GSTR-10 Final Return

What is GSTR-10?

A taxable person whose GST registration is cancelled or surrendered has to file a return in the form GSTR-10. This return is called a final return.

Details to be provided in GSTR-10

GSTR 10 has a total of 11 sections. Following are the sections which will be auto-populated at the time of system login:

  • Legal Name
  • Business or Trade Name
  • Address for any future correspondence
  • Effective Date of Surrender/Cancellation
  • Reference number of Cancellation order
  • Date of Cancellation Order
  • Particulars of Closing Stock
  • Tax payable amount and tax paid
  • Interest, late fee payable and paid:

Once all the particulars are furnished correctly, the taxpayer is required to sign digitally either through a digital signature certificate (DSC) or Aadhaar based signature verification to authenticate the return.

When is GSTR 10 due?

GSTR 10 must be filed within three months from the date of cancellation or date of cancellation order whichever is later.

What will happen if you won’t file the return?

If the GSTR 10 is not filed within the due date, a notice will be sent to such a registered person. The person will be given 15 days’ time for filing the return with all the documents required. If the person still fails to file the return, the tax officer will pass the final order for the cancellation with the amount of tax payable along with interest or penalty.

If you have any question related to GST, Income Tax, Accounts, Finance or other matters, feel free to ask us. We shall revert to you within 24 hours!

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