Term providing ‘sums payable are . . exclusive of VAT’ meant that if the transaction was to be VATable, then VAT was payable in addition to the purchase price. Though badly drafted the clause had to be read with some meaning, it was not merely descriptive.
Citations:
Times 05-Jan-1999
Jurisdiction:
England and Wales
Contract
Updated: 06 August 2022; Ref: scu.81481
