Dear all,
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.
CAclubindia
