Hello Sir,
I would like to know how the Turnover of a company can be calculated ?
Does it includes both sales and purchase or only sales?
Please provide the valuable information by relating it to Textile manufactuiring and jewellery manufacturing.
Menu
Turn over
Replies (3)
Turnover of a company = Cost of a product + profit earned on it.
It includes only sales.
In the case of textile manufacturing and jewellery manufacturing , turnover shall include the cost of the raw material and expenses incurred in it whether direct or indirect expenses for converting it from a raw material to a finished product.
It means total sales in a financial period....
Yes, the total sales in a financial year
Recent Topics :
- GST SALES RETURN MISSING 2025-26 FY
- Enquiry on FAST-DS system generated email
- Capital gain on sale of agriculture land
- Demand from TRACES
- FY 2025-26 ITC CLAIM DUE DATE
- 96084000 and 48202000 HSN code ka Tax Rate kya hai
- Clarifications for intra day transactions
- CA FINAL FR FINANCIAL INSTRUMENTS (Ind AS 109) Dou
- 70:30 GST rule for solar EPC: partial scope (struc
- TDS on Redevelopers hardship allowance received no
Related Topics :
CAclubindia
