What is Rebate?

[wk_pk]

Assalam O Alaikum...

Friends Please tell me something about REBATE and if possible what kind of Rebate system is followed in Pakistan?

Thanx

WK

[wk_pk]

Is there any one to tell me abt this Topic. its amazing that no one has replied till now...

But i hope that somebody would tell me....

[Abdur.Rehman]

yar this topic was discussed earlier
http//www.accountancy.com.pk/forum/topic.asp?topic_id=4035
here is the link...
the name of topic was "IAS 2 Queries" by nabeel anwar

[nabeelanwer]

<blockquote id="quote"><font size="1" face="Verdana, Tahoma, Arial" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by wk_pk</i>
<br />Assalam O Alaikum...

Freinds Plzz tell me something about REBATE and if possible what kind of Rebate system is followed in Pakistan.

Thanx

WK
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

one thing more
1) In case of Rebate on imports --- Reduce cost of inventories upto rebate

2) In case of Rebate on Exports --- Just add such amount in Sales

[Abdur.Rehman]

u r right...

[wk_pk]

Thanx Buddies....