What does excisable mean?

Looking for the meaning or definition of the word excisable? Here's what it means.

Adjective
  1. Liable or subject to excise.
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Examples
The time cost by Mr. warrantableness, which, by duties upon excisable lawful betting shop shed roof.
The most material are the general licenses which the law requires to be taken out by all dealers in excisable commodities.
So if the excisable good in question were alleged to be brandy, how would the pleader plead the nature of those goods?
Excisable products like cigarettes, liquor and fuel are subject to special rules and removal in bond is only allowed in exceptional cases and under strict Customs supervision.

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