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you can use excise in a sentence like if you excise that irrelevant remark you will improve your essay or the excise imposed on such potentially dangerous products as tobacco and alcohol have skyrocketed.
Congress levied an excise tax on tobacco products.
The surgeons will try to excise the tumor.
Wiki User
∙ 12y ago
Wiki User
∙ 10y agoThe doctor decided to excise some of the dead tissue around the wound.
The state charged an excise tax on all mining operations.
Wiki User
∙ 12y agoCongress levied an excise tax on tobacco products.
The surgeons will try to excise the tumor.
Wiki User
∙ 13y agoI had the dermatologist excise a cyst on my wrist.
The excise tax is collected as part of retail gasoline sales in the US.
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The surgeon carefully excised the tumor from the left side of the man's head.
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Forms of excise payment?
Use GAR 7 Challan
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What is MODVAT?
Modvat stands for "Modified Value Added Tax". It is a scheme for allowing relief to final manufacturers on the excise duty borne by their suppliers in respect of goods manufactured by them. eg ABC Ltd is a manufacturer and it purchases certain components from PQR Ltd for use in manufacture. POR Ltd would have paid excise duty on components manufactured by it and it would have recovered that excise duty in its sales price from ABC Ltd. Now, ABC Ltd has to pay excise duty on toys manufactured by it as well as bear the excise duty paid by its supplier, PQR Ltd. This amounts to multiple taxation. Modvat is a scheme where ABC Ltd can take credit for excise duty paid by PQR Ltd so that lower excise duty is payable by ABC Ltd.
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