This certificate officially validates the total “Gross Sales” or “Revenue” achieved by a business during a specific period (monthly, quarterly, or annually). It is often required for participation in Tenders, obtaining Distributorships, or for Corporate Social Responsibility (CSR) compliance. It ensures that the turnover reported to external parties matches the GST and Income Tax filings of the company.
Eligibility & Criteria
- Limits: Usually required for tenders where a “Minimum Turnover” is specified as a qualifying criterion.
- Our Value-Added Service: Growth Trend Reporting. We provide a “Comparative Turnover Analysis” alongside the certificate, showing the business’s CAGR (Compound Annual Growth Rate) to make the client’s tender application more competitive.
- Penalty: Discrepancies between the certified turnover and filed tax returns can trigger a GST Scrutiny Notice (ASMT-10).