The term "VATable" refers to any goods or services that are subject to Value-Added Tax (VAT) in a particular country or jurisdiction. Synonyms for this word include "taxable," "leviable," and "imposable." Other related terms include "taxable supplies," which refer to goods or services that are subject to VAT, and "VAT-registered," which pertains to businesses that are required to register for VAT in order to charge and collect VAT from their customers. Understanding such terms is critical for businesses and individuals that operate in regions where VAT is applicable to avoid penalties and legal issues related to non-compliance with VAT regulations.