Excise Department Meaning In English

Excise Department Meaning In English The Australian Taxation Office describes an excise as quot a tax levied on certain types of goods produced or manufactured in Australia These include alcohol tobacco and petroleum and alternative fuels quot In Australia the meaning of quot excise quot is not merely academic but has been the subject of numerous court cases The High Court of Australia has repeatedly he

The meaning of EXCISE is an internal tax levied on the manufacture sale or consumption of a commodity How to use excise in a sentence Did you know Excise is a tax that the government of a country puts on particular goods such as cigarettes and alcoholic drinks which are produced for sale in its own country this year s rise in excise duties

Excise Department Meaning In English

Excise Department Meaning In English

Excise Department Meaning In English
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An excise or excise tax is any duty on manufactured goods that is levied at the moment of manufacture rather than at sale Excises are often associated with customs duties which are An internal tax or duty on certain commodities as liquor or tobacco levied on their manufacture sale or consumption within the country British the branch of the civil service that collects

From Longman Business Dictionary ex cise eksa z noun countable uncountable 1 a government tax that is charged on certain goods that are sold in the country for example Excise duty is a tax levied on domestically produced goods Read more about its types steps to pay excise duty the difference between custom duty and Excise Duty

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There are eight meanings listed in OED s entry for the noun excise See Meaning amp use for definitions usage and quotation evidence EXCISE definition government taxes that must be paid on some things that are made or sold in a particular country Learn more

While HM Revenue of Excise was a phrase used in early legislation to refer to this form of duty the body tasked with its collection and general administration was usually known as the Excise Customs and Excise meaning 1 the former name for the UK government department that collects taxes especially on goods Learn more

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Excise Department Meaning In English - Excise duty is a tax levied on domestically produced goods Read more about its types steps to pay excise duty the difference between custom duty and Excise Duty