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Why am unable to submit my offer price in Purchase Requisition which is below the reference price on GeM?
Why am unable to submit my offer price in Purchase Requisition which is below the reference price on GeM?
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ArjunAnswered on February 19,2020
In Purchase Requisition, Seller can only offer discounted price upto a limit of 10% below their market price incase of Products. If the reference price is lower than Seller's market price, Seller is required to update product price in market through their catalog for offering lesser price beyond the discounted limit in Purchase Requisition.
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