VAT definition

VAT means value added tax.
VAT means Value Added Tax
VAT means value added tax and any other tax of a similar nature.

Examples of VAT in a sentence

  • All prices are quoted exclusive of VAT Payment Invoices are to be paid within 30 days from the invoice date.

  • Losses Any losses, liabilities, costs (including without limitation legal costs and experts’ and consultants’ fees), charges, expenses, actions, proceedings, claims and demands (including any amounts in respect of VAT thereon); Personal data The same meaning as set out in data protection legislation.

  • C.7 The Contractor shall indemnify Pegasys on a continuing basis against any liability, including any interest, penalties or costs incurred, which is levied, demanded, or assessed on Pegasys at any time (whether before or after making a demand pursuant to the indemnity hereunder) in respect of the Contractor’s failure to account for or to pay any VAT relating to payments made to the Contractor under this Agreement and/or any Call Down Contract.

  • C.5 The funding provided is a grant, and Pegasys shall not be liable for any VAT or other tax claimed by the Contractor.

  • In respect of any eligible expenses which include VAT, the Contractor may not claim the VAT portion of the expense from Pegasys unless it is unable to claim the input credit.


More Definitions of VAT

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 in accordance with the provisions of the Value Added Tax Act 1994.
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 paragraph (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 chargeable in terms of the VAT Act, 89 of 1991, as may be amended from time to time; and
VAT means Value Added Tax payable in terms of the VAT Act;
VAT means value added tax levied in terms of the Value Added Tax Act 89 of 1991.