Tuesday 7 February 2012

Meaning of PTS


PTS is short form of "Price to Stockist". 
PTS (Price to Stockiest) is general term used by pharma companies to mention the price of particular product offered to stockiest or distributor.
PTS is inclusive of VAT to be paid by Stockiest to the central government.
The sales of company are generally calculated by PTS for particular product.
Sales of product= PTS * Quantity of product sold from stockiest

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