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What is the turnover declared by industry and commerce?
The turnover declared by industry and commerce shall be truthfully filled in according to the income obtained from selling products and providing services in the previous fiscal year after deducting relevant taxes and fees, and declared in units of ten thousand.

Turnover refers to the total price and extra-price expenses charged by taxpayers to the other party for providing taxable services, transferring intangible assets or selling real estate. Out-of-price charges include fees, funds, collection fees, collection funds, prepaid funds and other out-of-price charges of various nature. The turnover of transport logistics enterprises engaged in combined transport business is the actual turnover.

Detailed instructions for accurately reporting turnover include:

1. Determine the filing time: the enterprise shall complete the filing of the annual report within the specified time, generally from 1 to 1 on June 30th every year.

2. Collect necessary data: Enterprises need to collect sales and financial data of the last fiscal year, including but not limited to sales revenue, service revenue, taxes and additional fees.

3. Calculate the turnover: according to the collected data, calculate the net turnover after deducting taxes and fees.

4. Fill in the annual report: In the industrial and commercial annual report system, accurately fill in the turnover information of the enterprise and ensure the truthfulness and completeness of other relevant information.

5. Submit the annual report: submit the annual report after confirming all the information is correct, and save the receipt or record of successful submission.

To sum up, the turnover declared by industry and commerce should be accurately declared according to the actual operation of the enterprise in the previous fiscal year.

Legal basis:

Provisional Regulations on enterprise information publicity

Article 15

The administrative department for industry and commerce shall, in accordance with the law, conduct spot checks on the information publicized by enterprises or verify it according to the report. Enterprises should cooperate, accept inquiries and investigations, truthfully reflect the situation and provide relevant materials. The administrative department for industry and commerce shall publicize the seriously uncooperative enterprises through the enterprise credit information publicity system.