LAAMS - Tax Consulting Service

GSTR-10 Return Filing

Final Return for GST Cancellation

When a business’s GST registration is cancelled or surrendered, it is legally mandatory to file GSTR-10, the Final Return, within a stipulated time frame. GSTR-10 ensures all pending tax liabilities are settled and inventory details are declared, making it a crucial step in closing your GST account properly.

At Laams Tax Consultancy Private Limited, Chennai, we offer professional GSTR-10 Return filing services to help businesses close their GST accounts smoothly, avoid penalties, and stay compliant with the CGST Rules under Section 45 of the GST Act.

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Mandatory Documents

Registration Process

Benefits

Common Mistakes

Why Choose Us

Who Should File GSTR-10?

Taxpayers whose GST registration has been cancelled voluntarily or by the department
Businesses that have ceased operations or undergone merger/closure.
Composition scheme dealers and regular taxpayers cancelling their GSTIN
Not applicable to those migrated from one GST regime to another

Documents Required for GSTR-10 Filing

Identity & Registration Details

GSTIN and Legal Name of the Business
These confirm the taxpayer’s identity and are essential for form validation.

GST Cancellation/Surrender Details

Date of GST registration cancellation or surrender application
Used to determine the due date and eligibility for GSTR-10 filing.

Stock Details at the Time of Closure

Inventory records for inputs, semi-finished goods, finished goods, and capital goods
Needed to calculate tax liability on unsold stock at closure.

Invoice-Wise Liability Statement

Details of pending tax liabilities, credit reversals, and adjustments
Must include document-wise breakup for accuracy and verification.

Advance Tax Details (If Applicable)

Proof of any advance tax paid under GST
Ensures correct adjustment during return filing and avoids duplication.s

Digital Authentication

Digital Signature Certificate (DSC) or EVC (in case of proprietorship)
Required for securely submitting GSTR-10 on the GST portal.

GST Portal Login Credentials

Username and password for access to the GST portal
Mandatory to file the return online and track acknowledgment or errors.

GSTR-10 Filing Process with Laams – Step by Step

Step 1: Eligibility Check

We verify GST cancellation status and confirm that GSTR-10 is due.

Step 2: Data Compilation

We collect inventory, tax liabilities, and ITC-related information from the business.

Step 3: Form Preparation

Our tax experts fill out GSTR-10 in accordance with GST norms, including item-level stock and tax amounts.

Step 4: Reconciliation and Review

We cross-check previously filed returns (GSTR-3B, GSTR-9) for consistency.

Step 5: Final Submission on GST Portal

The return is filed using your DSC/EVC, and acknowledgment is shared for records.

Step 6: Post-Filing Support

In case of notice or clarification from the GST department, Laams assists with response and resolution.

Due Date & Penalties for GSTR-10

Due Date: Within 3 months of the date of cancellation or order of cancellation
Late Filing Penalty: ₹100 per day per Act (CGST + SGST = ₹200/day)
Maximum penalty may go up to ₹10,000 if delayed

Timely GSTR-10 filing avoids unnecessary penalties and legal complications

Benefits of Filing GSTR-10 with Laams

Accurate Final Return Filing: No errors in stock valuation or tax liability reporting

Penalty Avoidance: File within the due date and save up to ₹10,000

Professional Support: GST compliance experts assist in every step

Inventory & Liability Clarity: Ensure smooth closure of GST books

End-to-End Handling: We manage portal access, DSC linking, and departmental queries

Common Mistakes to Avoid in GSTR-10 Filing

Missing the Due Date After Cancellation: GSTR-10 must be filed within 3 months of GST registration cancellation. Delays attract late fees and may complicate closure procedures.

Incorrect Valuation of Unsold Stock or Capital Goods: Wrong valuation of closing stock or capital goods leads to tax discrepancies. Accurate calculations are vital to determine payable liabilities.

Not Disclosing Pending Tax Liabilities: Failing to declare outstanding tax dues can result in demand notices. GSTR-10 is a final return, and full disclosure is legally required.

Filing GSTR-10 Before Actual Cancellation Date: Submitting the return before the official cancellation date may cause system rejection. Always verify the effective cancellation date before filing.

Filing Incomplete Form Without Proper Reconciliation: Submitting GSTR-10 without reconciling books and previous returns leads to inconsistencies. Proper review ensures correct and complete filing.

With Laams, these issues are handled proactively by experienced GST consultants in Chennai.