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Terms vs Vatable - What's the difference?

terms | vatable |

As a noun terms

is .

As an adjective vatable is

on which vat must be paid.

terms

English

Noun

(head)
  • Statistics

    * ----

    vatable

    English

    Adjective

    (-)
  • On which VAT must be paid.
  • You will be invoiced for everything — first for the non-vatable items and later for the vatable items.