10
DEC
Digital Signature Certificate is a digital key which is secure (USB e-token) which is
issued by certain certifying authorities who validate and verify the identity or detail
of the person holding this digital signature certificate. Public encryption key is being
used to create the signatures and signature is being saved in digital format.
Digital Signature Certificate stores information regarding the user’s name, country,
email address, pin code, certifying authority name, date of issuance of the certificate.
When is Digital Signature is required?
MCA has mandated Digital Signature for the following
Certifying authorities issue three types of Digital Signature Certificates:
Class 1 DSC: Class 1 DSC is basically for individual subscribers or issued to individual subscribers and it is used to confirm that the user name and email contact detail of the subject lie within the database of the authority who have issue the digital signature certificate.
Class 2 DSC: Class 2 DSC is basically for the director and the signatory authority of the companies for e filing with the Registrar of the Companies (ROC). Class 2 DSC is important for the individual who have to sign documents manually while return filing with ROC. Recently from 1st Jan 2021, the Controller of Certifying Authority has instructed or given the guideline to discontinue Class 2 DSC. From now, Class 3 DSC will be issued in place of Class 3 DSC.
Class 3 DSC: Class 3 DSC is issued basically to the Directors/authorized signatories of Companies, Professional etc., for digitally signing the document. The vendors who are involved in online tenders also must have a Class 3 DSC.
Passport Size photo
PAN Card
Aadhar Card
Mobile number
Email Address
Mandatory Documents Required for Issuance of Dsc for Authorized Signatory (Organization)
With GST Verification
PARTNERSHIP FIRM | PROPRIETORSHIP FIRM | LLP | AOP | NGO/TRUST | CORPORATE ENTITIES |
---|---|---|---|---|---|
Applicant PAN Card/Aadhar Card | Applicant PAN Card/Aadhar Card | Applicant PAN Card/Aadhar Card | Applicant PAN Card/Aadhar Card | Applicant PAN Card/Aadhar Card | Applicant PAN Card/Aadhar Card |
Authorized Signatory letter. | GSTR 3b filing copy not older than 3 months/Bank statement | Authorized Signatory letter. | Authorized Signatory letter. | Authorized Signatory letter. | Authorized Signatory letter |
Partnership deed | Partnership deed | Signatory list | Signatory list | Signatory list | |
Authorizing person signed id proof | Authorizing person signed id proof | Authori zing person signed id proof | Authorizing person signed id proof | Authorizing person signed id proof | |
GSTR 3b filing copy not older than 3 months/Bank statement | GSTR 3b filing copy not older than 3 months/ Bank stateme nt | GSTR 3b filing copy not older than 3 months/ Bank stateme nt | GSTR 3b filing copy not older than 3 months/Bank statement | GSTR 3b filing copy not older than 3 months/Bank statement |
Without Gst Verification
PARTNERSH IP FIRM | PROPRIETOR SHIP FIRM | LLP | AOP | NGO/TR UST | CORPOR ATE ENTITIES |
---|---|---|---|---|---|
Applica nt PAN Card/Aadhar Card | Applicant PAN Card/Aadhar Card | Applica nt PAN Card/Aadhar Card | Applicant PAN Card/Aadhar Card | Applicant PAN Card/Aadhar Card | Applicant PAN Card/Aadhar Card |
Authorized Signatory letter. | Organization Bank Statement | Authorized Signatory letter/Board resolution | Authorized Signatory letter/Board resolution | Authorized Signatory letter/Board resolution | Authorized Signatory letter/Board resolution |
Organization Bank Statemen | Organization registration copy | Organization Bank Statement | Organization Bank Statement | Organization Bank Statement | Organization Bank Statement |
Organization registration copy | Certificate of incorpor ation | Organization registration copy | Organization registration copy | Certificate of incorporation | |
Organization PAN Card | Organization PAN card | Organization PAN card | Organization PAN card | Organization PAN card | |
Partnership deed | MCA Signatory list | Signatory member list | Signatory member list | MCA Signatory list | |
Authorizing person signed id proof | Authorizing person sign id proof | Authorizing person sign id proof | Authorizing person sign id proof | Authorizing person sign id proof |
Time Taken for the Issuance of Dsc and Cost
It hardly take around 1-2 days for the issuance of digital signature certificate.
For individual, the cost of obtaining DSC is Rs. 1500/- only, and the cost for
obtaining DSC for the authorized signatory is 2500/-.
There are several advantages that come along with the usage of a DSC but the most important ones include:
High level of security since it is encrypted.
It can be verified and is unalterable.
It advances more conviction and confidence amongst the users.
Privacy and protection are achieved while exchanging confidential information on the internet.
Establishes ownership of domain.
Digital signature certificates are legally valid.
Digital Signature Certificate save time during e-filing and are also economical.
Digital Signature Certificate reduces the risk of duplication or alteration of the document itself.
Yes, a document can have multiple Digital Signatures.
Uses of digital signatures are:
Integrity
Authentication
Non-repudiation
So, technically speaking the difference between a digital signature and digital certificate is that a certificate binds a digital signature to an entity, whereas a digital signature is to ensure that a data/information remain secure from the point it was issued.
10
DEC
10
DEC
10
DEC