Beneficial Ownership Compliance on GeM
There are Compliance of Restrictions under Rule 144 (xi) of GFR 2017 and clause no 26 in GeM GTC about restrictions on procurement from a bidder of a country which shares a land border with India
- Not sharing Land Border with India: If you are not sharing any border land with India, then you don't need to upload any declaration. Simply select first option1 and Verify with OTP.
- Sharing Land Border with India: If you are from the country which shared the land border with India, you have to submit this declaration.
Fill out this declaration and select second option2. Upload the declaration and Verify with OTP.
Caution
Any false declaration and non-compliance of the GeM GTC would be a ground for immediate termination of the contract and further legal action in accordance with the laws.
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Contact Now- I have read the clause regarding restrictions on procurement from a bidder of a country which shares a land border with India; I certify that this Seller / Service Provider / Bidder is not from such a country. I hereby certify that this Seller / Service Provider / Bidder fulfills all requirements in this regard and is eligible to be considered for procurement on GeM. I understand that any false declaration and non-compliance of this would be a ground for immediate termination of the contract and further legal action in accordance with the laws↩
- I have read the clause regarding restrictions on procurement from a bidder of a country which shares a land border with India; I certify that this Seller / Service Provider / Bidder is from such a country but has been registered with the Competent Authority. Evidence of valid registration by the Competent Authority is attached / uploaded herewith. I understand that any false declaration and non-compliance of this would be a ground for immediate termination of the contract and further legal action in accordance with the laws↩