The Institute of Chartered Accountants of India (ICAI) has issued a clarification regarding the registration of Chartered Accountants in practice and CA firms on the Government e-marketplace (GeM) portal. Following queries about whether CAs can register to provide professional services to government departments, the ICAI has confirmed that such registration is permitted. All information published on the GeM portal must adhere to the Code of Ethics, and the Institute's existing Guidelines on Tenders will also apply to tenders floated via the GeM portal.
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,
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FAQ :
Yes, Chartered Accountants in practice and Firms of Chartered Accountants are permitted to register on the GeM Portal.
Registration on the GeM Portal is a prerequisite for providing professional services to Government departments and organisations that procure goods and services through this platform.
Yes, any information published on the GeM portal by CAs must be in compliance with the provisions of the Code of Ethics.
Yes, the Guidelines on Tenders issued by the ICAI on 7th April 2016 will be applicable to tenders floated through the GeM Portal without any changes.
The Guidelines on Tenders are available as Appendix-J of Volume-II of the Code of Ethics and can be accessed on the ICAI website.