Class 3 Digital Signature
Digital Signature is equivalent to a physical signature in an electronic format, as it creates the identity of a sender of a document on the internet. Digital Signatures are used in India for online transactions such as Income Tax E-Filing, Company, Filing Annual Return, E-Tenders, etc. there are mainly three types of digital signature:
Class I – Class I type of Digital Signatures are only used for securing email communication.
Class II – Class II type of Digital Signatures are used for IT Company, Return E-Filing, Obtaining DIN, and filling other forms in the Ministry of corporate affairs.
Class III – Class 3 Digital Signatures are used mainly for E-Tendering and for participating in E-Auctions.
Digital Signatures come in the form of a USB E-Token, wherein the Digital Signature Certificate is stored in a USB Drive and can be accessed through a computer to sign documents electronically. Class 3 Digital Signature Certificate is the upgraded version of Class 2 Digital Signature Certificates participate in the e-tendering process, every vendor is required to use a Class 3 Digital Signatures Certificate.
However, class 3 digital Signature Certificate is also available in different types.
An individual user or an authorized individual on the behalf of an organization or company or firm can obtain Class 3 DSC. These are categorized as: Individual User (Class 3A) & Company user (Class 3B). Further, it is also mentioned in IT Act & legal status, both of these categories can be issued in two different certificates called signing certificate and Encryption certificate
Generally class 3 digital signature is available with 1 year and 2 years validity.
By Using This Certificate You can Participate/Bid in Any Kind of On-line Tenders/Auction across India.
Requirement of Digital Signature:-
It facilitates e-Procurement, integrates and streamlines procurement processes. From buyer to supplier and even back. Approved under the Law of Information Technology, and with legal personality, a certificate of digital signature is essential for all e-Procurement processes. Request online government tender has many advantages. Since the documents are loaded into a central site, acknowledgments and receipts are provided immediately.
Usage Of Class 3 Digital Signature:-
- A Digital Signature Certificate (DSC) is essential for companies and organizations that take part or intend to take part in E-tendering processes on various Government sites. Besides enabling E-tendering which is extremely convenient and transparent, a Digital Signature Certificate also ensures greater security in other online transactions.
- For secure email and web-based transactions, or to identify other participants of web-based transactions.
- To prove ownership of a domain name and establish SSL/ TLS encrypted secured sessions between your website and the user for web-based transactions.
- As a developer, for proving authorship of a code and retaining the integrity of the distributed software programs.
- For signing web forms, e-tendering documents, filing income tax returns, accessing membership-based websites automatically without entering a user name and password etc.
- Class 3 DSC is used for a different kinds of Registration.
Why do I need a Digital Signature Certificate?
A Digital Signature Certificate authenticates your identity electronically. It also provides you with a high level of security for your online transactions by ensuring absolute privacy of the information exchanged using a digital certificate. You can use certificates to encrypt information such that only the intended recipient can read it. You can digitally sign information to assure the recipient that it has not been changed in transit, and also verify your identity as the sender of the message.
1. Why is Digital Signature Certificate (DSC) required ?
Like physical documents are signed manually, electronic documents, for example e-forms are required to be signed digitally using a Digital Signature Certificate. Transactions that are done using Internet if signed using a Digital Signature certificate becomes legally valid.
2. Who issues the Digital Signature Certificate ?
A licensed Certifying Authority (CA) issues the digital signature. Certifying Authority (CA) means a person who has been granted a license to issue a digital signature certificate under Section 24 of the Indian IT-Act 2000.
3. What are the different types of Digital Signature Certificates valid for E-Tendering programmme ?
4. What type of Digital Signature Certificate (DSC) is to be obtained for E-Filing on the E-Tendering Portal ?
DSC of Class 2 and Class 3 category issued by a licensed Certifying Authority (CA) needs to be obtained for e-filing on the e-Tendering Portal.
5. What is the cost of obtaining a Digital Signature Certificate ?
The cost of obtaining a digital signature certificate may vary as there are many entities issuing DSCs and their charges may differ. The approximate cost could vary between ₹ 2000 to ₹ 3000 depending on the number of years for which it is issued.
6. How much time do CAs take to issue a DSC ?
The time taken by Certifying Authorities to issue a DSC may vary from same day.
7. What is the legal status of a Digital Signature ?
Digital Signatures are legally admissible in a Court of Law, as provided under the provisions of IT.