Benefits of Using Digital Signature Certificate for GST!
A Digital Signature Certificate (DSC) is the secured digital key that is issued by certified authorities for the purpose of certifying the identification and validation of the person who is holding the certificate.
A Digital signature uses the public key encryption for creating signatures. GST which is an abbreviated form of Goods and Service Tax is an indirect form of generation of revenue structured by the government of India on the supply of services and goods.
In GST, digital signatures are the substitution for handwritten signatures which is used to file the GST easily. With the validity of one year, two years or three years, one needs to fill the GST filing for class 2 or class 3 Digital Signature Certificate for GST enrollment.
GST portal also accepts e-sign in addition to signing of the document through a Digital Signature Certificate. This feature reduces the pressure of standing in the long queue and thus helps to save your precious time.
Digital Signature Certificate consists of information about the recipient i.e. user’s name, country, date of issuance of the certificate, pin code, email address and name of the authority that is certifying the certificate.
Importance of Digital Signature Certificate:
Digital Signature Certificate is a secured and encoded way that approves the existence of the certificate holder.
In India, those who plan to register for goods and service tax (GST) require a digital signature which are generally of three types, class 1 digital certificate, class 2 digital certificates and class 3 digital certificates.
Out of all the classes of digital signatures, the GST application is required by class 2 digital signature.
Benefits of Digital Signature Certificate:
They provide us with high-level security as the documents are encrypted and encoded and other than the recipient no other person can alter the document or read it.
Due to the digitalization all over the world, one can use smartphones and other personal gadgets to register using a Digital Signature Certificate. They have improved customer service as all the businesses and organizations are using this mode of an electronic form which is more secure and systematic.
Rather than standing in a long queue, a person can easily get access to their accounts and documents using a Digital Signature Certificate on smartphones and other gadgets. This will help them to save their time as well as the money as all the works can be done online by sitting at home.
Digital Signature Certificate are environmental friendly as they do not require any paperwork and we all know that lot of trees are cut to make paper. Thus, using digital signatures we are eventually saving the environment from preventing the cutting of trees. Moreover, this mode is cost-effective.
Unlike paper procedures, using of Digital Signature Certificate will help in quick payment as once the certificate is verified and registered by the authority, the payment can be done easily and the digital signature will be created within few minutes through Digital Signature Mart which is a fast and smooth process.
Conclusion:
Thus, the traditional form of a handwritten signature has been replaced by the Digital Signature Certificate and this has become a necessity for Limited Liability Partnership (LLP) and businesses to sign, and file returns in a secured and encrypted way in the GST common portal.
There has been a digital revolution all over the world and there are no businesses that want to stay out of this digitalization as all the businesses are operated in electronic form. In business, the use of a Digital Signature Certificate is a secure and cost-effective way.
By signing the document digitally will help to prevent any alteration in the documents which means it provides high security and ensures that other than the recipient of the Digital Signature Certificate no other person can alter it and only the authorized person who is using the Digital Signature Certificate can read their document.
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