Transcription of Vendor Assessment on GeM
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Vendor Assessment on GeM
Vendor Assessment on GeM ** From 1st August, 2017 onwards sellers on GeM would be required to get an Assessment of their company profile and the products that are registered for offer on GeM. For the purposes of Assessment , 3 SEBI empanelled Credit Rating Agencies namely M/s CRISIL Ltd, M/s India Ratings and Research Pvt Ltd and Brickworks Ratings India Pvt. Ltd have been engaged. The Vendor Assessment will be carried out for all the Sellers except the following categories: - a) OEMs having annual turnover of Rs. 1000 Crore and having profit in last three years out of five years. b) Sellers of Stationery items except paper, will also be exempted from the requirement of Assessment being done by these agencies. c) Sellers not falling in category (a) and (b) and list their products and sell under direct purchase having order value up to Rs 50,000/- subject to ceiling of maximum Rs5 lakh per month.
Vendor Assessment on GeM ***** From 1st August, 2017 onwards sellers on GeM would be required to get an assessment of their company profile and the products that are registered for offer on GeM. For the purposes of assessment, 3 SEBI …
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