Rebate. Same as drawback. When part of an amount paid is returned such return is designated a
rebate. A rebate on imported goods on which duty has been paid is a repayment, in part or in
whole, of the duties on the subsequent exportation of the same goods in their original or in
another form. A rebate on freight rates is a repayment, in part, of the rates (or charges).
rebate. A rebate on imported goods on which duty has been paid is a repayment, in part or in
whole, of the duties on the subsequent exportation of the same goods in their original or in
another form. A rebate on freight rates is a repayment, in part, of the rates (or charges).
 | |  | |  | |  | |  | |  | |  | |  | |  | |  | |  | |  | |  | |  | |  | |  | |  | |  | |  | |  | |  | |  | |  | |  | |  | |  |
| Copyright 2000 - 2010 by Dictionary of Accounting All Rights Reserved Accounting Resources Hunting Knives, Military Acronyms Training Gun Dog |