excise duty

noun [C or U] UK (US excise tax) TAX

Definition

› a tax on some types of goods such as alcohol, cigarettes, or petrol paid to a national or state government: excise duty/tax on sth a 5% excise duty on cigarettes Motorists can save about two thirds of the vehicle excise duty by choosing a cleaner car. Spending on the program will be paid for by raising the federal excise tax on tobacco.

(Definition of excise duty noun from the Cambridge Business English Dictionary © Cambridge University Press)