value added tax definition

value added tax means value added tax charged in accordance with the Value Added Tax Act 1994.
value added tax means value added tax as provided for in the Value Added Tax Xxx 0000, and any tax similar or equivalent to value added tax or any turnover tax replacing or introduced in addition to them, and "VAT" shall be construed accordingly;
value added tax means value added tax as provided for in the Value Added Tax Act 1994 and any other applicable sales tax.

Examples of value added tax in a sentence

  • Where under this contract one party is to reimburse or indemnify the other in respect of any payment made or cost incurred by the other, the first party shall also reimburse any VAT paid by the other which forms part of its payment made or cost incurred to the extent such VAT is not available for credit for the other party (or for any person with whom the indemnified party is treated as a member of a group for VAT purposes) under sections 25 and 26 of the Value Added Tax Act 1994.

  • The prices are understood and shall be p a i d in CHF for delivery “ex works” Widnau (Incoterms 2010), excluding packaging and Value Added Tax.


More Definitions of value added tax

value added tax or “VAT” means the value added tax chargeable under the provisions of the Value Added Tax Act 1972 (as amended) or any tax on the supply of goods and or services which may hereafter replace or supplement value added tax;
value added tax or “VAT” means the tax defined by the Value Added Tax Act 1994;
value added tax or “VAT” means (1) value added tax as provided for in the Value Added Tax Xxx 0000 and legislation (whether delegated or otherwise) supplemental thereto or in any primary or secondary legislation promulgated by the European Communities or any official body or agency of the European Communities and (2) the Belgian equivalent thereof and (3) any similar sales, consumption or turnover Tax replacing or introduced in addition to the foregoing (or any part thereof);
value added tax means value added tax within the meaning of the Value Added Tax Act 1994, and "VAT" shall be construed accordingly; and
value added tax. (or "VAT") means, and shall be construed as, a reference to value added tax including any similar tax which may be imposed in place thereof from time to time.
value added tax means the value added tax chargeable under the Value Added Tax Act.
value added tax means value added tax charged under the Value Added Tax Xxx 0000 and shall include any interest fine penalty or surcharge in respect of value added tax charged.