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Immediate and deferred rebates.

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Full Text of the Document

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....red rebates paid by some of these companies should be allowed as deductions from their gross earnings before applying the percentage of 7-1/2% specified in sec.44B of the Act. 2. The question of allowing both immediate and deferred rebates has been examined by the Board in consultation with the Ministry of Law. Immediate rebate is allowed on the basic freight at the time of collecting the freig....