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excise duty

What Are Excise Goods UK?

January 24, 2024 by Ahmed Ali

What Are Excise Goods UK? Excise goods are goods on which UK excise duty is chargeable on importation or production in the UK and will be payable at the time the goods are released for consumption in the UK. … Excise goods include: beer, wine, spirits and other alcohol products. cigarettes and other tobacco products.

Categories Finance and Business Tags excise, excise duties, excise duty, excise goods, excise tax

What Are The Types Of Excise Duties?

January 24, 2024 by Ahmed Ali

What Are The Types Of Excise Duties? Tax rate: The rates applicable to excise duty are specified as per the central excise tariff rules. At the moment, excise duty is charged at 12.36% but it varies based on the kind of products. GST, on the other hand, has standard rates at 0%, 5%, 12%, 18%,

Categories Finance and Business Tags excise duty, excise tax, excise taxes, sales tax, tax

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