GST Annual Return

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This discussion addresses whether filing an annual GST return (GSTR-9) is necessary when a business has only purchased capital goods and incurred no outward sales during a financial year. While filing might not be mandatory in such cases, the user is keen on claiming the input tax credit on the capital goods, especially since future sales will be exports and thus zero-rated.

CMA Pravat Kumar Parida

CMA Pravat Kumar Parida (Querist)

28 February 2025 Sir,
During a particular financial year, our new project has only GST purchase of Capital Goods and no outward sales is incurred. Weather it is advisable to file Annual GSTR 9 return. ( we have already file monthly GST return on regular basis.)

Nikhil Kaushik

Nikhil Kaushik (Expert)

28 February 2025 you are not required to file.

CMA Pravat Kumar Parida

CMA Pravat Kumar Parida (Querist)

28 February 2025 But i am interested in refund of input credit on Capital goods , because all my future outward sales will be Export sales with no outward GST.

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