Answer

1. F

   Facts

   Before or after applying for cancellation, file all returns and the final return GSTR-10, pay all dues, and then claim the remaining cash balance as a refund. Earlier dues remain payable after cancellation under Sec 29(3).

2. P

   Provisions and law

   • Sec 29(3), CGST Act 2017Cancellation does not wipe out tax and other dues for earlier periods
   • Sec 49(6), CGST Act 2017Balance left in the cash or credit ledger after paying dues may be refunded under Sec 54
   • Sec 45, CGST Act 2017Final return GSTR-10 within three months of cancellation
3. A

   Analysis

   Use the cash to pay any late fee, interest or demand first. Then claim the rest. Keep the bank account in the registration open until the refund arrives; a closed account is the most common reason closing businesses lose small refunds.

4. C

   Conclusion

   1. 1File pending returns and pay dues from the cash balance
   2. 2Apply for cancellation and file GSTR-10
   3. 3Keep the registered bank account open
   4. 4File RFD-01 for the remaining balance

General guidance from TaxSavvy’s library of money processes. Laws change; your Savvy confirms the answer on your exact case before anything is filed.