Tax collection on net value: e commerce sellers adjust returns by reducing aggregate taxable supplies value. An e commerce company must collect tax only on the net value of its taxable supplies; the value of returned goods is deducted from the aggregate taxable supplies so tax is remitted only on net taxable supplies rather than on gross sales prior to returns.
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Provisions expressly mentioned in the judgment/order text.
Tax collection on net value: e commerce sellers adjust returns by reducing aggregate taxable supplies value.
An e commerce company must collect tax only on the net value of its taxable supplies; the value of returned goods is deducted from the aggregate taxable supplies so tax is remitted only on net taxable supplies rather than on gross sales prior to returns.
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