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<h1>Definition of 'Net Value of Taxable Supplies' Explained: Calculation and Adjustments for E-Commerce Operators</h1> The 'net value of taxable supplies' refers to the total value of taxable goods or services provided by all registered persons through an e-commerce operator within a month, excluding services where the e-commerce operator pays the entire tax. This value is adjusted by subtracting the total value of taxable supplies returned to the suppliers during the same month.