How to rate limit traffice on cisco router interface

So I have a 200Mbps internet circuit on my 2951 router. This is a burstable circuit meaning it can go faster than 200Mbps, but we get charged for anything over 200Mbps. I want to police traffic on the WAN interface so it can't go over 200Mbps. I would like to do this oubound and inbound. Below is my interface configuration: gi0/0 is my WAN interface

interface GigabitEthernet0/0
description TO_ISP_200Mbps
ip address x.x.x.26
ip access-group 110 in
duplex auto
speed auto
interface GigabitEthernet0/1
description TO_ASA_5520
ip address x.x.x..33
ip access-group 120 in
ip flow ingress
duplex auto
speed auto

If someone could email me a configuration it would be helpful.  Thanks.
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You would need to configure qos, define the ........
A search for Cisco qos rate limit will provide the Cisco command reference.

Here is a support forum discussion that includes an example.  Note  the example is for 5m ..

Which iOS version is on your router.

Cisco command reference ........ Rate-limit
denver218Author Commented:
So i've added the following.  For the outbound direction it works perfect, never goes over 200mbps.  Now inbound is a different story, its still high.  Now I'm thinking its because traffic is for example coming in at 400Mbps when it hits my WAN port and the router can't police it down that much to 200Mbps.  Any Idea?

class class-default
  police 200000000 conform-action transmit  exceed-action drop

interface GigabitEthernet0/0
ip address x.x.x.x
ip access-group 120 in
no ip redirects
no ip proxy-arp
duplex full
speed 1000
service-policy input LIMIT-BANDWIDTH
service-policy output LIMIT-BANDWIDTH
Your map is for transmit, you need a separate policy map for receive to handle the inbound traffic.

Is your burst pricing applied to both directions?

Another though, when packets reach your router, your dropping them or delivering to their destination count the same.

The bandwidth is already counted the packet whether you let it pass or not.
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denver218Author Commented:
Yes I understand in the inbound direction its already counted, but I wanted to police it anyway.  I thought the following applys to both inbound and outbound?

service-policy input LIMIT-BANDWIDTH
service-policy output LIMIT-BANDWIDTH
You are applying to both, but the LIMIT-BANDWIDTH policy map is of transmit direction.

The difficulty whether the policy map applies and thepacketisdropped, not sure how you will determine it.

I.e. Match the inbound traffic on the outside interface and the outgoing on the LAN interface.
I.e. 250MB on the outside incoming, while during the same time there is only 200 on the inside outgoing.....

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