What is the meaning of Excise?

A tax charged on goods produced within the country (as opposed to customs duties, charged on goods from outside the country).

To impose an excise tax on something.

To cut out; to remove.

inflection of exciser:

1. first/third-person singular present indicative/subjunctive
2. second-person singular imperative

first/third-person singular present indicative/subjunctive

second-person singular imperative

vocative masculine singular of excīsus

Source: wiktionary.org