Individual DGFT signature with encryption

Individual DGFT signature with encryption

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Individual DGFT signature with encryption - Process, Procedure, Document Required, Fees, Eligibility, Duration

A Directorate General of Foreign Trade (DGFT) Digital Signature is important for signing any documents in electronic format digitally or for transactions being executed through a web browser on the DGFT website or portal. The Exporters & Importers (EXIM) community registered with the DGFT in India mainly uses it. With the individual DGFT signature with encryption, you can prevent fraudulent practices easily.

At Credence Corporate Solutions, we are committed to deliver Individual DGFT signature with encryption with the highest standards in the industry through a fair operation. We focus on building a strong relationship with customers by providing them our services.

Businesses involved in import and export activities must have this DGFT Digital Signature Certificate. It is required for businesses involved in import and export activities, as well as for communication with DGFT websites. In simple words: if your business deals with overseas clients and deals with international money transfers, then you need the certificate. If you are an individual proprietorship, then you need to acquire an Individual only DGFT Signature certificate. The certificate is issued to an individual by a certificate authority and ensures the security of all the transactions.

 

Individual-Based DGFT signature for Proprietorship - For proprietorship entities, the legalization on the DGFT website would only be done if the Serial Number under the “Subject” in Digital Signature Certificate matches with the PAN (using HASH-256) on the proprietorship’s Import-Export Code (IEC) Profile.

 

 

Advantages of using DGFT Digital Certificates?

A Digital Signature Certificate is required to sign any document in electronic format digitally or transaction through a web process. It makes sure that the data is secure and cannot be viewed or changed by any unauthorized person. It also improves the response time when applying for a license from the Directorate General of Foreign Trade (DGFT). Digital Signature Certificates issued by a valid chartered accountant are also valid in court as per the Indian Information Technology Act 2000.

There are other benefits of using digital signature for DGFT. They are-

  • Cost savings: DGFT has offered attractive monetary incentives of 50% of the license fees to those exporters and importers who use Safe EXIM for online interaction with DGFT.
  • The use of Safe EXIM significantly reduces the paperwork for the user, thereby reducing the associated costs.
  • Time saving: Reduced DGFT processing time for issuing licenses and thus saves time.
  • Convenient
  • Less paperwork
  • Confidentiality, integrity and non-repudiation
  • Security: Logging into the DGFT portal (http://www.dgft.gov.in) via Safe EXIM is much more secure than using an ID /password-based system. It becomes impossible for others to impersonate you or your organization online.

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Individual DGFT signature with encryption - Get Expert Advice

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Individual DGFT signature with encryption Frequently Asked Questions

The certificate is issued only to those who have a valid IEC code for import and export from the Directorate General of Foreign Trade. So if you are also into the business of import or export and have this valid IEC code, then you can apply for the certification.
A Digital Signature Certificate provides an electronic means through which your identity can be proven. If you need to perform frequent online transactions then this certificate is necessary as it provides a high-level security for online transactions. You can use certificates to encrypt the information so that only the recipient can read it. You can digitally sign information to ensure that the recipient has not been altered during transmission and to verify who actually sent the message.
A Digital Signature Certificate (DSC), precisely, is a file that is created by a licensed Certificate Authority through encryption and then issued to you as a USB eToken. When you sign any particular document, this file is accessed and acts like a "key" (private key), locking and securing (through encryption) the document being signed. It is similar to using a physical key and lock to secure your valuables in a safe deposit box - a lock that can only be opened with its own key. This file not only locks the document that is signed, but also adds a digital certificate that contains your identity information such as your name, name of your organization, email ID, etc. It also adds a key code (called the public key), which is the same key that exists in the certificate authority's server, so that the other party can verify the authenticity of your DSC. The DSC does not contain a scanned copy of your physical signature.
Digital Signature Certificate (DSC) is attached to documents submitted in electronic format by an authorized person. It guarantees the security and authenticity of documents submitted electronically. All the documents filed on the Ministry of Corporate Affairs (MCA) portal are attached with DSC. Online transactions such as the incorporation of a company or LLP and electronic filing of income tax are validated with the DSC. A certifying authority (CA) has been appointed by the Controller of Certifying Authority (CCA) to issue DSC. CA is licensed to issue Class 3 DSC. If you want to acquire an Individual DGFT Signature with encryption then you can easily avail it with the help of the expert team at Credence Corporate Solutions. Here, we do all the required processes legally to make the Digital Signature available for you. Contact us now and avail of our services to acquire your Digital Signature Certificate easily.

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