FDA Approves Epigenomics' Blood-Based Colorectal Cancer Screening Test. NEW YORK (GenomeWeb) â Epigenomics announced today that the US Food and Drug Administration has approved the company's blood-based colorectal cancer screening test Epi proColon.
Tax definition, a sum of money demanded by a government for its support or for specific facilities or services, levied upon incomes, property, sales, etc. See more.
VAT means Value Added Tax and is a sales tax charged in the EU and is normally included in the end-consumer retail price. Companies registered for VAT don't pay it on items an â¦ d services purchased, but charge it on sold products and services and hand it up to the authorities.onfidence votes 467. Net means after deductions, VAT is a form of tax, 17.5% in the UK. Net VAT should therefore mean before the VAT is added, as NET is the smaller amount, Gross is the larger.