What is GSTR-10?

GSTR-10 is a return form filed by the taxpayer whose registration is surrendered or cancelled. It is also known as final return. There is a difference between annual and the final return. Annual return is the return filed by the registered normal taxpayer once in a year in form GSTR-9 whereas Final return is a one-time process and it is to be filed by the personwhose registration has been surrendered or cancelled in form GSTR-10.

Who should file GSTR-10?

According to section 45 of the GST act, a person whose registration has been surrendered or cancelled is required to file GSTR-10 form. It is applicable on the person who discontinue his or her business voluntarily or by getting the order from the authorities. The following persons are exempted to file GSTRT-10 –

  1. Input service distributors
  2. Taxpayers using composition scheme
  3. Non-resident taxable persons
  4. Taxpayers liable to deduct TDS
  5. Taxpayers liable to collect TCS

GSTR-10 Filing Due Dates

GSTR-10 should be filed by the taxpayer within 3 months from the date of cancellation or date of order of cancellation (whichever is later). For ex – if the date of cancellation is 1st June 2019, then GSTR-10 must be filed before the due date i.e. 31st August 2019.

How to revise GSTR-10?

There is no provision made to revise GSTR-10

Penalty for Late GSTR-10 Filing

In case if taxpayer files the final return after the due date, a notice is sent to that person for not filing the return on time and provided with 15 day’s time in order to file the final return along with all the documents. If the taxpayer still didn’t respond to the sent notice or didn’t files GSTR-10, the tax officer passes the final order of cancellation with the GST tax payable along with the amount of interest or penalty.

GSTR-10 Return Form Format

Download Form GSTR-10 by clicking below link –