What is the meaning of turnover. Whar are the elements included in turnover like Excise duty. Whether sales tax is part of Turnover?
we have to get turnover certificate from AP commerical tax department. please help me out in this regard.
Akula Srinivas (Accounts Officer) (59 Points)
24 April 2012What is the meaning of turnover. Whar are the elements included in turnover like Excise duty. Whether sales tax is part of Turnover?
we have to get turnover certificate from AP commerical tax department. please help me out in this regard.
CA D R P
(Chartered Accountant)
(313 Points)
Replied 24 April 2012
"turnover" means " continuous cycle of any specific events " .....
in the context of your question ....
"turnover" means excluding tax effects.....
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