Digital Signature Certificate for Foreign Trade
Foreign Trade made possible with Digital Signature Certificate.
Foreign Trade and Digital Signature Certificates
Export and Import Organizations (EXIM organizations) can apply for licenses online which means that they can also file accompanying documents electronically on the DGFT website.
Since a Digital Signature Certificate ensures authenticity of the document, DGFT has mandated use of Digital Signature Certificates with all electronic documents uploaded on the DGFT site. This means that every EXIM Organisation needs to necessarily have a Digital Signature Certificate for transactions related to the DGFT website. On validating the identity of the sender, authenticity of the documents and validity of the DSC, DGFT then processes the documents for licence issuance. In addition to convenience, online submission of applications on the DGFT website also mean a 50% reduction in licence fee for EXIM Organisations. Organisations can prevent fraudulent practices such as identity thefts by filing bills of entry using a Digital Signature Certificate. If an organisation is filing documents through Custom House Agents, it is important that all documents filed are accompanied by a DSC. A Class 3 Digital Signature Certificate is essential for any organisation seeking an Import or an Export Licence that needs to be registered in the name of one representative authorised to represent the organisation. Since a Digital Signature Certificate is recognised by the legal system, all documents submitted using a Digital Signature Certificate is considered on par with physically signed documents, and also attract benefits endowed upon them through the Indian Information Technology Act 2000.
Where can I use Digital Signature Certificates?
You can use Digital Signature Certificates for the following:
- For secure email and web-based transactions, or to identify other participants of web-based transactions.
- To prove ownership of a domain name and establish SSL/ TLS encrypted secured sessions between your website and the user for web based transactions.
- As a developer, for proving authorship of a code and retaining integrity of the distributed software programs.
- For signing web forms, e-tendering documents, filing income tax returns, to access membership-based websites automatically without entering a user name and password etc.
Get Digital Signature certificate for eTenders/eProcurement/eBidding/eAuction Online Within 10 Minutes.
For companies who engage in or want to participate in tendering processes, run either by the government or by other private companies, applying for a DSC is indispensable. A DSC not only acts a medium for e-Tendering, it makes the process transparent and effortless.
Under the Information Technology Act, it is legally incumbent for all e-procurement processes to have a Digital Signature Certificate. Another great advantage is that with documents being uploaded centrally, receipts are promptly available. If you are handling paper documents on the other hand, you must scan and verify them before forwarding them for processing.
With greater popularity and recognition accorded to e-Procurement, an improved transparency now marks the system. Other advantages of using DSC in E-tendering is that it helps overcome physical boundaries, significantly bringing down the costs involved and helps the bidder keep in step with rapidly changing technology.
A class 3 DSC is essential, for any organization looking to apply for any Government e-Tender. Note :The DSC must be registered only under the name of person authorized for online submission of e-Tenders.
