excisable


Also found in: Legal.

ex·cis·a·ble

 (ĭk-sī′zə-bəl)
adj.
Subject to an excise: excisable commodities.

excisable

(ɪkˈsaɪzəbəl)
adj
(Government, Politics & Diplomacy) liable to an excise tax

excisable

(ɪkˈsaɪzəbəl)
adj
suitable for deletion

ex•cis•a•ble

(ˈɛk saɪ zə bəl, ɪkˈsaɪ-)

adj.
subject to excise.
[1680–90]
Translations

excisable

[ekˈsaɪzəbl] ADJtasable

excisable

excisable

[ɪkˈsaɪzəbl] adjsoggetto/a a dazio
References in classic literature ?
Excisable articles were remarkably cheap at all the public-houses; and spring vans paraded the streets for the accommodation of voters who were seized with any temporary dizziness in the head--an epidemic which prevailed among the electors, during the contest, to a most alarming extent, and under the influence of which they might frequently be seen lying on the pavements in a state of utter insensibility.
At the initiative of the Ministry of Finance and the State Tax Service of Ukraine it is offered to do a few steps to liberalize the taxation of small and medium businesses, as well as to strengthen control over the sale of excisable goods and securities market.
The Tax Service met the challenge and prevailed in full volume of collecting income tax, excise tax on excisable goods imported into Ukraine's customs territory, royalties for natural gas produced in Ukraine, and part of the net income of state enterprises transferred to the budget, etc.
Omtatah had accused Njiraini of abusing the law by directly procuring the services of SICPA Securities- a Switzerland based firm with a branch in Kenya, to oversee the implementation of Excisable goods, Management Systems (EGMS) at a cost of Sh15 billion.
Since prices of excisable products are growing as expected, the only reason for higher overall inflation is a combination of higher global crude price, the peso's depreciation, and profiteering,' Chua said.
The BIR strike team, meanwhile, would "act as lead and point coordinator for all BIR enforcement activities on smuggled articles and locally manufactured counterfeit excisable products," Dulay said.
The BIR chief said the team 'would act as lead and point coordinator for all BIR enforcement activities on smuggled articles and locally manufactured counterfeit excisable products.
The BIR strike team would] act as lead and point coordinator for all BIR enforcement activities on smuggled articles and locally manufactured counterfeit excisable products,' Dulay said.
They noted that payroll tax was set to pull down revenue collection while the decision barring the KRA to effect the Excisable Goods Management System (EGMS) stamps on products, including bottled water from last November would deny the taxman additional revenues.
A good example of such is cutting the list of excisable goods in 2017 and decreasing the rates for some commodity items.
All businesses registered for Excise Tax must pay the due tax on excisable goods (50 per cent on carbonated drinks, 100 per cent on tobacco products and energy drinks).
The governments need to keep a watchful eye on illicit trade in the region which could very well lead to the unregulated tobacco products entering the market and providing lucrative incentive for illegal traders to counterfeit and smuggle excisable goods which can have detrimental effects on a government's objectives.