Answer

1. F

   Facts

   Government e-Marketplace is the government's official procurement platform. All government buyers, central and state ministries, PSUs, defence, railways, must procure below ₹25,000 only through GeM. For goods above ₹25K: preference to GeM sellers, especially MSMEs.

2. P

   Provisions and law

   • GeM Portal (gem.gov.in) | MSME Preference | Make in India
3. A

   Analysis

   Why register on GeM: ₹4L crore+ annual transactions. Government is the most reliable buyer (payment within 10 days). MSMEs get preference over large companies. 25% of all government procurement reserved for MSMEs. MSME preference on GeM: Startups with DPIIT recognition get exemption from turnover and experience criteria. Women-owned MSMEs get additional 3% price preference. Products with "Make in India" classification get preference over imports. Registration: gem.gov.in → seller registration. Requires Udyam (MSME), PAN, GST, bank account, IEC (if exporting). Products catalogued by HS code. Bids and reverse auctions conducted on portal.

4. C

   Conclusion

   Talk to a Savvy for the exact next step on your case.

General guidance from TaxSavvy’s library of money processes. Laws change; your Savvy confirms the answer on your exact case before anything is filed.