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Meaning of excise tax

Source language: EnglishDictionary language: English

excise

Pronunciation:/ˈɛkˌsaɪz//ˈɛkˌsaɪz/

noun

Definitions

  1. A tax charged on goods produced within the country (as opposed to customs duties, charged on goods from outside the country).

verb

Definitions

  1. To impose an excise tax on something.