VAT definition

VAT means value added tax in accordance with the provisions of the Value Added Tax Act 1994.
VAT means value added tax as provided for in the Value Added Tax Act 1994 and any other tax of a similar nature.
VAT means Value Added Tax

Examples of VAT in a sentence

  • This is a non-refundable charge and includes VAT at the rate shown.

  • Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

  • For this purpose, all bidders shall be required to include in their bids the cost of all taxes, such as, but not limited to, value added tax (VAT), income tax, local taxes, and other fiscal levies and duties which shall be itemized in the bid form and reflected in the detailed estimates.

  • VAT If you are able to reclaim VAT from HMRC, please exclude VAT from the figures given in this project costs section and Annex A.

  • VAT payable is included as an expense only to the extent that it is not recoverable from Her Majesty’s Revenue and Customs.

More Definitions of VAT

VAT means (a) any tax imposed in compliance with the Council Directive of 28 November 2006 on the common system of value added tax (EC Directive 2006/112); and (b) any other tax of a similar nature, whether imposed in a member state of the European Union in substitution for, or levied in addition to, such tax referred to in clause (a) above, or imposed elsewhere.
VAT means Value-Added Tax defined and levied in terms of the Value-Added Tax Act (89 of 1991) and unless stated to the contrary, all amounts quoted in this Agreement are quoted exclusive of VAT.
VAT means value added tax.
VAT means Value-Added Tax chargeable in terms of the VAT Act, 89 of 1991, as may be amended from time to time; and
VAT means value added tax charged or regulated in accordance with the provisions of the Value Added Tax Act 1994.
VAT means Value Added Tax.
VAT means value added tax;