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Excess Freight Not Included in Assessable Value for Petroleum Products Taxation When Collection Exceeds Actual Cost.

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....Valuation - petroleum products - amount of freight collected is less than the actual expenditure. - any amount of freight which is collected in excess of actual freight is not includible in the assessable value. - AT....

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Excess Freight Not Included in Assessable Value for Petroleum Products Taxation When Collection Exceeds Actual Cost.