Mandatory final return upon GST registration cancellation. Declare closing stock, pay final tax liability, and complete the deregistration process.
GSTR-10 is the final return to be filed within 3 months of cancellation date or cancellation order date, whichever is later. It requires declaration of closing stock (inputs, semi-finished, finished goods), capital goods, and payment of tax on ITC reversal. Non-filing results in penalty and recovery proceedings.
Calculate closing stock value
Compute ITC to be reversed
File final return on portal
Pay final liability if any
Timeline: 3-5 Days
*Govt fees extra where applicable