Excise Tax

What is Excise Tax?

What is the legal basis for imposing Excise Tax?

Excise tax is a levy on goods with health, environmental or social effect.

Liberia Revenue Code 0f 2000 as Amended 2011 Chapter 11

How is Excise Tax Calculated?

All excise taxes are calculated on the Cost + Insurance + Freight (CIF) of imported goods except for alcoholic beverages and tobacco product, and ex-factory price for local manufactured goods.

For alcoholic and non-alcoholic imported and locally manufactured beverages and tobacco products:

Excise Tax 


The product of total sum of cost




Freight (CIF), Import Duty, and ECOWAS Trade Levy

(ETL – where applicable).