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Final Return (GSTR - 10) - Section 45 - GST Ready Reckoner - GSTExtract Final Return Every registered person required to furnish a final return under section 45, shall furnish such return electronically in FORM GSTR-10 through the common portal either directly or through a Facilitation Centre notified by the Commissioner. [ Section 45 read with rule 81 ] Obligation of a registered person applying for cancellation As per Section 29(5) of the CGST Act , read with rule 20 of the CGST Rules , the taxpayer seeking cancellation of registration shall have to pay, by way of debiting either the electronic credit or cash ledger, a) the input tax contained in the stock of inputs, semi-finished goods, finished goods and capital goods Or b) the output tax payable on such goods, whichever is higher . The requirement to debit the electronic credit and/or cash ledger by suitable amounts should not be a prerequisite for applying for cancellation of registration. This can also be done at the time of submission of final return in FORM GSTR-10. Time limit for furnishing Final Return Every registered person who is required to furnish a return under section 39(1) and whose registration has been cancelled shall furnish a final return within three months of a) the date of cancellation or b) date of order of cancellation, whichever is later , Non applicability of filling of Final Return (GSTR-10) This form is not required to be filed by the taxpayers or persons who are registered as Input Service Distributor Persons paying tax under Section 10 Non-resident taxable person Persons required to deduct tax at source under Section 51 and Persons required to collecting tax at source under Section 52.
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