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GSTR-10

GSTR-10, also known as the Final Return, is required when a GST registration is cancelled or surrendered. It must be filed by taxpayers whose GST registration has been cancelled to provide details of stock held and tax liabilities at the time of cancellation.

Timely filing of GSTR-10 ensures proper closure of GST registration and avoids penalties.

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GSTR-10

Who Should File GSTR-10?

GSTR-10 must be filed by:

  • Businesses whose GST registration has been cancelled

  • Taxpayers who voluntarily surrendered GST registration

  • Entities discontinuing business operations

Note: GSTR-10 is not required for composition taxpayers or non-resident taxable persons.

When Should GSTR-10 Be Filed?

  • Within 3 months from the date of cancellation order
    OR

  • Within 3 months from the date of cancellation, whichever is later

Failure to file may result in late fees and legal consequences.

Information Required for GSTR-10

  • GSTIN details

  • Date of cancellation

  • Details of stock held on the cancellation date

  • Details of inputs and capital goods

  • Tax payable on closing stock

  • Payment details of tax liability

Importance of GSTR-10 Filing

  • Proper closure of GST registration

  • Avoid penalties and late fees

  • Clear tax liability on remaining stock

  • Prevent future compliance issues

  • Maintain clean tax records

Consequences of Non-Filing

  • Late fees and penalties

  • Legal notices from GST authorities

  • Restrictions on future registrations

  • Increased compliance risk

How Logicway Advisors Can Help

We provide complete assistance for GSTR-10 filing:

  • Review cancellation details

  • Compute tax liability on closing stock

  • Prepare and file GSTR-10 accurately

  • Clear outstanding dues

  • Ensure smooth closure of GST registration

Close Your GST Registration Properly

Ensure proper compliance even at the time of business closure. Contact Logicway Advisors today for accurate and hassle-free GSTR-10 filing services.