Excise goods and excise duty

Excise goods and excise duty

Goods such as wine, spirits, cigars, cigarettes, tobacco, petrol and mineral oils are subject to excise duty. These are known as . Excise duty is charged on excise goods imported into the UK for a commercial purpose, whether you acquire these goods from within the European Union (EU) or from outside. Excise duty on most excise goods is based on the quantity of a product, rather than its actual value. Exceptions to this rule include…

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