https://www.taxtmi.com/circulars?id=6948 Calculation of equalised freight or average freight may be based on prior years' actual transportation charges, provided the total transportation expenses claimed on such averages do not exceed the actual transportation expenses incurred in the current year; deductions for transportation are finally restricted to actual expenses. Field formations are to be informed and must acknowledge receipt, and the averaging method is permissible only as an estimation mechanism subject to the cap of actual current-year transportation outlays. en-us Mon, 25 Apr 1988 00:00:00 +0530 Thu, 09 Jul 2009 09:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=6948 Calculation of equalised freight or average freight may be based on prior years' actual transportation charges, provided the total transportation expenses claimed on such averages do not exceed the actual transportation expenses incurred in the current year; deductions for transportation are finally restricted to actual expenses. Field formations are to be informed and must acknowledge receipt, and the averaging method is permissible only as an estimation mechanism subject to the cap of actual current-year transportation outlays. Circulars Central Excise Mon, 25 Apr 1988 00:00:00 +0530 https://www.taxtmi.com/circulars?id=6948