How does DSC help Import & Export Businesses?

digital signature for dgft
Digital Signature Certificates are necessary for individuals and organizations involved in the Import & Export business. 

DSC i.e. Digital Signature Certificates can be understood with the usage of physical signatures, as the physical documents are signed manually, likewise, digital documents are signed digitally using a Digital Signature Certificate. 

Other than being mandatory, DSC offers multiple other valuable benefits for entities involved in this industry. 

Key Benefits of using DSC for DGFT, ICEGATE professionals -

1. Reduced License Fee –  If you submit the documents online using the DGFT website, then there is a 50% reduction in the license fee for EXIM organizations. 

2. Mandatory Clause –  It is compulsory for you to use the digital signature for dgft processes to take place if you are choosing the online mode of transactions. All the digital documents to be submitted needs to be digitally signed. You can get the DSC from any of the certifying authorities mentioned on the GOI’s CCA website like Capricorn CA. 

3. Easy & Convenient –  India is digitizing, every form of the legal process has gone digital. One sole reason for such a movement is that digital processes are much easier and much more convenient. No hassle of remembering to carry all the documents or waiting in lines or discrepancies due to lazy processing. Just sign the documents, upload, verify, and done!

5. Foreign Trade – Due to the digital signature, you can now access foreign trading opportunities.

6. Authenticity & Security – The legal arena of the DGFT portals recognizes DSC because of the promise of authenticity and security it provides. After a document has been signed digitally, it is protected in such a manner that it can then not be tampered with in any way by any hacker. Affixing the digital signature assures the receiver of the identity of the sender and so checks for the authenticity of the document. 

7. Various use cases - The digital signature certificate can be used various processes on the digital signature certificate can be used in various processes on the ICEGATE portal, including sending documents, exchanging data, electronic payments, status checks, document tracking, and responding to request.

Why Capricorn CA?

Capricorn CA has been licensed as a Certifying Authority in India by CCA (Govt. of India). Capricorn CA was listed under the top 5 Finalists in Cybersecurity in National Startup Awards 2020 (GOI). 

To avail of a DSC from Capricorn CA, You can either contact your local DSC vendor and ask for the Capricorn Identity Solutions Pvt. Ltd. DSC or you can get it directly from us through our website. 

Who Issues a Digital Signing Certificate?

A licensed Certifying Authority (CA) issues the digital signature. Certifying Authority (CA) means a person who has been granted a license to issue a digital signature certificate under Section 24 of the Indian IT-Act 2000. The list of licensed CAs along with their contact information is available on the MCA portal. 

(This technical information is taken from the Ministry of Corporate Affairs, Government of India’s website).

Utilize cases of the DSC for DGFT, ICEGate professionals –

Online Registration

Filing Documents

Reduction in the license fee

Processing Licenses Applications

e-Payment

Inquiry

IEC Branch Additions

Document tracking

Query Replies

Import and Export

Foreign Trade

Entry Bills

Shipping Bills

Digital end to end IGST Refund

The one who reads better always has many questions to ask. And we believe the same for you. So, if you have got any questions or queries, feel free to reach us by filling in the required details in the query form. Our trained professionals and specialists would be more than happy to provide you with the best solutions.



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