IndiaMART is a massive B2B marketplace that provides products and services through a sales portal. It is headquartered in Noida, India, founded in 1996 by Brijesh Agarwal and Dinesh Agarwal, who previously worked for HCL Technologies. Its intention was to gradually ease business with IndiaMART, and it does not charge any IndiaMART registration fee. Furthermore, by collaborating with suppliers all over India, this company meets the purchasing needs of its customers.
The website includes roughly 52 different service categories as well as products ranging from clothes to kitchen appliances. As a result, it provides a straightforward and free way to find services and products. All of the suppliers are legitimate and trustworthy, and buyers have complete access to vendors in their localities as well as throughout India. Users can sell products and services using the IndiaMART seller central platform. However, regardless of which business platform you are registered on, GST registration is required to sell taxable products throughout India.
Did you Know?
IndiaMART allows you to sell any product all over the country. All you need to do is, complete the registration process, which makes your path easy.
Eligibility to Become an IndiaMART Seller
It is necessary to meet certain standards in order to obtain IndiaMART registration, which is detailed below.
- In order to become an IndiaMART seller, your company must be registered with the Goods and Services Tax (GST) administration.
- Be prepared to provide several pieces of documentation, including an invoice, an electricity bill, and your CIN, in order to complete the verification process.
- Additionally, while filing for an IndiaMART business registration, you'll be required to submit documentation to prove your registration, such as an uncashed check, a NACH form (if you have a monthly subscription), and an IndiaMART GST certificate.
- As part of your marketing strategy, you'll need to create a catalogue that includes goods such as business cards, video tutorials, photos of products, product titles, and brochures, among others.
Following the completion of the document verification process, the cataloguing procedure can commence. The documents will be confirmed, and IndiaMART will contact you as soon as possible.
Also Read: Flipkart Seller Registration - Complete Guide on How to Become Flipkart Seller
Documents Required for Creating IndiaMART Seller Account
In order to make sales of taxable products in India, you must first register with the Goods and Services Tax (GST). To register for GST, you will need to submit a number of different documents. It is recommended that you prepare all of these documents ahead of time so that the process can be completed in a timely manner after the application is filed. Single proprietorships and individuals, partnership firms and limited liability partnerships (LLP), private limited and public limited corporations and HUFs are all eligible to register for GST.
Individual/Sole Proprietorship Documents
- A person's photograph
- Identity verification (Aadhar Card) and PAN card
- The first page of a bank statement, a cancelled cheque, or a bank passbook
- Office signatory address proof
- Rented office: NOC and rent agreement from the owner
- Own office: a printout of water bill/owned property tax receipt
Partnership Firm or LLP Documents
- Photocopies of all partners' deeds and identity verification (Aadhar Card)
- Partnership firm and designated partners' PAN cards
- The first page of a bank passbook, a cancelled check, or a bank statement
- Signatory address proof of the extra and primary business locations:
- Rented office – owner's NOC and rent agreement
- Own office – A print document of water bill/owned property tax receipt
- Authorisation letter
- The LLP's registration certificate
Private Limited Company and Public Limited Company Documents
- A company's registration certificate
- Directors' and company's PAN cards
- Photocopies of all directors' identification cards (Aadhar cards)
- MOA (Memorandum of Association) and AOA (Articles of Association) (Memorandum of Association)
- A crossed check, the opening page of a bank book, or a bank statement
- Authorisation Letter
- Signatory address proof of the extra and primary business locations:
- Rented office – owner's NOC and rent agreement
- Own office – a printout of a water bill or a tax receipt for your own property
HUF (Hindu Undivided Family) Documents
- Photocopies of identity proof (Aadhar Card)
- HUF PAN card document
- Authorisation Letter
- A crossed-out cancelled check, a bank statement, or the first page of a bank passbook
- Rented office – NOC (No objection certificate) and rent agreement from the owner
- Own office - A printout of the water bill or the tax receipt for the property you own.
How to Become a Seller on IndiaMART
There are no IndiaMART seller registration fees. To create an IndiaMART seller registration, follow the steps outlined below.
Step 1: Creating an account
- Go to the IndiaMART portal.
- In the top right corner, press the sell button.
- Include both your phone number and your name.
- You must input the OTP that you get on the provided contact number.
- Provide information about your company, such as its name and email address.
- One OTP will be sent to the email address provided for email verification.
- You will receive an email with a verification link that will take you to a page where you must provide your personal information, business information, and address information.
Also Read: Myntra Seller Registration Process - A Complete Overview
Step 2: Add Products and Information
Fill in the product or service details and click the 'Continue' button. Then enter the business's address and GST number.
Step 3: Receive business inquiries and leads to start selling.
After you've completed the procedures above, an IndiaMART seller dashboard will appear where you can view all of your leads and queries, as well as statistics and product information.
- Your account is now ready to participate in sales. After you've completed all of the above processes, you can create an IndiaMART seller account.
- Sellers can even upgrade their listings from free to premium.
- Mini Dynamic Catalog is an example of a way that helps IndiaMART sellers have access to a new sales channel where they may create business leads from all over India and advertise their business.
- Paid listing sellers get more advantages than free listing vendors.
Conclusion
It is one of the top sourcing sites for firms wishing to buy or sell things on the internet, according to Business Insider. Many different types of items and services are available on IndiaMART, ranging from clothing to industrial appliances. This results in a more cost-effective and convenient means of sourcing goods and services through IndiaMART. Create your profile by clicking on the 'Start Selling' button. This will send you to the seller dashboard (seller.IndiaMART.com), where you can begin adding products with photographs to your catalogue in order to enhance it even further. Access to IndiaMART is available via the company's website and mobile application. By opening a free account on IndiaMART today, you can begin updating your products immediately.
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