VAT definition

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

Examples of VAT in a sentence

  • Lessee will pay to Lessor or the relevant tax authority (as applicable) the amount of any VAT chargeable in respect of any supply for VAT purposes under such Transaction Document.

  • Where SpinCo is obligated under this Agreement to reimburse Service Provider for any fee, cost, charge or expense, the amount which SpinCo is required to pay in respect of such matter shall include any VAT incurred by Service Provider (or any member of a group to which Service Provider belongs for VAT purposes).

  • Each amount stated as payable under any Transaction Document is exclusive of VAT (if any) and is accordingly to be construed as a reference to that amount plus any VAT in respect of it.

  • Lessee shall provide evidence to the Lessor in respect of payment of any such VAT.

  • In the event that the competent fiscal authorities are of a different opinion, then the Purchase Price shall be net of VAT, i.e. shall not include VAT.


More Definitions of VAT

VAT means value added tax chargeable under the Value Added Tax Act 1994 or any similar, replacement or extra tax.
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 as levied under the Value Added Tax Act, No. 89 of 1991 (as amended).
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;