Skip to content
May 22, 2019

What Is Federal Excise Tax, and When Do You Have to Pay It?

What Is Federal Excise Tax, and When Do You Have to Pay It?

Seeing when a Federal Excise Tax needs to be paid.
 

The import of certain goods, like alcoholic beverages or gasoline, requires a Federal Excise Tax to be paid. The amount of tax is determined by the Internal Revenue Service (IRS), and Customs and Border Protection (CBP) collects it on their behalf. 

To determine whether or not additional fees and taxes are required on the goods you are importing, you should contact your port of entry and ask for an import specialist.

You can also learn more about the excise tax here on the IRS site.

Latest Articles

Impact of the USTR Import Proposal

Impact of the USTR Import Proposal

Downstream Ramfications for Carriers, Importers, & Consumers,

February 25, 2025

What Foresee™ Machine Learning can do for your Supply Chain

What Foresee™ Machine Learning can do for your Supply Chain

Shippabo's next-gen predictive system ensures highly accurate intelligence, reduces risk, enables faster response times, and improves forec...

October 29, 2024

Unlocking the Benefits of a Technology-Driven Future

Unlocking the Benefits of a Technology-Driven Future

In an increasingly complex and unpredictable world, supply chain managers can benefit doubly when they partner with a technology-driven for...

January 30, 2024