Why Registration in digital portal?
As per General Financial Rules (GFR) 149 of the Government of India, all Central Government Ministries, all Public Sector Undertakings, and all State/ UT who have signed an MOU with the digital portal created and owned by the Ministry of Commerce, Registered Co-operative Societies and Panchayat Raj are expected to register in that digital portal to procure goods, services and solution by registering as a Buyer.
Who can register on digital portal as a Seller / Service Provider?
Any legal entities registered in India are eligible to register on this digital portal as a Seller/Service Provider including those PSUs and Government Departments who are selling goods and services to other Government Units. The following are the type of Sellers / Service Providers who can register in the Digital Portal:
Sole Proprietorship – Individual doing freelancing nr organization not registered as a partnership firm or Companies under Indian Companies Act.
Partnership Firm – All types of partnership firms like Registered, Un Registered, LLP Partnership Firms
Company – All Registered Companies both Pvt. Ltd and Public Ltd
Trust / Society – Any Registered Trust / Society which sells goods and services
PSU – All Public Sector Undertakings which sell Goods / Services to various Government Entities
What are the benefits to Sellers by Registering on this Digital Portal?
- Access to the entire National Public Procurement Market
- Special Provisions and Sections for Start-ups & MSMEs
- Fully online, paperless platform
- The brand application and brand approval process has been simplified
- Multiple Invoices can be generated for Single Order Online grievance redressal mechanism for quick resolution