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GST Suvidha Center WB093 offers GSTR – 10 services designed to streamline your business operations. Visit us to experience professional, reliable, and personalized solutions.

If your GST registration is canceled or surrendered you should file a return in the form of GSTR-10. Now get the service with easy filing, hassle-free process, and quick service.

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GSTR 10

GSTR 10

GSTR 10 is a return to be filed by taxpayers whose GST Registration has either been surrendered by the taxpayer or has been cancelled by authorities. The return is also called as Final Return, which is different from Annual Return. The annual return is the return to be filed every year in accordance with the quarterly returns filed by taxpayers throughout the Financial Year.

Here it is important to understand the difference between a final return and an annual return, basically the difference between GSTR-10 and GSTR-9.

 Annual Return : or Form GSTR-9 is to be filed by all registered persons paying tax as a normal taxpayer under GST, and it has to be filed once a year.

 Final Return : or Form GSTR-10 is to be filed by all persons whose registration has been canceled or surrendered and is a one-time process.

What is the difference between the Final Return and Annual Return?

Annual return has to be filed by every registered person paying tax as a normal taxpayer under GST. The annual return is to be filed once a year in Form GSTR 9.

Whereas Final return is required to be filed by the persons whose registration has been cancelled or surrendered in Form GSTR 10.

Who needs to file GSTR 10

Who needs to file GSTR 10

Form GSTR-10 is required to be filed by every taxpayer except:

 Input Service Distributor
 Non-resident taxable persons
 Persons required to deduct TDS u/s 51
 Persons paying tax u/s 10 (Composition Taxpayer)
 Persons required to collect TCS u/s 52

What information should be provided in the GSTR-10 return?

What information should be provided in the GSTR10 return 1

The following information must be provided in the final GST return:

 GSTIN of the taxpayer
 ARN of GST registration surrender application
 Effective Date of GST registration surrender/cancellation (DD/MM/YYYY)
 If GST cancellation order has been passed
 Unique ID of the cancellation order
 Date of Cancellation Order (DD/MM/YYYY)
 Closing Stock held on the date of GST registration surrender or cancellation
 Inputs in semi-finished goods
 Inputs in finished goods
 Input services
 Capital goods
 Amount of tax payable on closing stock

The penalty for Late Filing of GSTR 10

The penalty for Late Filing of GSTR 10

The provisions for a late filing of GSTR-10 are a bit lenient as compared to other returns. In case of a late-filing of GSTR-10, a notice is issued to the corresponding taxpayer giving them a time period of 15 days to file the return. In case taxpayers fail to comply with the 15-day extension, tax officers will pass the cancellation order and issue the amount of payable tax with interest/penalty.

Why Choose SUVIDHA Centers for GSTR-10 Services?

Role of GST Suvidha Center
  • Expertise: SUVIDHA Centers have experienced professionals who are well-versed in the intricacies of GST and GSTR-10 filing.
  • Accuracy: The centers ensure accurate and timely filing of GSTR-10 returns, minimizing the risk of penalties and interest.
  • Convenience: SUVIDHA Centers offer a centralized location for completing the GSTR-10 process, eliminating the need for multiple visits to different government offices.
  • Efficiency: The centers are equipped with modern infrastructure and trained staff to streamline the filing process, saving time and effort.
  • Transparency: The entire process is transparent, with clear guidelines and procedures, ensuring a hassle-free experience.
  • Timely Service: SUVIDHA Centers strive to deliver prompt and efficient services, reducing the turnaround time for GSTR-10 filing.

Accessibility: The centers are located in various regions across India, making them easily accessible to businesses of all sizes.

GSTR-10 Filing Process at SUVIDHA Centers

GSTR-10 Filing Process at SUVIDHA Centers

 

  1. Document Collection: Gather the necessary documents, including the taxpayer’s GST registration certificate, quarterly turnover details, and any supporting documents.
  2. Application Submission: Visit a nearby SUVIDHA Center and submit the completed application form along with the required documents.
  3. Fee Payment: Pay the applicable fee for GSTR-10 filing at the center.
  4. Data Entry: The center’s staff will enter the provided data into the GSTR-10 form.
  5. Verification: The form will be verified for accuracy and completeness.
  6. Filing: The GSTR-10 return will be filed electronically with the GST authorities.

Acknowledgement Receipt: The center will provide an acknowledgement receipt as proof of successful filing.

Benefits of GSTR-10 Filing through SUVIDHA Centers

Benefits of GSTR-10 Filing through SUVIDHA Centers
  • Accurate Filing: The centers’ expertise ensures accurate and error-free GSTR-10 returns, reducing the risk of penalties and interest.
  • Timely Filing: SUVIDHA Centers strive to complete the filing process within the stipulated timeline, avoiding late fees.
  • Avoidance of Penalties: Accurate and timely filing of GSTR-10 can help businesses avoid penalties and interest imposed by the GST authorities.
  • Enhanced Compliance: Regular and accurate GSTR-10 filing demonstrates compliance with GST regulations and maintains a positive reputation with the authorities.

Peace of Mind: By entrusting GSTR-10 filing to SUVIDHA Centers, businesses can have peace of mind knowing that their tax obligations are being handled professionally.

Tips for a Smooth GSTR-10 Filing Process

Tips for a Smooth GSTR-10 Filing Process
  • Maintain Accurate Records: Keep detailed records of your quarterly turnover and supporting documents to facilitate the filing process.
  • Prepare Documents in Advance: Gather all the required documents before visiting the SUVIDHA Center to avoid delays.
  • Check Center Timings: Ensure that you visit the center during its operating hours to avoid inconvenience.
  • Inquire About Fees: Clarify the GSTR-10 filing fees and payment methods before submitting the application.

Follow Up: If there are any delays or queries, follow up with the center staff to ensure a timely resolution.

Additional Services Offered by SUVIDHA Centers

Additional Services Offered by SUVIDHA Centers

Apart from GSTR-10 filing, SUVIDHA Centers also provide various other GST-related services, including:

  • GST registration
  • GSTR-1, GSTR-3, and other GST return filing
  • GST refund applications
  • GST input tax credit verification

GST compliance advisory

Conclusion

SUVIDHA Centers offer a convenient and efficient solution for businesses seeking GSTR-10 filing services in India. By utilizing their expertise and services, businesses can ensure accurate and timely compliance with GST regulations, avoid penalties, and maintain a positive reputation with the authorities.

FAQ'S

GST-R- 10

  • What is GSTR-10?

  • GSTR-10 is the final return filed by a taxpayer whose GST registration has been cancelled or surrendered.

  • Who needs to file GSTR-10?

  • Any taxpayer whose GST registration is cancelled or surrendered, either voluntarily or involuntarily.

  • When is the due date for filing GSTR-10?

  • Within 3 months from the date of cancellation or surrender of GST registration.

  • Is GSTR-10 mandatory?

  • Yes, it is mandatory for all taxpayers whose GST registration is cancelled or surrendered.

  • Can I file a nil GSTR-10?

  • Yes, if you have no stock or input tax credit to declare.

Stock Details

  • What kind of stock should I declare in GSTR-10?

  • All types of stock, including raw materials, semi-finished goods, finished goods, capital goods, and plant and machinery.

  • How should I value the stock?

  • At the cost price or market value, whichever is lower.

  • Do I need to declare the GST paid on the stock?

  • Yes, you need to declare the input tax credit (ITC) available on the stock.

  • What if I have lost some of the stock?

  • You should declare the remaining stock and provide a reason for the loss.

  • Can I claim ITC on the stock declared in GSTR-10?

  • No, you cannot claim ITC on the stock declared in GSTR-10.

Input Tax Credit

  • Can I claim ITC on inputs received after the cancellation of registration?

  • No, you cannot claim ITC on inputs received after the cancellation of registration.

  • Can I claim ITC on inputs received before the cancellation of registration but not used?

  • Yes, you can claim ITC on unused inputs, subject to certain conditions.

  • How can I claim ITC on unused inputs?

  • You need to file a refund claim or adjust the ITC against future tax liabilities.

  • What if I have excess ITC?

  • You can claim a refund or carry forward the excess ITC to the next financial year.

  • Can I transfer ITC to another GSTIN?

  • No, you cannot transfer ITC to another GSTIN.

Other Important Points

  • What if I fail to file GSTR-10 on time?

  • You may be liable to pay late fees and penalties.

  • Can I revise GSTR-10 after filing?

  • Yes, you can revise GSTR-10 within a certain time limit.

  • How can I file GSTR-10?

  • You can file GSTR-10 online through the GST portal.

  • What documents should I keep for GSTR-10?

  • You should keep all relevant documents, such as purchase invoices, sales invoices, stock records, etc.

  • Can I get a tax audit for GSTR-10?

  • Yes, if your turnover exceeds the threshold limit for tax audit.

     

 

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