Sir, I am civil work contractor .When we r bringing machineries for civil work,. whether we have to show rental agreement amount for the capital goods for construction from another state, Or the value of machineries in the transportation  documents..There is no commercial value is involved in this transaction. It is brought on rental basis only and will be returned after work.We will pay GST on machinery higher charges only.  Please clarify which amount to be shown in transportation documents.? Rental agreement amt OR value of machinery?
Nk Shastry's image