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Vendor Assessment on GeM

Annexure – II  List of initial documents to be furnished by Sellers for carrying out Vendor Assessment (Agency can request for more documents / information as needed for verification)  1. Company / Firm registration documents.  2. Name, Contact details with e-mail address of the promoters.  3. PAN card copy.  4. Memorandum of Association and Articles of Association (in case of Companies) Partnership Deed (in case of Firms).  5. Sales Tax Registration (all required in case of multiple billing addresses) document copy required for CST & VAT.  6. Crossed Bank Cheque.  7. Vendor Principal Agreement copy (applicable if the entity is a dealer or a vendor of an OEM).  8. Management undertaking for years of experience in dealing with Government Organisations. 9. Copy of Purchase Orders copies, Delivery Challans, GRN (Goods Received Note), Invoice for Government Tenders / Businesses for the last three financial years. These documents are required ...

Requirement for Registration on GeM Buyer & Seller

Requirement for Registration on GeM is as follow (Go to URL  www.gem.gov.in ) :- GEM SELLER REGISTRATION PROCESS Aadhaar number Active Mobile number to which your Aadhaar is linked – for OTP purpose. A Manufacturer would need his Aadhaar number, UAN, GSTN/PAN if financial turnover is greater than Rs. 20 lakhs or Manufacturer will provide Aadhar/PAN/UAN and Bank details if financial turnover is less than or equal to Rs. 20 lakhs. Seller/Service provider should submit his aadhar number/GSTN/PAN if financial turnover is more than Rs. 20 lakh. In case of turnover less than 20 lakhs he/she will have to submit aadhar number, PAN number and Bank Account details. The Manufacturer/Seller/Service provider needs to visit the GeM portal for registration and select the ITR (4/5/6) type, provide assessment year and acknowledgement number . If it is a firm, he/she needs to provide PAN and if it is a company, he/she needs to provide CIN. A Manufacturer/Seller can register himself as a Seller ...

GeM New Update March 2020

Bidding Process: -            GeM introduces CMC (Comprehensive Maintenance Cost) based evaluation for Medical equipment upto 5 years. -            Bid Enhancements for supporting Freight intensive items such as Steel, Cement etc. made available on GeM -            At the time of bid creation buyer can now choose delivery period upto 180 days. -            EMD Exemption Workflow -            Buyers can now validate sellers credentials if they are eligible for exemption of EMD in technical evaluation. -            ATC Library - revamped -            ATC library revamped with clause(s) most frequently used by buyers. Clause...

WHAT IS DIGITAL SIGNATURE & TYPE OF DIGITAL SIGNATURE & ITS USE

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WHAT IS DIGITAL SIGNATURE??? A  Digital Signature Certificate  is a secure digital key that is issued by the certifying authorities (CA) for the purpose of validating and certifying the identity of the person holding this certificate. Digital Signatures make use of the public key encryptions to create the signatures. A digital signature certificate (DSC) contains information about the user’s name, pin code, country, email address, PANCARD no., Aadharcard no. etc., date of issuance of certificate and name of the certifying authority. Type of Certificate 1.       Signature 2.       Encryption 3.       Document Signer 4. DGFT 1.       Digital Signature: For Sign digitally any Document in secure medium. 2.       Encryption: for Secure the data with more security with encryption. 3.       Document Signer: ...

Startup Company Registration FOR GeM Portal

Eligible Criteria for Startup Company Registration & process 1.  Company Age :  Period of existence and operations should not be exceeding 10 years from the Date of Incorporation. 2.  Company Type :  Incorporated as a Private Limited Company, a Registered Partnership Firm or a Limited Liability Partnership. 3.  Annual Turnover :  Should have an annual turnover not exceeding Rs. 100 crore for any of the financial years since its Incorporation. 4.  Original Entity :  Entity should not have been formed by splitting up or reconstructing an already existing business. 5.  Innovative & Scalable :  Should work towards development or improvement of a product, process or service and/or have scalable business model with high potential for creation of wealth & employment. What is Startup India? Startup India, initiated by the Government of India is a flagship initiative launched in January 2016. This initiative is taken b...