Difference between Turnover and Sales

This query is : Resolved 

29 November 2008 Sir,

Pls tell me with example what is the Difference between Turnover and Sales?

29 November 2008 Sales is the act of meeting prospective buyers and providing them with a product or service in turn of money or other required compensation
The turnover refers to the sales volume for a specific period of time like quarterly, semi annually or annually.

30 November 2008

30 November 2008 which SUPREME COURTsc and in what context

30 November 2008 Sorry for the above answer what i replied earlier was in respect of some other context.


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