GSTR-10 FINAL RETURN

(A) Introduction

GSTR 10 is a return to be filed by taxpayers whose GST Registration has either been surrendered by the taxpayer or has been canceled by authorities. This return is intended to provide details of ITC involved in closing stock (including inputs and capital goods) to be reversed/ paid by the taxpayer.

(B) Due Date for Filing the final Return

Taxpayers who have opted to surrender their GST registration or whose registration has been canceled have to file GSTR-10 Final Return within

(a) three months of application of cancellation  or

(b) date of cancellation order,

whichever is later.

(C) Who can file Form GSTR-10?

GSTR-10, under section 45, is required to be furnished by a taxable person whose registration has been surrendered or cancelled.i.e, ceases to do business either voluntarily or unwillingly (i.e.by an order by the authorities).

(D) EXEMPTION TO FILING OF GSTR-10

Form GSTR-10 is required to be filed by every taxpayer except:

(i) Input Service Distributor

(ii) Non-resident taxable persons

(iii) Persons required to deduct TDS u/s 51

(iv) Persons paying tax u/s 10 (Composition Taxpayer)

(v) Persons required to collect TCS u/s 52

(E) REVISION OF GSTR-10

Final Return/ Form GSTR-10 cannot be revised once filed.

(F) Proforma of Form GSTR-10

GSTR-10 generally consists of 10 sections which is explained below:

1. GSTIN (Goods and Services Taxpayer Identification Number)-

15 digit state-wise PAN Number which will be auto-populated when a tax payer selects to file GSTR-10

2. Name of the person/business liable to deduct the tax-

Both registered name of a taxpayer and legal name of the business establishment will be auto-populated when a taxpayer selects to file GSTR-10.

3. Address-

The company address submitted for GSTIN registration will be auto-populated at the time of system login. The above-mentioned sections will be auto-populated at the time of login.

4. ARN (Application Registration Number)-

If the application for the cancellation of the business is approved by tax authorities, ARN will be furnished here.

5. The effective date of cancellation / date of business surrender-

You need to fill the effective date of either cancellation of business or surrender of the business of GST registration as contained in the order.

6. If the order for cancellation has been passed?

Here, the taxpayer needs to be clearly specific whether business has been closed voluntarily or by force of authorities.

7. If yes, the Unique ID of cancellation order-

In case of forced cancellation, this heading needs to be filled up with unique identification number of cancellation order.

8. Date of cancellation order–

Date of issue of cancellation order needs to be furnished under this head

9. Details of closing stock / inventory-

The taxpayer needs to furnish the entire details pertaining to closing stock at that date of closure of his/her business. He/she should also mention input tax credit (ITC) relating to closing stock.

10. Taxable amount on closing stock / inventory-

Whatever tax you owe on the amount of your closing stock on the date of the closure of your business, is mentioned under this head.

11. Verification-

Upon filling up all the sections of the GSTR-10, a taxpayer is required to declare the authenticity of the document and sign it electronically. Either this can be verified using a DSC or an Aadhaar based verification system.

(G) What is the Penalty for not Filing GSTR-10?

  • If a taxpayer fails to file final GST Return, then a notice for not filing the final return will be sent to that registered person.
  • Later, 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.

I hope you all like my article. For any clarification mail me at camridulgupta0709@gmail.com please share your valuable comments and feedback.

Author Bio

Qualification: CA in Practice
Company: MRIDUL GUPTA & CO.
Location: Delhi, New Delhi, IN
Member Since: 09 Feb 2019 | Total Posts: 8
Experienced Chartered Accountant with a demonstrated history of working in the financial services industry, skilled in Statutory Audits, Income Tax, GST Compliances, Auditing, Financial Accounting and Financial Reporting. View Full Profile

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14 Comments

  1. Lubhani says:

    Sir is there any chance due date for GSTR-10 will be extended like it was done last year till Dec 2018.

    Can we make representation to the Govt.

    I have by error skipped GSTR-10 for 3 clients so 30000/- penalty.

  2. Ajay says:

    A garage has charged me gst on a cancelled gst number. What is the process of getting input credit for this. how do I raise a complaint if this was a fraud transaction

  3. vamshi says:

    Dear Sir,

    1) whether invoice details need to be given relating to Input tax credit, contained in Closing stock, if Voluntary cancellation is done and businees acquired by the other registered person ( we have alredy transffered Closing balance in credit ledger to the purchaser through ITC-02 )

  4. Ravikumar says:

    Sir I have cancelled the GST REGISTRATION N GOT CANCELLATION ORDER THREE MONTHS BEFOR FROM DEPARTMENT . THE TRADER IS COMPOSITION DEALER FROM THE BEGINNING. WHETHER THE COMPOSITION DEALER HAS TO FILE FORM GSTR 10. CLOSING STOCK NIL AS ON CANCELLED DATE. PLEASE GUIDE. THANKS

  5. Ram says:

    Respected Sir,
    My F.Y.17-18 turnover is 10 lack but July-17 to March-18 as per GST Turnover 8 lack and 2 lack Pre GST how to consider in GSTR-9 Pre GST Amount and which column.

  6. Sachin kumar says:

    I have applied for cancellation, my gst no. Got cancelled, but i was not aware about filling of final return within 3 months, now i tried to file final return, but portal shows a penalty of Rs. 10000, i haven’t received any notice from department till now, should i have to deposit 10000 Rs. Or wait for notice

    1. CA Mridul says:

      Yes, you have to pay the penalty. There is no way out. You can wait for the notice if you want but I wan’t recommend that as department can raise further interest/penalty in such as case

      1. rajni sharma says:

        Dear Sir,

        My GSTIN cancelled in month of feb 18 and order received in aug 18… my due date of filing GSTR-10 was 30th Dec 2018…but my CA skip the compliance …now late fees showing up on portal…he explaining me that…if he would have filed GSTR-10 after that you could not filed GSTR-9…is that true? GST portal will get deactivated after filing GSTR-10 he says so….pls help me onn that.

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