What is Excise Duty?

What is Excise Duty is a common question. Certain goods such as wines, spirits, cigars, cigarettes and tobacco are subject to what is called Excise Duty. When you buy Excisable goods in the UK the price you pay includes this tax. However, if you import these goods either from the EU or from outside the EU, you will have to pay Excise Duty and VAT on them. The Excise Duty is often more than the cost of the goods, and private consumers buying Excisable goods over the Internet should be extremely careful as there are different regulations governing the purchase of these goods on the Internet.

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