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An excise is a tax on

User Dayshaun
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User Flowkap
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Answer:

An excise is a tax on commodities and goods produced or sold only within a country.

Step-by-step explanation:

An excise is a type of tax that are imposed only on commodities, goods or any manufacture products sold only within a country.

These taxes are only applied to goods that are not necessary for survival; the type of goods that are in need of reduction in consumption.

Excise tax or sometimes known as "sin tax" adds up to increase the price of a certain product to reduce the amount of consumption.

This applies to any alcoholic beverages, firearms, tobaccos, airfares and gambling services and more.

You'll see it added through sales tax or Value-added tax (VAT) in any receipts you get after purchase.

User Asher Johnson
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