Final Return not filed after cancellation

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This query is : Resolved

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A taxpayer cancelled their GST registration but failed to file the final return within the three-month window. They are now facing a penalty of Rs. 10,000, and are seeking clarification on whether this can be waived. Additionally, they need to know if they can reactivate the cancelled GSTIN or if a fresh application is required. It appears the opportunity for reduced late fees on GSTR-10 has expired, meaning the full Rs. 10,000 penalty is likely applicable.

Manish

Manish (Querist)
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15 February 2022 Dear Experts

One Taxpayer has applied for cancellation of GST Registration and received cancellation order as well but within 3 months not filed Final Return. Now Final Return Form displaying penalty of Rs. 10,000/-. Please confirm this penalty can be waived off or not?

Further, this cancelled GSTIN can be start again or taxpayer have to apply GSTIN afresh? Please confirm.

Thanks

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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16 February 2022 According to the September 21st 2020 update, the taxpayers who have not filed their final return and GST Form 10 can do so with a late fee reduced to Rs 500/-.

Apply again for GST registration.

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Manish

Manish (Querist)
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16 February 2022 Thanks for your reply sir.

How can we apply for reduced fees. Portal has displayed Fees 5000 + 5000 total 10000/-.