GSTR-10 – Final Return

GSTR-10 – Final Return under GST

What is GSTR-10?
GSTR-10 is the Final Return to be filed by a registered taxpayer whose GST registration has been cancelled or surrendered. This return ensures that all liabilities are cleared before exiting the GST regime.

📌 Who should file GSTR-10?
Any taxpayer whose GST registration is cancelled or surrendered must file GSTR-10, except:

Input Service Distributors (ISD)

Non-resident taxable persons

Persons paying tax under composition scheme (they file GSTR-4 instead)

Taxpayers deducting tax at source under Section 51 (TDS)

Taxpayers collecting tax at source under Section 52 (TCS)

🗓️ Due Date for Filing GSTR-10
Within 3 months from the date of cancellation or the date of cancellation order, whichever is later.

📋 Details Required in GSTR-10
GSTR-10 contains 11 sections, including:

Basic details (GSTIN, legal name, etc.)

Effective date of cancellation

Reference number of cancellation order

Date of cancellation order

Closing stock of inputs, semi-finished goods, finished goods, and capital goods

Tax payable on closing stock

Details of payments

Verification

You need to declare:

Stock held on the day before cancellation.

Tax liability on such stock (to be paid).

💸 Penalty for Late Filing
A late fee of ₹100 per day per Act (i.e., ₹100 under CGST + ₹100 under SGST = ₹200/day).

Maximum late fee is ₹5,000 (₹2,500 CGST + ₹2,500 SGST).

Interest may also apply on outstanding liabilities.

✅ How to File GSTR-10?
Log in to the GST Portal

Navigate to Services > Returns > Final Return

Fill the form with relevant details

Pay any pending liabilities

Submit with DSC/EVC

📎 Additional Notes:
It is not a periodic return, but a one-time final statement.

Filing GSTR-10 is mandatory for closure of GST registration.

Non-filing may lead to rejection of cancellation request and legal consequences.