Common use of VAT and Taxes Clause in Contracts

VAT and Taxes. 1 VAT: All amounts referred to in the Agreement are exclusive of VAT. The VAT treatment of the supply of Certificates under an Individual Contract shall be determined pursuant to the VAT Laws of the jurisdiction where a taxable transaction for VAT purposes is deemed to take place. If VAT is payable on any such amounts, the Buyer shall pay to the Seller an amount equal to the VAT at the rate applicable from time to time, provided that such amount shall only be required to be paid once the Seller provides the Buyer with a valid VAT invoice (applicable in the jurisdiction of supply) in relation to that amount. Where, in accordance with EU and/or national Law, any supplies under an Individual Contract may be Zero-Rated and/or subject to the reverse charge in accordance with Articles 44, 196 or 199a of Council Directive 2006/112/EC, the following shall apply:

VAT and Taxes. 1 VAT: All amounts referred to in the Agreement are exclusive of VAT. The VAT treatment of the supply of Certificates under an Individual Contract shall be determined pursuant to the VAT Laws of the jurisdiction where a taxable transaction for VAT purposes is deemed to take place. If VAT is payable on any such amounts, the Buyer shall pay to the Seller an amount equal to the VAT at the rate applicable from time to time, provided that such amount shall only be required to be paid once the Seller provides the Buyer with a valid VAT invoice (applicable in the jurisdiction of supply) in relation to that amount. Where, in accordance with EU and/or national Law, any supplies under an Individual Contract may be Zero-Rated and/or subject to the reverse charge in accordance with Articles 44, 196 or 199a of Council Directive 2006/112/EC, the following shall apply:

VAT and Taxes. 1 1. VAT: All amounts referred to in the this General Agreement are exclusive of VAT. The VAT treatment of the supply of Certificates Natural Gas under an Individual Contract shall be determined pursuant to the VAT Laws laws of the jurisdiction where a taxable transaction for VAT purposes is deemed to take place. If VAT is payable on any such amounts, the Buyer shall pay to the Seller an amount equal to the VAT at the rate applicable from time to time, ; provided that such amount shall only be required to be paid once the Seller provides the Buyer with a valid VAT invoice (applicable in the jurisdiction of supply) in relation to that amount. Where, in accordance with EU and/or national Lawlegislation, any supplies under an Individual Contract may be Zero-Rated and/or subject to the reverse charge in accordance with Articles 4438, 196 39 or 199a 195 of Council Directive 2006/112/EC, the following shall apply: