Digital Signature Certificate (DSC) is an encoded and secure way to acknowledge the certificate holder. Also, DSC for GST is an essential term used in each and every form to identify the taxpayer. In India, individuals planning to register for GST require a digital signature. Generally, there are three types of digital signatures namely the class 1 digital signature; class 2 digital signature, and the class 3 digital signature. Of all the classes of digital signatures, the class 2 digital signature requires a GST application.
Goods and Service Tax (GST) is defined as the indirect form of revenue generation structured by the Indian government on the supply of goods and services. GST helps to increase compliance levels among organizations and businesses all over the nation. With the help of GST Common Portal, businesses can designate employees as authorized signatories that enable them to sign and file tax returns on behalf of the business, all online. Using Digital Signature Certificate (DSC), registered people on the Authorized Person tab of the GST Common Portal for a business entity can sign and file GSTR on behalf of that entity.
A Digital Signature Certificate form replaces the traditional form of hand-written signature and it is necessary for businesses and Limited Liability Partnership (LLPs) to sign and file returns in the GST Common Portal whereas DSC for GST is not made mandatory for other taxpayers. Either of Class 2 or Class 3 digital signature certificate is required that has a validity of 1 year, 2 year, and 3 year. In India, GST Return filing and GST registration require an approved Class 2 Digital Signature Certificate. Documents and Application processes associated with Government such as GST Registration, and other essential documents uploaded to the GST Common Portal necessarily involve the digital signature certificate. Hence, it is essential to get DSC for GST filing and Return.
At present, the world is witnessing a digital revolution, no business wants to stay out of the digital world; people are getting smart by operating businesses in electronic form. The use of a digital signature certificate in a business is a cost-effective and secure way. Therefore, individuals who intend to do GST registration should get the documents verified after filing the GST return on the portal. This means that the documents should be digitally signed in order to prevent any alteration in the documents. The chief advantage of using DSC is that only the authorized person can read the documents. The digital signature with high security assures that no person other than the recipient can alter it.
(i) Provides code authority and retains the integrity of the distributed software programs.
(ii) Proves rights on a domain name and establishes SSL/TLS encrypted secured sessions between a website and its users to perform web-based transactions.
(iii) Files IT Returns, e-tendering documents and enables access to membership-based websites without using website credentials.