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Excise Duty
Excise Duty
Excise Duty
Excise Duty
Excise Duty

The following information is about Excise Duty.

Excise Duty Defined

A tax on goods such as alcohol or tobacco produced and sold within a particular country.

This definition is in context to Business. See more contextual defintions for Excise Duty.


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Indian shares rise by over 5% on hopes of interest rate cuts

Published December 4, 2008, 1:32 pm, Gulf Times

NEW DELHI: Indian share indices rose by about 5% yesterday on expectations that the country’s federal bank would cut interest rates as the inflation rate lowered further.

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The alcohol beverage sector may face another excise tax increase in 2009, causing concern among alcohol producers

Published December 4, 2008, 7:47 am, Warsaw Business Journal

Polish government has announced that it will raise excise tax on alcohol in 2009, shocking the alcohol beverage sector. Under the new law, excise duty for alcohol beverages will grow by 16 percent for wine, 13 percent for beer and 10 percent for vodka.

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'Bootlegger' who netted ?10m from Manchester moonshine factory is jailed

Published December 4, 2008, 6:29 am, Daily Mail

A scientist raked in more than ?10million to fund a life of luxury after he secretly set up an illegal distillery. Chemist Mridyul Das used the expertise he gained while working at a pharmaceutical company.

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New car sales plummet again

Published December 4, 2008, 5:43 am, Daily Telegraph

New car sales have plummeted falling by more than a third over the past year.

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(AFX UK Focus) 2008-12-04 07:42 UPDATE 2-India to cut rates, launch stimulus to preserve growth

Published December 4, 2008, 12:05 am, Interactive Investor

By Surojit Gupta

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UPDATE 2-India to cut rates, launch stimulus to preserve growth

Published December 3, 2008, 11:46 pm, The Forex Market

NEW DELHI, Dec 4 (Reuters) - Indian authorities are expected to cut interest rates soon and take steps to galvanise economic activity after last week's bloody attacks which dealt a further blow to an economy already decelerating in the global slowdown.

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Parliamentary panel suggests parity for healthcare establishments in and outside SEZs

Published December 3, 2008, 6:50 pm, PharmaBiz

The Parliamentary Standing Committee on Health has called for some parity between the healthcare establishments, units in the excise-free zones and outside the zones by extending tax exemptions to establishments in the remote and backward rural areas.

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FED on cigarettes to be raised

Published December 3, 2008, 3:59 pm, Business Recorder

ISLAMABAD (December 04 2008): Pakistan has agreed with International Monitory Fund (IMF) to raise federal excise duty (FED) on cigarettes, and to fully implement value-added tax (VAT) law, with minimum exemptions of sales tax and income tax for substantial increase in revenue collection.

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ASC Fine Wines opens Hong Kong office

Published December 3, 2008, 12:38 pm, Decanter.com

ASC Fine Wines, China's leading importer of fine wines, has opened a Hong Kong office.

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Coalition feud sparks flurry of online reaction

Published December 3, 2008, 9:31 am, CTV Winnipeg

The unprecedented crisis in Ottawa appears to be making more than just political history. It's also thrusting Canadians into the brave new world of virtual campaigning.

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Off-site Excise Duty Links, User Submitted

The following links have been collected through user bookmark submission in the Excise Duty category. Please note, because these resources are off-site we cannot guarantee the accuracy or quality of any information.

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  • HM Revenue & Customs: Alternative Form Of Record Keeping (7) You may instead maintain records in another form and manner not covered under the terms of directions (1) to (6) above, (for example by electronic means) that the Commissioners are satisfied achieves the same effect. If you use a till you must retain all till rolls.

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  • Backbench Murmurs Over Vehicle Excise Duty: Alistair Darling, the Chancellor of the Exchequer, is facing a fresh backlash by Labour MPs over his Budget plans to increase the vehicle excise duty of more polluting cars.

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