Usually means: Taxation on imported and manufactured goods.
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We found 9 dictionaries that define the word customs and excise:

General (7 matching dictionaries)
  1. Customs and Excise: Collins English Dictionary
  2. Customs and Excise, Customs and excise: Cambridge Advanced Learner's Dictionary
  3. Customs and Excise: Wikipedia, the Free Encyclopedia
  4. Customs and Excise: TheFreeDictionary.com
  5. customs and excise: Longman Dictionary of Contemporary English
  6. customs and excise: Wiktionary

Business (2 matching dictionaries)
  1. Customs and Excise: Finance-Glossary.com
  2. Accounting, Business Studies and Economics Dictionary (No longer online)

Definitions from Wiktionary (customs and excise)

noun:  (taxation) Taxes that have been levied on goods and activities.

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