Sales Turnover definition

Sales Turnover means- “The aggregate amount for which sales are effected. The ‘gross turnover’ & ‘net turnover’ (or ‘gross sales’ and ‘net sales’) are sometimes used to distinguish the sales aggregate before and after deduction of returns and trade discounts.” For the purpose of Section 44AB, turnover shall be construed taking into consideration the following:
Sample 1Sample 2Sample 3
Sales Turnover means- “The aggregate amount for which sale8s are effected. The ‘gross turnover’ & ‘net turnover’ (or ‘gross sales’ and ‘net
Sample 1
Sales Turnover the total amount of revenues actually received by the Company in respect of a certain Sales Transactions.
Sample 1

Examples of Sales Turnover in a sentence

  • Annual Sales Turnover of last three years supported by audited Balance Sheet (Rs. in lakh)YearSales Turnover (Rs inLakh)2015-16 2016-17 2017-18 12.

  • Provide a copy of all annual reports applicable to the data supplied in appendix A3 (Sales Turnover).

  • Manufacturing units – Entire Annual Gross Sales Turnover including all levies and taxes of manufacturing units handling hazardous substances as defined in the PLI Act 1991.

  • The Bidder must submit a certificate from its Chartered accountant clearly certifying the percentage of Gross Sales Turnover achieved during each of the preceding five financial years from business in respect of which the Technical Experience is being Claimed and other businesses so as to enable Authority to evaluate whether the bidder/lead member has satisfied the condition laid down at Clause 2.2.2 B (I) (a) and (b) of this RFP.

  • However, in case of Manufacturer, they should have a documentary proof as prescribed in the Section V, Bid Form, to the effect that they are the original Manufacturer of the required specifications of Goods.c. Annual Sales Turnover of more than 50.0 Million PKR/-within past one financial year.

  • Date:Place: Certificate for Sales Turn-over and Profit Annexure- III Certified that M/s having its Registered Office at has been having a sales turnover of at least Rs. 200 Crores and net profit (i.e. Profit After Tax) of at least Rs. 2 crores during each of the last 3 Financial Years viz.

  • The Company also has coverage in form of a Sales Turnover policy which provides all-risk transit insurance cover to the finished goods produced and sold by the Company and also covers transit of all the incoming raw materials.

  • The other criterions linked to overall Sales Turnover, networth etc, should be avoided as this may result in restricting competition.

  • This is to certify that the Average annual Sales Turnover in lastfive completed Financial Years from Catering business in India involving Production/Sale/Service of food items of M/s having its office at is as under: Financial Information (in INR)Financial Years2021-222020-212019-202018-192017-18Annual Sales Turnover (in crore) AVERAGE ANNUAL SALES TURNOVER:Note: Annual Sales turnover is to be certified by Chartered Accountant/ Statutory Auditors.

  • Annual Sales Turnover of last three years supported by audited Balance Sheet (Rs. in lakh)YearSales Turnover(Rs in Lakh)2016-17 2017-18 2018-19 12.

Related to Sales Turnover

  • Annual Turnover means the actual turnover achieved during your first year of operations, from the commencement of your business to the date of the damage, converted to a 12-month equivalent figure.

  • Turnover means the aggregate value of the realisation of amount made from the sale, supply or distribution of goods or on account of services rendered, or both, by the company during a financial year;

  • Sales Revenue means receipts from the sale, lease, or rental of goods, services, or property;

  • Standard Turnover means the turnover achieved between the date of commencement of your business and the date of the damage, converted to the selected indemnity period.

  • Gross Sales means the sum total of all retail sales of tangible personal property or services as

  • Contract Sales Price means the total consideration received by the Company for the sale of an Investment.

  • Gross Sales Price with respect to each sale of Shares sold pursuant to this Agreement shall be the gross sales price per share of such Shares.

  • aggregate turnover means the aggregate value of all taxable supplies (excluding the value of inward supplies on which tax is payable by a person on reverse charge basis), exempt supplies, exports of goods or services or both and inter-State supplies of persons having the same Permanent Account Number, to be computed on all India basis but excludes central tax, State tax, Union territory tax, integrated tax and cess;

  • Operating Margin Customer means a Control Area purchasing Operating Margin pursuant to an agreement between such other Control Area and the LLC.

  • Gross weight means the aggregate weight of a vehicle or combination of vehicles and the load

  • Net Sales Revenue shall have the meaning as set out in Schedule "A"

  • Declared Monthly Consumption means the Declared Monthly Consumption set out in the Acceptance Form for Electricity Supply.

  • Sales Tax Revenues means taxes collected under the Virginia Retail Sales and Use Tax Act

  • Local school operating revenue means school operating taxes levied under section 1211 of the revised school code, MCL 380.1211. For a receiving district, if school operating taxes are to be levied on behalf of a dissolved district that has been attached in whole or in part to the receiving district to satisfy debt obligations of the dissolved district under section 12 of the revised school code, MCL 380.12, local school operating revenue does not include school operating taxes levied within the geographic area of the dissolved district.

  • Sales Year means the calendar year during which the Company sold Cigarettes in a Beneficiary State requiring the deposit of QEF Principal.

  • Gross laden weight means the actual weight of a vehicle or combination of

  • System Revenues means all rates, rents, fees, charges,

  • Selling Retailer The entity selling the Covered Product and this Agreement.

  • Retail sales As defined in the definition of Net Revenue.

  • Contract Quantity means the quantity of Gas to be delivered and taken as agreed to by the parties in a transaction.

  • Retailer means every person engaged in the business of making sales at retail, or for distribution,

  • Sales On the settlement date for a sale, Bank shall credit the Cash Account with the sale proceeds of the sale and transfer the relevant Financial Assets to an account pending settlement of the trade if not already delivered.

  • Consumption of a chemical means its conversion into another chemical via a chemical reaction.

  • Meet-Point Billing (MPB means the billing associated with interconnection of facilities between two (2) or more LECs for the routing of traffic to and from an IXC with which one of the LECs does not have a direct connection. In a multi-bill environment, each Party bills the appropriate tariffed rate for its portion of a jointly provided Switched Exchange Access Service.

  • Net metering customer means a customer of the electric distribution company

  • MONTHLY KILOMETREAGE STATEMENT CUM BILL means the format specified by the Company.