excise tax

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Related to Excise duty: Custom duty
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.excise tax - a tax that is measured by the amount of business done (not on property or income from real estate)excise tax - a tax that is measured by the amount of business done (not on property or income from real estate)
indirect tax - a tax levied on goods or services rather than on persons or organizations
nuisance tax, sales tax - a tax based on the cost of the item purchased and collected directly from the buyer
ad valorem tax, value-added tax, VAT - a tax levied on the difference between a commodity's price before taxes and its cost of production
gasoline tax - a tax on every gallon of gasoline sold
References in classic literature ?
He disliked the Excise duty, so he called it "A hateful tax levied by wretches hired by those to whom excise is paid.
The spurt in rates, caused by the rally in international oil prices, has led to the oil ministry asking the finance ministry for a cut in excise duty in the Union Budget 2018-19, to be presented in Parliament next week.
Authority will also give detailed instructions on its website by the end of this week for list of stock and for import of gas after amendments to Law on Excise Duty in BiH start being implemented.
Expensive cigarettes may become cheaper as their excise duty becomes lower.
76 billion income tax, Rs 40 million as federal excise duty and Rs 3.
Dubai Duty Free said departing and arriving passengers will pay excise duty on carbonated drinks and energy drinks in line with the Federal Tax Authority guidelines.
Asked about the impact of the excise tax on sales, DDF said in its statement, "We forecast that there may be some impact on consumption due to the increase in excise duty on carbonated and energy drinks as predicted by the Federal Tax Authority.
The finance minister of Bangladesh, AMA Muhit has said that the excise duty on bank accounts would not affect the poor.
He said that the current rate of federal excise duty on aerated water is 10.
Justifying the government's decision to hike excise duty on petro products when their prices were low, Pradhan said, " Today, I am assuring this House that if there is a spectacular hike in the prices of crude oil, the government may decide to pass on this benefit of increase in excise duty to consumers.
The excise duty on 1000 cigarettes of JPGL variety (Gold Leaf) has been increased from Rs 21,610 to Rs 23,750 by Rs 2,140.