GST
GSTR-10 (Final Return)
File the final GST return (GSTR-10) after cancellation of your GST registration to close your compliance obligations.
Overview
GSTR-10 is the final return that must be filed within three months of the date of cancellation of GST registration or the date of the cancellation order, whichever is later. It reports closing stock details and the tax payable on inputs, semi-finished goods and finished goods held in stock on the date of cancellation.
When Is GSTR-10 Required?
- After voluntary cancellation of GST registration
- After suo moto cancellation by the department
- Not required if registration was cancelled from the date of registration itself (ab initio)
What Is Reported?
- Closing stock of inputs, semi-finished goods and finished goods
- Tax payable on the closing stock (ITC reversal)
- Capital goods details and ITC reversal thereon
Why Choose VSB Consultants?
We compile closing stock details, compute the tax liability and file GSTR-10 within the prescribed deadline.
Requirements, documents, government fees, professional fees and timelines may vary depending on the applicant, jurisdiction, portal status and applicable law. The final scope will be confirmed after reviewing the specific case.
FAQ
Frequently Asked Questions
GSTR-10 must be filed within 3 months from the date of cancellation or the date of the cancellation order, whichever is later.
Non-filing of GSTR-10 can attract a notice from the department and a late fee. The GST portal may also restrict certain activities until the final return is filed.
Yes, tax may be payable on the closing stock of inputs and capital goods. The amount is calculated based on the input tax credit that was availed on those goods.
Get in Touch
Discuss Your Requirement
Share your details and our team will contact you regarding this service.