Excise duty
Term · Logistics and supply chain · MLC-T-LOG-000106
A tax levied on certain goods produced or sold within a country. This indirect tax is often applied to specific products like alcohol, tobacco, or fuel, and is included in the final price paid by the consumer. Governments impose excise duties to generate revenue or to discourage consumption of particular items.
| Identifier | MLC-T-LOG-000106 |
|---|---|
| Field | Logistics and supply chain |
Record as JSON
{
"id": "MLC-T-LOG-000106",
"term": "Excise duty",
"field": "Logistics and supply chain",
"definition": "A tax levied on certain goods produced or sold within a country. This indirect tax is often applied to specific products like alcohol, tobacco, or fuel, and is included in the final price paid by the consumer. Governments impose excise duties to generate revenue or to discourage consumption of particular items.",
"url": "https://mlchart.com/terminology/logistics/excise-duty/"
}
Record 115 of 256 in Logistics and supply chain terminology (MLC-0105). Request the full dataset.