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Legal Terms - Excise duty
A fee or levy imposed on specific items produced and consumed within the UK, as contrast to customs duty, which applies to imported goods. Excise duty is possibly the most ancient tax in the UK. Frecknall-Hughes contends that the insurrection led by Boudicca in AD 60 was in opposition to the excise tax imposed by the Roman authority. Excise duty is levied not just on produced commodities but also on licenses, including those necessary for firearm possession, game dealing, and the selling of beer, wine, and spirits.
A fee or levy imposed on specific items produced and consumed within the UK, as contrast to customs duty, which applies to imported goods. Excise duty is possibly the most ancient tax in the UK. Frecknall-Hughes contends that the insurrection led by Boudicca in AD 60 was in opposition to the excise tax imposed by the Roman authority. Excise duty is levied not just on produced commodities but also on licenses, including those necessary for firearm possession, game dealing, and the selling of beer, wine, and spirits.
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