This English term can be transliterated into Tagalog as ékssays.
An excise, or excise tax, is any duty on manufactured goods that is levied at the moment of manufacture rather than at sale.
Excises are often associated with customs duties (which are levied on pre-existing goods when they cross a designated border in a specific direction).
Customs are levied on goods that become taxable items at the border, while excise is levied on goods that came into existence inland.
MGA KAHULUGAN SA TAGALOG
1. panloob na buwis na ipinapatong sa paggawâ, pagbebenta, o pagkonsumo ng produkto
2. alinman sa mga buwis ukol sa mga pribilehiyo na kalimitan ay itinuturing na isang anyo ng lisensiya
