ICAI Clarification with regard to CAs in Practice/Firms of Chartered Accountants registering themselves on GeM

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ICAI Clarification with regard to CAs in Practice/Firms of Chartered Accountants registering themselves on GeM.

The Institute of Chartered Accountants of India (ICAI) has clarified that the Chartered Accountants in Practice/Firms of chartered accountants are permitted to register on GeM Portal for rendering professional services.

ICAI Clarification with regard to CAs in Practice/Firms of Chartered Accountants registering themselves on GeM.

Ethical Standards Board
The Institute of Chartered Accountants of India
4th March, 2022

ANNOUNCEMENT

Clarification with regard to Chartered Accountants in Practice/Firms of Chartered Accountants registering themselves on GeM (Government e-marketplace) Portal

As the members are aware, Government of India has mandated procurement of goods and services by Government Department/organisations through GeM (Government e- marketplace) portal.

The Institute has been receiving queries as to whether Chartered Accountants in Practice/Firms of Chartered Accountants can register themselves on GeM Portal as registration on the Portal is a pre-requirement for providing professional services to the Government departments/ organisations.

It is hereby clarified that the Chartered Accountants in Practice/Firms of chartered accountants are permitted to register on GeM Portal for rendering professional services. The information being published on the portal should be in compliance with the provisions of Code of Ethics.

It may be noted that the Guidelines on Tenders dt. 7th April, 2016 issued by the Institute will be applicable to tender floated through GeM Portal also without any change. The Guidelines are appearing as Appendix -J of Volume-II of Code of Ethics, and may be accessed on the website of the Institute at https://resource.cdn.icai.org/60018code-of-ethics-2020vol2.pdf

CA. (Dr.) Jai Kumar Batra
Secretary
The Institute of Chartered Accountants of India

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