Description

📄 GSTR-10: Final Return under GST – Filing Guide, Applicability, and Requirements

GSTR-10 is a mandatory Final Return that must be filed by taxpayers whose GST registration has been cancelled or surrendered. This return ensures that all GST liabilities are settled before the registration is officially terminated.

Understanding GSTR-10 is crucial for MSMEs, especially those closing operations, merging businesses, or transitioning out of GST registration.

✅ What is GSTR-10?

GSTR-10 is a one-time final return that is filed when:

• A taxpayer voluntarily surrenders GST registration, or
• GST registration is cancelled by the authorities.

⚠️ Note: GSTR-10 is not the same as GSTR-9 (Annual Return). While GSTR-9 is filed yearly by all regular taxpayers, GSTR-10 is filed only once after cancellation of registration.

❌ Who is NOT Required to File GSTR-10?

The following categories of taxpayers are exempt from filing GSTR-10:

• 🏢 Input Service Distributors (ISD)
• 🌐 Non-resident Taxable Persons
• 🧾 Persons deducting TDS under Section 51
• 📦 Composition Taxpayers under Section 10
• 🛍️ Persons collecting TCS under Section 52

🧾 Information Required in GSTR-10

To file GSTR-10, ensure you have the following details ready:

1. GSTIN of the taxpayer
2. ARN (Application Reference Number) for GST cancellation/surrender
3. Effective date of GST cancellation or surrender (DD/MM/YYYY)
4. Cancellation Order Details:
   • Whether the cancellation order has been issued
   • Unique ID of the cancellation order
   • Date of cancellation order (DD/MM/YYYY)
5. Closing Stock Details as of the date of cancellation:
   • 📦 Inputs in semi-finished goods
   • 🏭 Inputs in finished goods
   • 💼 Input services
   • 🏗️ Capital goods
6. Tax Payable on the above stock

📅 When to File GSTR-10?

GSTR-10 must be filed within 3 months from:

• The date of cancellation, or
• The date of cancellation order,
  whichever is later.

⚙️ How to File GSTR-10?

GSTR-10 can be filed online on the GST Portal:

1. Login to www.gst.gov.in
2. Navigate to: Services > Returns > Final Return
3. Fill in required details
4. Upload stock and tax liability details
5. Submit and verify using DSC/EVC

🛑 Consequences of Not Filing GSTR-10

Failing to file GSTR-10 can lead to:

• Penalties
• Delay in closure of GSTIN
• Legal notices and compliance issues

🧮 Need Help with GSTR-10 Filing?

At GST Suvidha Centre, we provide:

• Expert guidance on final GST compliance
• Support for GSTR-10 preparation and filing
• Personalized assistance for MSMEs

📞 Contact us today or explore our GST Services to get started.