The Directorate General of Foreign Trade (DGFT) is a part of India's Ministry of Commerce and Industry, It was established in 1991 to enhance the efficiency and liberalization of foreign trade. This regulates and facilitates trade by implementing the Foreign Trade Policy.
The DGFT was set up to:
• Regulate Trade: Implement policies and procedures for the import and export of goods and services.
• Facilitate Trade: Provide a streamlined and efficient process for businesses engaged in international trade.
• Promote Exports: Support and encourage Indian businesses to expand their presence in global markets.
A DSC plays a crucial role in this process. It ensures the security and authenticity of documents submitted to the DGFT, such as import and export applications. You can also simplify your trade activities and maintain compliance effortlessly by buying DSC for DGFT today.
What is the use of DGFT certificate?
The DGFT Certificate, often referred to as an Importer Exporter Code (IEC) issued by the Directorate General of Foreign Trade (DGFT) in India, is essential for businesses involved in international trade. Its primary uses include:
1. Legal Requirement: Businesses must have an IEC to import goods into or export goods from India.
2. Customs Clearance: The IEC is required to process shipments through customs, ensuring compliance with trade regulations.
3. Financial Transactions: It helps in obtaining foreign exchange for transactions, as banks and financial institutions often require it for foreign trade, and a DSC for DGFT enhances the security of these transactions.
4. Trade Licenses: The certificate is necessary for applying for various trade licenses and permits related to international trade.
5. Government Schemes: It may be required to access certain government incentives, subsidies, or schemes related to export promotion.
DGFT DSC Uses
The Digital Signature Certificate (DSC) is used for several key purposes with the Directorate General of Foreign Trade (DGFT):
1. Online Submissions: To authenticate and secure online submissions of applications and documents to DGFT,
buy DSC for DGFT to enhance the security and compliance of your submissions.
2. E-Filing: When filing applications for various licenses, permissions, or amendments, it provides a secure way to electronically sign and submit these documents.
3. Authentication: This confirms the identity of the person or entity submitting documents or applications to DGFT, ensuring that the submissions are legitimate and from authorized individuals.
4. Compliance: Capricorn DSC helps maintain the integrity of the submitted data and ensures that all regulatory requirements are met, facilitating smooth and secure processing of trade-related activities.
How to Solve DSC error in DGFT?
You can try these simple steps if you are having trouble with your DSC for DGFT on the site:
• Make sure your DSC software is properly installed on your computer.
• Confirm that your DSC has not expired.
• Use a browser recommended by DGFT (like Internet Explorer or Chrome).
• Ensure your browser and Java are up-to-date.
• Clear your browser's cache and cookies.
• Make sure your DSC type is correct for DGFT's needs.
• If using a USB token, try plugging it into a different USB port.
• If issues persist, contact your DSC provider or DGFT support for help.
What is IEC?
Importer Exporter Code (IEC) is a unique 10-digit code issued by the Directorate General of Foreign Trade in India. The IEC is mandatory for businesses or individuals to legally import and export goods or services from or to India.
How do I link my IEC to DGFT?
Here are the steps to link your IEC on the DGFT portal:
1. Go to DGFT's official website.
2. Use your valid credentials to log in to the DGFT portal.
3. Click on the “Link IEC” button on your dashboard or go to
My Dashboard -> Importer Exporter Code (IEC) -> Link your profile to IEC.4. Type in the IEC number you want to link and click the “Link IEC” button.
5. After clicking “Link IEC,” a window will pop up for Digital Signature. Choose an option and proceed with signing.
Once your IEC is linked: • You can see the details of your IEC.
• Modify and change your IEC profile.
• View and Print the IEC Certificate.
Is DSC mandatory for IEC application?
No, DSC is not compulsory for IEC application. You can also fill out the application using the Aadhaar authentication process. But using a DSC can ensure:
• The documents submitted with the IEC application are valid and unaltered.
• A digital signature helps protect against fraudulent activities such as identity theft.
• This also authenticates electronic documents for foreign organizations engaged in international trade and entrepreneurship.
• It confirms the identity of the person applying.
Get DSC for DGFT from
Capricorn CA and ensure all these benefits for the DGFT portal.
Conclusion
DSC for DGFT provides a secure way to digitally sign and submit documents. It confirms the identity of the person and ensures that the submissions are legitimate and done through authorized individuals. Obtain your Digital Signature Certificate now to simplify your trade processes and ensure secure submissions.
