- In inland duty or impost operating as an indirect tax on
the consumer, levied upon certain specified articles, as, tobacco, ale,
spirits, etc., grown or manufactured in the country. It is also levied
to pursue certain trades and deal in certain commodities. Certain
direct taxes (as, in England, those on carriages, servants, plate,
armorial bearings, etc.), are included in the excise. Often used
adjectively; as, excise duties; excise law; excise system. - That department or bureau of the public service charged
with the collection of the excise taxes.
2 . Excise
[ v. t.]
- To lay or impose an excise upon. - To impose upon; to overcharge. - To cut out or off; to separate and remove; as, to excise
a tumor.
Meaning of 'excise' (Princeton's WordNet)
1 . excise
[ v]
Meaning (1): - remove by erasing or crossing out or as if by drawing a line
Excise Tax Excise Tax is an indirect tax charged for the sale or use of particular items. This is also an inland tax that is imposed on specific goods and services.
Excise duties Excise duties are duties levied on items manufactured within the country and paid by the manufacturer.