The Finance Department, Puducherry on January 10, 2022 has issued Notice regarding Clearing of long outstanding payments of suppliers against Contracts placed by various buyers/organizations on GeM Portal and updation all pending payments on the Portal.
The following was stated namely: -
• Non-Compliance with payment terms on GeM and delayed payment by buyers to suppliers. This can lead to a situation that bonafide sellers reduce supplies and/or raise prices. This would hurt the general interest of buyers.
• For ease in updating offline payments, GeM has created a bulk payment updation facility where the buyer, instead of updating individual order payment position, can upload an excel sheet specifying payment status of all order in bulk.
• This may be done positively by the end of January, under intimation to the Finance Department.
[Notification No. 16016/FD/F3/2018(Part)]
