Importance of Digital Signature for Directorate General of Foreign Trade - DGFT

DGFT stands for Directorate General of Foreign Trade. It is the association answerable for directing foreign trade and foreign investment in India. It goes under Ministry of Commerce and Industry of the Government of India. DGFT is the individual in command for Import and Export Policies in India. It assists in development exchange with different countries and thus enhances the monetary development of the nation. DGFT is also the licensing authority for exporters and importers. It introduces different trade promoting proposals and issues notifications, circulars and notices on timely basis. To order to work together, DGFT issues a digital signature certificate. All exporters and importers need to apply for Digital Signature Certificate for DGFT before starting any communication.

With the appearance of Internet technology in India, all business communications are done electronically. This produces the need to secure all communication done between two parties so that individuals with noxious expectation are not equipped to abuse them. Paper structures are out of date now and E-filling is the most recent pattern. This makes digital signature certificate mandatory for all organisations. Digital Signature Certificate for DGFT is similar to hand written signature and confirms the identity of the person filing the document.  Digital Signature Certificate for DGFT also confirms the authenticity of the digital message or document issued from exporters or importers. Digital Signature Certificate for DGFT avoids all sorts of forgery or tampering. It is also illegal to use somebody else digital signature without permission.

Like hand written signature, Digital Signature(DS) also confirms the identity of the person filing the form electronically. The sender whose digital signature is used in the e-form can't deny the accuracy and validity of the document. It is valid for one and two years and needs to be renewed thereafter.

Currently in India, Tata Consultancy Services-Certifying Authority (TCS-CA) offers a variety of DS for many purposes. These Digital Signature certificates are used in many government and private companies. Some of the companies accepting digital Signature certificates in India are IFFCO, Digital Signature for Railway, Digital Signature for MCA 21, Digital Signature for E-filing, Digital Signature for E-tendering etc. Directors, auditors, company secretaries or any other authorised signatories of companies need to have Digital Signature Certificate. It has to be authorised from a Licensed Registration Authority. Mainly there are three types of digital signature certificates- Digital Signature Class 1, Digital Signature Class 2 and Digital Signature Class 3. The difference between them is in the security level.

With the increase in Internet usage in the country, cyber crime has also increased over the years. Cyber crime usually attacks on Identity, Privacy and Finances of the person. Here is when the role of Digital Signature Certificate comes as it is considered as one of the strongest tools to Cyber Security.
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