A turnover certificate is a factual statement that certifies the total turnover of the applicant entity based on the requirements. This certificate provides assurance to users regarding the turnover generated by the business entity within a specific period.
It can be for 1 or more years depending upon the requirements. This is generally required by banks for loans, government tenders etc.
Use/ Benefits
A Turnover Certificate is commonly used for participating in tender.
Turnover Certificate is also required for Export Turnover & Performance.