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What do you mean by 'Net Value of Taxable Suppl...

What do you mean by 'Net Value of Taxable Supplies?

What do you mean by 'Net Value of Taxable Supplies?

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Jeeba Lal Aug. 30, 2018

The net value of taxable supplies is the aggregate value of taxable supplies of goods or services, except services notified under Section 9(5), made during any month by all registered taxable persons through the operator. The aggregate value of taxable supplies returned to the suppliers during the period shall be deducted from the aggregate supplies.

What do you mean by 'Net Value of Taxable Supplies?

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