Excise Stamp - Usage

Usage

Excise stamps are most commonly found on tobacco and alcohol products, which reach the consumer in neatly packaged units (namely packets and bottles) to which the adhesive stamp is easily affixed. Since counterfeit alcohol and cigarettes are extremely common in many countries, the presence of a genuine excise stamp also goes some way towards guaranteeing the genuineness of the product, as only certified producers may legally buy excise stamps. (However, illegally obtained or counterfeit stamps are common in some countries.)

Manufacturers will buy a certain quantity of excise stamps from the government at their excise value which they are then obliged to affix to every packet of cigarettes or bottle of spirits produced. The excise stamps are ideally affixed with strong glue over the cap of a bottle or across the lid of a box of cigarettes (and underneath the plastic/foil wrapper on the bottleneck or the cellophane of the cigarette-box) in such a way that they are destroyed when the product is opened. This is so that they cannot be reused, since this would constitute contraband.

In countries where excise stamps are required, all cigarettes and alcohol produced legally will bear a stamp. Some countries have separate stamps for domestically-produced and imported excisable goods; others require separate stamps for products destined for duty-free sale, which are still subject to excise but not VAT; some countries do not require stamps for wines, while others do.

Read more about this topic:  Excise Stamp

Famous quotes containing the word usage:

    Girls who put out are tramps. Girls who don’t are ladies. This is, however, a rather archaic usage of the word. Should one of you boys happen upon a girl who doesn’t put out, do not jump to the conclusion that you have found a lady. What you have probably found is a lesbian.
    Fran Lebowitz (b. 1951)

    Pythagoras, Locke, Socrates—but pages
    Might be filled up, as vainly as before,
    With the sad usage of all sorts of sages,
    Who in his life-time, each was deemed a bore!
    The loftiest minds outrun their tardy ages.
    George Gordon Noel Byron (1788–1824)

    I am using it [the word ‘perceive’] here in such a way that to say of an object that it is perceived does not entail saying that it exists in any sense at all. And this is a perfectly correct and familiar usage of the word.
    —A.J. (Alfred Jules)