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GSTR-10 Filing Services

At VSB Consultants Pvt Ltd, we offer expert GSTR-10 filing services to help businesses smoothly complete their final GST compliance obligations. If your business has canceled or surrendered its GST registration, filing GSTR-10 (Final Return) is mandatory to avoid penalties and legal complications. Our team of tax professionals ensures a seamless filing process, preventing unnecessary delays or compliance issues.

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What is GSTR-10 ?

GSTR-10 is a Final Return that must be filed by businesses whose GST registration has been canceled or surrendered. This return is different from regular GST returns and is required to declare any remaining input tax credit (ITC) and liabilities before closing the GST registration.

The purpose of GSTR-10 filing is to:

✔ Ensure tax liabilities are cleared before cancellation.
 ✔ Report any pending stock or ITC to be reversed.
 ✔ Prevent penalties for non-filing of the final return.

Failure to file GSTR-10 within the due date may result in hefty penalties and compliance issues.

Who Needs to File GSTR-10 ?

✔ Businesses that have voluntarily surrendered GST registration.
 ✔ Entities whose GST registration has been canceled by authorities.
 ✔ Taxpayers who have discontinued business operations.

Exceptions:

🚫 GSTR-10 is NOT required for businesses switching from regular GST to Composition Scheme.
 🚫 Casual taxable persons and non-resident taxpayers are exempt from filing GSTR-10.

If a business has been shut down or deregistered under GST, filing GSTR-10 is a legal obligation.

Due Date for Filing GSTR-10

✔ Within 3 months from the date of GST cancellation order.

Late filing of GSTR-10 can attract a penalty of:

✔ ₹200 per day (₹100 CGST + ₹100 SGST), up to ₹10,000 minimum fine.

To avoid unnecessary penalties, it is crucial to file GSTR-10 within the prescribed deadline.

Documents Required for GSTR-10 Filing

To file GSTR-10 accurately, businesses need to provide:

📌 GST Cancellation Order – Proof of registration termination.
 📌 Details of Closing Stock – Inventory on which ITC needs reversal.
 📌 Purchase & Sales Invoices – Supporting tax records.
 📌 Tax Payment Proofs – Any pending tax liabilities.
 📌 Bank Statements (If Required) – To verify final transactions.

These documents help in accurate computation of tax liabilities before closure.

Step-by-Step Process of GSTR-10 Filing

At VSB Consultants Pvt Ltd, we ensure a hassle-free GSTR-10 filing process through structured steps:

Step 1: Document Review & Data Preparation

✔ Gather all relevant invoices, tax payments, and stock details.
 ✔ Verify GST cancellation status on the GST portal.

Step 2: Computation of Pending Liabilities

✔ Identify any pending tax dues or ITC reversals.
 ✔ Reconcile stock details and ITC claimed.

Step 3: Filing GSTR-10 Online

✔ Log in to the GST portal and fill out the GSTR-10 return form.
 ✔ Enter closing stock details and tax obligations.

Step 4: Payment of Tax (If Applicable)

✔ If tax is due, generate a challan and complete the payment.

Step 5: Final Submission & Acknowledgment

✔ Submit the final return after reviewing all entries.
 ✔ Download the acknowledgment for compliance records.

With VSB Consultants Pvt Ltd, businesses can file GSTR-10 correctly and on time, avoiding penalties.

Why Choose VSB Consultants ?

Get Started Today!

Take the first step toward launching your business with confidence. Our experts will assist you in setting up your sole proprietorship hassle-free.

📞 Call us now on +91 9875991882 or fill out the inquiry form to get expert assistance from VSB Consultants Pvt Ltd!

Frequently Asked Questions (FAQs)

  • +1. What happens if I don’t file GSTR-10 ?
    ✔ Non-filing can result in penalties of ₹200 per day, up to ₹10,000 minimum fine.
  • +2. Can I file GSTR-10 after the due date ?
    ✔ Yes, but late fees and penalties will be applicable.
  • +3. Is digital signature mandatory for GSTR-10 ?
    ✔ Yes, for companies and LLPs, DSC (Digital Signature Certificate) is required.
  • +4. Can I revise GSTR-10 after submission ?
    ✔ No, once filed, GSTR-10 cannot be revised.
  • +5. What is the difference between GSTR-10 and GSTR-9 ?
    ✔ GSTR-10 is the final return for canceled GST registrations, while GSTR-9 is the annual return for active taxpayers.
  • +6. Who is exempt from filing GSTR-10 ?
    ✔ Casual taxpayers, non-resident taxpayers, and those switching to the Composition Scheme.
  • +7. Can I claim ITC in GSTR-10 ?
    ✔ No, only ITC reversals are reported, not new claims.
  • +8. What if I have no stock left ?
    ✔ You must still file GSTR-10 with NIL stock details.
  • +9. Can a business be restarted after filing GSTR-10 ?
    ✔ No, a new GST registration is required for future operations.
  • +10. Can I file GSTR-10 myself ?
    ✔ Yes, but errors in filing can lead to penalties, so expert assistance is recommended.
  • +11. How long does it take to file GSTR-10 ?
    ✔ Typically, 1-2 working days with all required documents.
  • +12. Can I cancel GST registration without filing GSTR-10 ?
    ✔ No, filing GSTR-10 is mandatory before complete deregistration.
  • +13. Do I need to pay GST on unsold stock ?
    ✔ Yes, ITC on unsold stock must be reversed and paid as tax.
  • +14. What if I mistakenly filed GSTR-10 ?
    ✔ Once filed, it cannot be undone or modified.
  • +15. What are the common errors in GSTR-10 filing ?
    ✔ Incorrect stock details, missing ITC reversals, or failure to clear dues.