ICAI clarifies with regard to CAs in Practice/Firms of CAs registering themselves on GeM Portal



Quick Summary
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

ICAI: CAs Can Register on GeM Portal for Services

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 here

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

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.




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