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On Excise Duty on Oil

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  • excise duty — A UK duty charged on both UK produced and imported goods. Goods subject to excise duty include beer, wine, spirits and other alcoholic drinks; hydrocarbon oils (including fuel oil)}}; and tobacco goods. The rate of duty is set separately for each …   Financial and business terms

  • Excise — or Excise tax (sometimes called an excise duty), is a type of tax charged on goods produced within the country (as opposed to customs duties, charged on goods from outside the country).Typical examples of excise duties are taxes on tobacco,… …   Wikipedia

  • excise warehouse — A warehouse authorised by HMRC for the deposit, without payment of duty, of goods liable to excise duty. There are special requirements for premises for the storage of oil. HM Customs & Revenue Glossary …   Financial and business terms

  • rebated oil — Oil which has been delivered for home use on allowance of a rebate of excise duty under the Hydrocarbon Oil Duties Act 1979, sections 11 and 14. HM Customs & Revenue Glossary …   Financial and business terms

  • Vegetable oil used as fuel — For engines designed to burn #2 diesel fuel, the viscosity of vegetable oil must be lowered to allow for proper atomization of fuel, otherwise incomplete combustion and carbon build up will ultimately damage the engine. Many enthusiasts refer to… …   Wikipedia

  • Customs and Excise Department (Hong Kong) — Customs and Excise Department 香港海關 heung1gong2 hoi2gwaan1 Agency overview Formed 1909 …   Wikipedia

  • Hydrocarbon oil duty — is the name given to the excise duty levied on oils (mainly road vehicle fuels) in the United Kingdom. It is also commonly known as fuel duty and fuel tax.The current rates payable for the various types of oil are available online [http://customs …   Wikipedia

  • Indian Oil Corporation — For the American based oil company, see Indian Refining Company. Indian Oil Corporation Limited Type State owned enterprise Public company Traded as BSE:  …   Wikipedia

  • Customs Excise and Preventive Service — The Customs Excise and Preventive Service (CEPS) is the Government of Ghana agency responsible for the monitoring, regulation and inspection of exports into Ghana.[1] History The service was established in 1839 and was under the jurisdiction of… …   Wikipedia

  • Fuel tax — Taxation An aspect of fiscal policy …   Wikipedia

  • Motoring taxation in the United Kingdom — Taxation in the United Kingdom This article is part of the series: Politics and government of the United Kingdom Central government HM Treasury HM Revenue and Customs Income tax …   Wikipedia

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