What is a mean of rebate on bill discounted in simple languages
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It is reduction in price allowed by the seller of good after the goods have been sold .Stating differently rebate is offered an allowed in space completed in the past .It is allowed for the reason other than for which trade discount is allowed .
For ex- discount allowed because of poor quality of goods .
It is reduction in price allowed by the seller of good after the goods have been sold .Stating differently rebate is offered an allowed in space completed in the past .It is allowed for the reason other than for which trade discount is allowed .
For ex- discount allowed because of poor quality of goods .
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