VAT Unit definition

VAT Unit means the unit within the Recipient’s Ministry of Finance, and responsible for administration of the Value Added Tax.

Examples of VAT Unit in a sentence

  • The tenderer commits to performing the public contract in accordance with the provisions of the Tender Specifications for the following prices, given in euros and exclusive of VAT: Unit Unit price incl.

  • The Borrower: (a) through its Parliament, has enacted the Value Added Tax Act, and said Act is in full force and effect; (b) has made the VAT Unit functional with adequate staffing and resources; and (c) has issued the regulations to the Value Added Tax Act.

  • Unit A1: £9,750 per annum exclusive Unit A2: £8,500 per annum exclusive Unit A1: £97,500 plus VAT Unit A2: £85,000 plus VAT Each party is to be responsible for their own legal costs incurred in the transaction.