GTO / Turnover definition
GTO / Turnover means turnover from similar business for the relevant period for which experience has been claimed in terms of the NIT i.e. the turnover shall be related to the business / similar business only for which the tender is called. Gross turnover means “Total value of sales excluding GST/VAT (Sales Tax) / Service Tax”.
GTO / Turnover means turnover from similar business for the relevant period for which experience has been claimed in terms of the NIT i.e. the turnover shall be related