GSTR-10 Filing – Final GST Return Due on Cancellation
GSTR-10 is a type of GST return that must be filed by persons registered under GST – on cancellation or surrender of GST registration.
Who should file GST Return?
GSTR-10 should be filed on cancellation or surrender of a GST registration. Hence, regular taxpayers would not file GSTR-10. Only persons registered under GST who have applied for surrender or cancellation of GST registration.
What is the due date for filing GSTR-10?
GSTR-10 must be filed within 3 months of cancellation of GST registration. Hence, if a GST registration was cancelled on 1st January, then GSTR-10 return would be due on 31st March.
The chart below shows the due dates for all types of GST returns in India:
What information should be provided in GSTR-10 return?
The following information must be provided in the final GST return:
- GSTIN of the taxpayer
- ARN of GST registration surrender application
- Effective Date of GST registration surrender/cancellation (DD/MM/YYYY)
- If GST cancellation order has been passed
- Unique ID of cancellation order
- Date of Cancellation Order (DD/MM/YYYY)
- Closing Stock held on date of GST registration surrender or cancellation
- Inputs in semi-finished goods
- Inputs in finished goods
- Input services
- Captial goods
- Amount of tax payable on closing stock
A sample GSTR-10 return is attached below:
What is the penalty for not filing GSTR-10 return?
If a taxpayer fails to file final GST return return, then a notice for not filing final return upon cancellation of registration would be sent to the taxpayer as shown below:
On sending the notice for not filing GSTR-10 return, the taxpayer would be provided a 15 days period for filing the return along with all the documents. If the taxpayer fails to respond to the tax notice or does not file the GSTR-10 return, then the tax officer would pass the final order of cancellation with the amount of GST tax payable along with interest or penalty.
Hence, to avoid unnecessary litigation or liabilities, it is important for all taxpayers who have surrendered or cancelled their GST registration to file GSTR-10 return within 3 months.
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