excisable (Meaning)
Webster
excisable (a.)
Liable or subject to excise; as, tobacco in an excisable commodity.
Synonyms & Antonyms of excisable
No Synonyms and anytonyms found
excisable Sentence Examples
- Excisable goods are those that are subject to an excise tax, such as tobacco products, alcohol, and gasoline.
- The excisable value of goods is the price paid for them, excluding any excise duty that may be payable.
- Excisable duties are levied on goods for the following reasons: to raise revenue, to protect certain industries, or to discourage the consumption of harmful products.
- The manufacture of excisable goods is often subject to strict regulation and licensing requirements.
- Excisable goods must be properly labeled and marked in order to comply with the law.
- The sale of excisable goods is often restricted to authorized retailers.
- The possession of excisable goods without proper documentation may lead to penalties.
- The smuggling of excisable goods is a serious offense that can result in heavy fines and imprisonment.
- Excisable goods are often used as a source of revenue for governments, as they can generate significant tax revenue.
- Excisable goods can also be used to control the consumption of certain products, such as tobacco and alcohol, by making them more expensive.
FAQs About the word excisable
Liable or subject to excise; as, tobacco in an excisable commodity.
No synonyms found.
No antonyms found.
Excisable goods are those that are subject to an excise tax, such as tobacco products, alcohol, and gasoline.
The excisable value of goods is the price paid for them, excluding any excise duty that may be payable.
Excisable duties are levied on goods for the following reasons: to raise revenue, to protect certain industries, or to discourage the consumption of harmful products.
The manufacture of excisable goods is often subject to strict regulation and licensing requirements.
