

Documents Required for GeM Registration 📋

To register successfully, you must have the correct documents. The GeM portal registration documents list is straightforward. It ensures your business is verified and ready to participate.

• PAN Card
• Aadhaar card of the applicant
• Valid Email ID and Phone Number
• GST Registration Certificate
• MSME Certificate or Udyog Aadhaar (fulfills GeM registration requirements for MSME)
• A cancelled cheque copy
• Other supporting documents like photos or product lists may also be required.

Maximizing Your Success Beyond GeM Registration 🚀

Registering on GeM is just the first step. The real challenge is finding the right opportunities and winning bids in a competitive environment.

Finding the Right Tenders

GeM lists thousands of tenders daily. Sifting through them to find relevant ones can be overwhelming. Using a smart platform can help you cut through the noise. TenderX, for instance, aggregates over 20,000 new tenders daily from 50+ portals, ensuring you never miss an opportunity that fits your business profile. You can start exploring relevant tenders today on our search page.

Preparing a Competitive Bid

Winning a tender requires more than just a low price. Your bid must be fully compliant with the tender requirements. This means having all your documents in order and meeting every condition specified. A well-prepared, compliant bid significantly increases your chances of success.

Learning from the Market

Understanding who is winning tenders and why is a powerful strategy. By analyzing awarded contracts, you can gain insights into winning bid values, competitor strategies, and buyer preferences. This market intelligence helps you craft a more competitive and informed bid for your next opportunity.

If you have any questions about navigating the complex world of government tenders, our team is here to help. We can assist with everything from finding the right tenders to understanding documentation and results.

For any queries, feel free to contact us at Email: info@tenderx.in or Contact: +91 7020625727.