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)

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)

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.

Message likes : 1 times

Manish

Manish (Querist)

16 February 2022 Thanks for your reply sir.

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