VAT definition

VAT means value added tax.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

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

For clarification, Rental shall not include Value Added Tax (VAT) (“Rental”).
If VAT is chargeable on any supply made by any Finance Party to any party in connection with an Operative Document, that party shall pay to the Lender (in addition to and at the same time as paying the consideration) an amount equal to the amount of the VAT.
Where a sum (a “Relevant Sum”) is paid or reimbursed to the Underwriters pursuant to this Agreement in respect of any cost, expense or other amount and that cost, expense or other amount includes an amount in respect of irrecoverable VAT (the “VAT Element”) which has been certified as such by the Underwriters (acting reasonably), then the Company, to the extent applicable, shall, in addition, pay an amount equal to the VAT Element to the Underwriters.
Notwithstanding anything to the contrary in this Section 8.7, all amounts payable under this Agreement which (in whole or in part) constitute the consideration for any supply for VAT purposes are deemed to be exclusive of Indirect Taxes (if any).
For formalization of Trust Agreement, the amount of Eighty thousand pesos 00/100 legal tender of the United Mexican States (MXP$80,000.00) plus VAT, due in a single installment, prior on the date of execution of the Trust and provided the Trust Agreement draft is delivered to Trustee by customer directly or through its legal counsel.

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 and any sales or turnover tax, imposition or levy of a like nature;