What is GSTR-10?

GSTR-10 is a final return that a taxpayer registered under the Goods and Services Tax (GST) must file after the cancellation or surrender of their GST registration. It ensures that all tax liabilities are settled before the registration is officially closed.

Applicability of GSTR-10

GSTR-10 is applicable to taxpayers whose GST registration has been:

• Voluntarily surrendered

• Canceled by the GST authorities

However, taxpayers registered under the composition scheme, input service distributors, non-resident taxable persons, and persons required to deduct or collect tax at source (TDS/TCS) are not required to file GSTR-10.

Due Date for Filing GSTR-10

The due date for filing GSTR-10 is within three months from the date of cancellation or the date of order of cancellation, whichever is later.

Late Fees and Penalties for GSTR-10

Failure to file GSTR-10 within the due date attracts penalties and late fees:

• A late fee of Rs. 200 per day (Rs. 100 CGST + Rs. 100 SGST) is applicable.

• The maximum penalty can go up to Rs. 10,000.

• Additional interest may apply if there is any tax liability.

How to File GSTR-10?

• Step 1: Log in to GST Portal

1. Visit www.gst.gov.in
2. Log in using your credentials.

• Step 2: Navigate to GSTR-10

1. Click on 'Services' > 'Returns' > 'Final Return (GSTR-10)'

• Step 3: Fill in the Details

1. GSTIN
2. Date of cancellation
3. Stock details
4. Liabilities payable

• Step 4: Pay Outstanding Tax (If Any)

1. If there are any pending liabilities, make the payment through net banking, NEFT/RTGS, or using available cash balance in the electronic cash ledger.

• Step 5: Submit and Verify

1. Click on 'Preview Draft' to review the details.

2. Sign using Digital Signature Certificate (DSC) or Electronic Verification Code (EVC).

• Step 6: Acknowledgment

1. After successful submission, an acknowledgment receipt (ARN) will be generated.

2. Save it for future reference.

How to File GSTR-10 After Cancellation?

Even if the GST registration is canceled, the taxpayer can still log in and file the final return (GSTR-10) within the stipulated period. If the deadline is missed, they should:

• Pay applicable late fees and penalties.

• Request the jurisdictional GST officer for any extensions or clarifications.

Conclusion

GSTR-10 is a crucial return for taxpayers exiting the GST system. It ensures that no pending liabilities remain before closing the GST registration. Taxpayers must file it within three months of cancellation to avoid penalties. Timely filing helps in a hassle-free deregistration process under GST.

Disclaimer

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