Excise duty is an indirect tax. That means the tax amount is included as part of the selling price. Excise duty, also known as excise tax, is ultimately passed on and paid by the consumer when he ...

I'm curious about excise tax. Why does Massachusetts have this? This "extra" tax is supposed to go to our roads here in the Commonwealth, but does it really? Roads in our cities and towns are a ...

While both types of duties generate revenue for the exchequer, the main purpose of excise duties is to achieve certain social or economic objectives and to protect domestic industries from foreign ...