EON International Ltd. is registered under GST in Karnataka, Maharashtra, Rajasthan and Punjab. Due to closure of business activities in Karnataka with effect from 31 May, 2024, EON International Ltd. filed an applicatio

CS Professional · Goods and Services Tax (GST) and Corporate Tax Planning · PYQS · December 2024
EON International Ltd. is registered under GST in Karnataka, Maharashtra, Rajasthan and Punjab. Due to closure of business activities in Karnataka with effect from 31 May, 2024, EON International Ltd. filed an application for cancellation of registration before the jurisdictional tax authorities of Karnataka. The application for cancellation of registration was filed on 30 June, 2024. The registration was suspended with immediate effect from 30 June, 2024, by the jurisdictional tax authorities. The final order of cancellation was dated 31 July, 2024. You are required to advise EON International Ltd. regarding the last date for filing the final return by it in Karnataka. Further, EON International Ltd. was also registered as an ISD (Input Service Distributor) in Karnataka. Said registration was cancelled with effect from 30 June, 2024 with an order dated 31 July, 2024. Advise whether the final return is required to be filed upon cancellation of ISD registration by EON International Ltd. ? If yes, what is the due date for filing said final return ?

Answer & Explanation:

Answer 4A(ii) As per section 45 read with rule 81, every registered person who is required to file a return under section 39(1) and whose registration has been cancelled is required to file a final return electronically in Form GSTR-10 through the common portal. The final return has to be filed within 3 months of the: date of cancellation or date of order of cancellation whichever is later. Thus, in the given case, final return for Karnataka registration has to be furnished within three months of the date of order of cancellation of registration i.e. July 31, 2024. Hence, final return has to be filed by EON International Ltd. on or before October 31, 2024 . Further, since an ISD is not required to furnish return under section 39(1) but under section 39(4), final return is not required to be filed upon cancellation of ISD registration. Therefore, EON International Ltd. is not required to furnish final return for ISD registration cancelled.

Topics: GST Law

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