There is caution money that every seller has to pay on the GeM portal. The charges will be as per the turnover of the seller. If you do not deposit the caution money you won’t able to sell your product on
- If the turnover is less than 1crore more than 5 lakhs have to deposit rs 5000 as the caution money.
- If the turnover is more than 1 crore but less than 10 crores,10000 thousand caution money seller have to pay.
- If the turnover is more than 10 crores, 25000 rs caution money seller has to pay
Basically, you have to understand that all the charges and security deposit goes higher with the turnover of the seller.
For this process, our experts are here for your help they will help you to get registered on GeM. All the processes and work doing our experts carefully, for you may not have any problem in the future our all executives take their responsibility professionally.
Apply with us to download the GeM certificate
Now you can download the GeM certificate as per all the above information So do register yourself with us and get the best assistance from our end. We have an experienced team for your help. we are continuously working to make the registration process easy so that sellers can register under the GeM portal and get all benefits from the government. I hope you will like the article and get all the information as per your requirement. If you still have any quires you can comment down below we will surely help you with this.