Please advice on the below query.
An Inactive Company which is not having GST registration is intending to Sell its building Scrap and Machinery Scrap worth Rs. 2700000 to a firm. They are intending to execute a contract for Dismantling Services and Sale of Scrap and Subsequent activities and TDS will be deducted for the amount paid as consideration by the Buyer.
There are two agreements:
1. Agreement for Sale of Scrap-2100000.00
2. Agreement for Service-Dismantling etc. 600000.00
In this Case whether the seller Company is required to obtain GST Registration.