resulting Contracts shall be governed by the following General Terms and Conditions (GTC) (unless otherwise superseded by Product / Service specific Special Terms and Conditions (STC) and BID/Reverse Auction Additional Terms and Conditions (ATC) as applicable).
What is the meaning of ATC certificate?
A few years back ICAI introduced the Accounting Technician Course (ATC) for candidates interested in becoming normal accountants but not a Chartered Accountant.
What is PAC buying in GeM?
If any buyer wants to purchase a Particular Brand / Model of any product, then the buyer has to obtain a ‘Proprietary Article Certificate’ from the competent authority of his organization and make procurement through ‘PAC Buying’ option available on GeM Portal.
How do I purchase on GeM Portal?
How to make purchase on GeM? SignUp using the link https://gem.gov.in/register/buyer/signup. On completion of verification, Login as Primary user/HoD in GeM portal and create secondary users (Buyer/Consignee/PAO/DDO) after clicking on Manage users tab available in Dashboard. Buyer to login to GeM portal.
Who can sell on GeM?
How to sell products on GeM login without Bid? Product & Services can be sold easily on the GeM online marketplace directly to government buyers, without any bid participation if the value of the product is less than INR 50,000/-.
What is ATC exam in CA?
A candidate may opt for Accounting Technician Course. Such a candidate has to undergo a study course of nine months, 35 hours Orientation Programme and 100 hours Information Technology Training before appearing in Accounting Technician Examination (ATE). It is to be noted that Group I of IPCC is equivalent to ATC.
What is RA bid in GeM?
The e-Bidding / RA module of GeM is a tool provided to the Buyer(s) for organizing bidding / RA from GeM Sellers of the particular product category for a pre-defined requirement i.e. quantity, technical parameters for Goods/ Services of the particular product category required for one or more Buyers / Consignees.
What is splitting in GeM?
Splitting of demands by creating multiple Bids / RAs of same goods / services or making repeated procurements of same Goods / Services through L-1 buying as per rule 149(i) and 149(ii) of GFR-2017 are strictly prohibited on GeM.
How do I get a PAC certificate?
Proprietary Article Certificate (PAC) is obtained after getting necessary approvals from the competent authorities (as per General Financial Rules-2017) if the buyer wants to buy any specific Original Equipment Manufacturer (OEM) product. PAC should be operated on manufacturer only.
What is OEM in GeM?
Government e-Marketplace(GeM) classifies sellers as either OEM or Resellers. OEM means ‘Original Equipment Manufacturer’, which, as the name suggests, refers to the manufacturer of a product. A ‘Reseller’ is a dealer or distributor who buys the product from an OEM and sells it at a higher price.
How do I know if my GeM is tender?
You can search gem tender by your product category and services. Contact our customer support team for GeM Registration. Give us call to register your company with GeM Portal. The Government e-Marketplace (GeM) is a government-e-commerce portal.
How do you get L1 in gems?
Press compare button which shows on screen and OK. Buyer will find a comparison sheet. At the end of the comparison sheet, GeM portal will display the L1 to purchase amongst all the available products on GeM portal.
How do I start my own GeM business?
The following documents are required for Seller Registration:
- PAN CARD.
- UDYOG ADHAR or COMPANY REGISTRATION or LLP REQUIREMENTS.
- VAT/ TIN NUMBER (of applicable)
- BANK ACCOUNT & SUPPORTING KYC DOCUMENT.
- IDENTITY PROOF.
- ADDRESS PROOF.
- CANCELLED CHEQUE COPY.
What is registration fee for GeM?
Since there is no GeM Registration Fee, the sellers can be assured of the least expensive way to become part of GeM and start offering their services and products.
How do I register a GeM vendor?
Primary Seller Registration Process
- Go to the Government Site of GeM.
- Click on the Signup option on the top left of the page. …
- New page on Create your organization seller account open. …
- Fill in all the Details asked in the next form. …
- After filling in all the details, the Activation mail is sent to the email.