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Important Notification for all Buyers dated 22-12-2018

All Buyers are advised that all activities including Generation of CRAC and bill, and further release of Payment to the vendor etc should be in digital mode in accordance with GeM Terms & Conditions. Accordingly, sellers should not be asked to submit signed hardcopy of bill for payment. This is not only violating the laid down process of GeM but also violating Ministry of Finance OM dated 20-09-2016, (Para 15 as reproduced below).
“In terms of the provisions of the Information Technology Act 2000 as amended from time to time, digitally-signed online documents generated on GeM shall be treated at par with ink-signed document for release of payment to the Seller/Supplier and no ink-signed paper/documents shall be demanded/insisted.”

 

GeM Team