Technological advancements have been made to such an extent that there is no longer the need for ancient or traditional means. Digitalization is one of such technologies which has taken all over the conventional ways of communication. Introducing this feature within government procedures like tax filing will redefine what GST is.
These innovative means have allowed consumers, as well as traders, to successfully simplify the hectic tasks of filing tax returns, building invoices, calculating bills as well as managing their businesses.
What is GST?
GST is an indirect tax which stands for Goods and Services Taxes. It was brought into legal existence on July 01, 2017, and since then, it has successfully replaced many indirect taxes.
In simpler words, it is a tax levied on goods and services based on the value added to the raw materials to manufacture the final product or service, from the customers. It is essential to understand what is GST, to know the concept of emSigner.
What is DSC?
A DSC or Digital Signature Certificate is a digital key which provides authentic identity to a person having a certificate, by specific certifying bodies. It is just like a certificate which we usually see, except that it is virtual. A DSC includes the person’s particulars such as name, country, email address, and details regarding the certification like the date of issue and the name of the certifying body.
Understanding emSigner
After getting a clear picture of what is GST as well as about DSC, let's come to its leading example.
There are various companies which provide you with the facility of digital signatures. The most prominent one in India at this time is eMudhra which has started its digital and e-signing services through an application named emSigner. It is a cloud-based service which lets you sign your documents and contracts online, in a secure fashion, without spending any time using traditional means like a pen, faxes, etc.
The significant advantage of using this application is that you can access it from anywhere, through any device. Indeed, digitalization never stops to amaze us in surprising ways!
Benefits of using emSigner
● Ease and Simplify Your Workflows
It helps you to organize your business-related work more efficiently by creating custom approval workflows which will suit your business activities and trends.
● No One Can Stop You from Signing
emSigner provides you with the facility of online as well as offline signing, in case of urgency. You can send the documents, track its status and sign, all in just seconds! If online, you can sign a single document as well as that in bulk, without uploading.
● Reliability and Security
Using this digital signature service, you are assured of full security and reliability of the application and your uploaded business work. There is no need to worry or stress about privacy issues regarding your business.
● Digital as well as E-Signing
emSigner comes with flexibility in signing, to support the efficacy of your documents and to pay tax on time, without any mismanaged pre-requirements.
It allows you both the options: e-signature as well as digital signatures.
This way, you can upload your signature according to your needs and wishes and can also change it for various documents.
● Cloud Service
Since this is a cloud service, you can add, remove and update any document, or file from your drive or any other storage service like Dropbox, Google Drive, etc.
● Tracking at your Fingertips
Using emSigner, you can track the status of your file and signature and be updated regarding the same. For example, whether the procedure has been initiated or not, has it been completed, was it denied or deleted, etc.
A tracker in hand also allows you to manage your work in the present while even thinking about the future decisions you need to make.
● Separate Storage for Your Documents
Using this application allows you proper virtual storage facility to store and organize your documents, files, etc. according to their respective categories and types. Also, the numbering system eases the process of accessing data for you.
● Sign All the Documents in One Go
It does not limit your signing capacities. If you have very little time and a lot of documents to sign on, you can choose the bulk-signing option through which you can sign more than one report, in a single click, instantaneously!
● Better Management Through Dashboard
Proper dashboards are given to the users to handle and manage their work quickly. Also, certain access privileges are provided to maintain efficacy in the organization of all the documents. For example, reports are listed according to their statuses, etc.
Benefits for Premium Users
Certain features are only available for those who tend to purchase them. These features provide exclusive benefits to the users and help them organize their work and taxes, more efficiently and in a more engaging manner. Some of these features are:
- Assistance is provided in template creations and their customization according to your business needs.
- Security is increased with the introduction of the concept of eVault in your application.
- Time Stamping facility is available to access to avoid backdating of certain signed documents.
- You can now share documents with your desired audience, with attachments.
- One can leave comments on documents as well as can add a watermark to prevent plagiarism against you.
Introducing such an application under GST will not only save time and efforts of a person in his business or other work but will also assist him in managing it in a better way. Although acts like GST are considered to be quite complicated, with such applications, one can easily understand what is GST and gain its full benefits. Also, the security and privacy of your documents are taken care of, properly. Not everyone has a fax machine or even a scanner at their homes. By creating and saving your signature online, you can use it for almost any purpose and government work. It will also save you money.
It is not only a digital signature provider but also helps you to keep hold of your trade and essential documents, in one place. It can be installed easily through the internet, without needing any hardware device like CDs, etc.
The most distinguishing feature which separates it from other rivals is that emSigner cannot be traced. It leaves no footprints, digitally.
Since, everything is switching to the screens, from paying bills and taxes to creating online portals for GST which provide numerous other services too, installing this application is crucial for everyone. Technologies like these are what will not only redefine what GST is but soon will paint our existence in new colours of our lifestyle and communication.
