Know More Quick Signatures
What class & variant of DSC should I buy?
What class of DSC should I buy?
DSC is now sold in only one class : Class-3. There will be no more Class-2 sold from 2021 as per CCA guidelines. Class-3 DSC is sufficient to sign documents for a large variety of purposes – including tax returns (Income Tax /GST), invoice signing (Tally or PDF), completing Director’s KYC, register new business firm on MCA Portal(ROC), applying Import Export Code (IEC), EPF Portal, etc. Some Tender Portals require vendors to use Class-3 Digital Signature with encryption combo. Apart from that It is used for e-bidding, e-auction, e-ticketing, trademark & patent registrations, ice gate, central board of excise etc.
What is DSC for Individual and DSC for Organizations
Individual user DSC includes applicant’s name, mobile number, email id, pan, state in digital signature and it is either directly varified with the aadhar of the applicant. In other words, individual user DSCs do not includes organization name in DSC. Any Indian and foreign Individual user falls under that category.
Organization user DSC contains organization name, applicant name, email id, personal PAN no, state name. In case of DGFT DSC, it also contains IEC and branch code. Proprietorship, Partnership, Private Limited, LLP, Society, Trust and government organization, foreign organization user all comes under that category.
What variant of DSC should I buy?
Class 3 DSCs have different variant based on usage and security standard. Except otherwise instructed or intimated – Individual DSCs are commonly used for most of the purposes. Only thing is that DGFT DSC used for DGFT portal/foreign trade is by default an organization DSC. Under individual DSC, major variants are Signing Only DSC, Combo DSC (Signing + Encryption). Different government portal prescribe different variant of DSCs for user operations.
An organization DSC may be a signing only DSC or Combo DSC. Need of buying an organization DSC required your professional’s guidance. Though we strive to share with you all possible information regarding DSC, still we recommend to use the guidance of your own professional.
Please find below a general guideline to choose your DSC
A Digital Signature Certificate is required by the Ministry of Corporate Affairs or the Registrar of Companies in order to facilitate a much transparent and smooth transaction. It is less time consuming and helps in guarding data. A Class 3 Signing Only DSC is sufficient for all MCA incorporation and filings. But, for extended use you may choose a combo (signing + encryption)
By using Digital Signature Certificates, businesses can now easily allow their employees to sign and file tax returns on behalf of the company and also help them make online payments. Anyone who is registered in the Authorized person Tab of the GST Common Portal for any enterprise can sign and file GSTR using DSC. A Class 3 Signing Only DSC is sufficient for all GST compliance and filings. But, for extended use you may choose a combo (signing + encryption)
Digital Signature Certificate will help you file your Tax Returns by making it easier and more secure. As per section 44AB of the Income Tax Act a revised provision was made, stating that e-filling is mandatory for all professionals having a yearly receipt of Rs. 25 Lakh and organizations that house an annual turnover of Rs. 1 crore and above. Also for all audit files, a digital signature certificate is a must. A Class 3 Signing Only DSC is sufficient for income tax filings. But, for extended use you may choose a combo (signing + encryption)
Every type of Airline, Shipping agent, trade partner and Government agencies need to connect to the Indian Customs EDI gateway or ICEGATE in order to file documents and facilitate data sharing for administrative and policy making purposes. The DSC gives access to a Remote EDI service or RES to industries and trade agencies for the exchange of data, e-payment etc. Digital signature Certificates are used by these organizations in order to credit the identity of the users for security purposes. A Class 3 Combo DSC (eMudra recommended) is required for all ICEGATE.
A Digital Signature Certificate is essential for organizations and businesses that have E-tendering processes on various Government sites. It allows a convenient and transparent E-tendering procedure by guaranteeing a greater security during online transactions. DSC has a legal status as it is authorized under the Information technology Act, making it mandatory for all kinds or E-procurement processes. A Class 3 Combo is required for this purpose.
Digital signature certificates can make the labour of the owner more convenient, cost-efficient and comfortable, while handling the employees’ PF transfer claim forms. The authorized employees can now digitally sign using DSC and submit their forms online, in Employer Online Transfer Claim Portal (EPFO). The employer is able to easily request applications and verify the member details by accepting and submitting the requests through this online portal.
EXIM or Export and Import organizations should get their electronical licenses on the DGFT website, because it guarantees the authenticity of any document. It is mandatory to use Digital Signature Certificate for all electronic documents and for transactions related to any foreign trade on the DGFT website. It also allows the EXIM organization to get a 50% decrease for the fee on license procurement. Due to Digital Signature Certificate, they can also prevent identity thefts while filing bills.
A Digital Signature Certificate will help verify the identity and the address of your customer while carrying forward an electronical KYC or Know Your Customer through Aadhaar Offline XML. An Aadhaar EKYC will help in providing you with minimal hassle and suspensions while the attestation of verification processes, where a guarantee of a faster procedure will be given when you issue a Digital Signature Certificate. In order to perform this Aadhaar eKYC, the owner should have their Aadhaar and number linked to it.
In order to have a smooth and secure process of IRCTC e-ticket booking, the concept of Digital Signature Certificate can be issued by authorized agents. With the verification of the digital certificate, the user will be able to book numerous tickets, without any limitations. The authorized agent is required to hold a mandatory Class 3 digital signature certificate.
The Information Technology Act of 2000 made the use of DSCs mandatory when there is a need for electronical document submission in order to guarantee the security and the authority of the filed document. An Intellectual Property Right or IPR protects you for your intellectual assets which is acquiescent with the public policy objective of India. The Controller General of Patents has arranged a Class 3 DSC for the e-filing of trademarks and patents in the country. A digital signature certificate can guarantee the highest level of security.
In order for safe and secure transactions within the Indian subcontinent, citizens or organizations from another country and Indian nationals living in abroad, a digital signature is required. All the attested form of important documents like address proof and identity proof is compulsory while filing for a DSC.