Jul 05, 2024
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What is meant by “net value of taxable supplies”?
The “net value of taxable supplies” means the aggregate value of taxable supplies of goods or services or both, other than the services on which entire tax is payable by the e-commerce operator, made during any month by all registered persons through such operator reduced by the aggregate value of taxable supplies returned to the suppliers during the said month.
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taxablepayablenet-valuesuppliesservicese-commerce-operatorvalueaggregate