GST Surrendered
If a taxpayer’s GST registration is cancelled or surrendered, then he/she needs to file a return in Form GSTR 10. It is known as the Final Return. GSTR10 shall be filed by a taxpayer within three months from the date of cancellation or date of cancellation order; whichever is later.
Who Should File GSTR-10
Form
GSTR-10 has to be filed by every taxpayer if their registration is cancelled
except the following:
· Input Service Distributor
· Non-resident taxable persons
· Persons required deducting Tax at
Source (TDS) (Under section 51)
· Persons paying tax under section 10 (Composition Taxpayer)
· Persons required collecting TCS (Under
section 52)
Difference between
Final Return and Annual Return:
Annual Return: Annual
return has to be filed by every registered person paying tax as a normal
taxpayer under GST. Annual return is to be filed once a year in Form GSTR-9
Final Return: It is required to be filed by the persons whose registration has been cancelled or surrendered in Form GSTR 10. It is to be filed only once.