Turnover meaning

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. 

Replies (1)

"turnover" means " continuous cycle of any specific events " .....

in the context of your question ....

"turnover" means excluding tax effects.....

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