such as petrol, alcohol, cigarettes or airline tickets. Excise tax is charged when a product or service has an unintended consequence that should be accounted for but is not reflected in the price of the item. For example, an excise tax on petrol is an attempt to decrease traffic congestion...
Excise taxes are a type of tax charged for specific goods and services, such as alcohol, tobacco, fuel, and airline tickets.
such as petrol, alcohol, cigarettes or airline tickets. Excise tax is charged when a product or service has an unintended consequence that should be accounted for but is not reflected in the price of the item. For example, an excise tax on petrol is an attempt to decrease traffic congestion...