HS Code 23040000
Oil-Cake And Other Solid Residues, Of Soya-Bean Oil
Worked example
On an assessable value of BDT 100,000, the total duty and taxes payable on 23040000 would be approximately BDT 17,880.00, because the Total Tax Incidence is 17.88% of the assessable value.
What these figures mean
Oil-Cake And Other Solid Residues, Of Soya-Bean Oil is classified under HS code 23040000, which sits in heading 2304 (Oil-cake and other solid residues; whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil) of chapter 23 (Residues and waste from the food industries; prepared animal fodder).
Under the Bangladesh Operative Tariff 2026-2027 this line attracts Customs Duty of 0%, Supplementary Duty of 0%, VAT of 0%, Advance Income Tax of 5%, Regulatory Duty of 5% and Advance Tax of 7.5%. Combined, these produce a Total Tax Incidence of 17.88%, which is the figure to multiply by the assessable value of your consignment.
The assessable value is normally the CIF value of the goods plus landing charges. Duties and taxes are applied in a defined order rather than simply added together, which is why the TTI is not the plain sum of the individual rates.
Recorded imports
Between December 2025 and May 2026, NBR recorded commercial imports under 23040000 in 6 of 6 months, totalling 667,345,839 kg at an assessable value of BDT 40,485,248,769. That is an average of BDT 61 per kilogram — useful as a rough check on whether a declared value looks plausible. In May 2026 it was the 13th largest of 4,066 tariff lines by assessable value.
| Month | Net weight | Assessable value | Per kg |
|---|---|---|---|
| December 2025 | 102,964,267 kg | BDT 6,838,344,321 | BDT 66 |
| January 2026 | 67,399,253 kg | BDT 4,439,045,089 | BDT 66 |
| February 2026 | 180,422,563 kg | BDT 11,644,943,342 | BDT 65 |
| March 2026 | 97,340,912 kg | BDT 6,370,491,445 | BDT 65 |
| April 2026 | 119,559,417 kg | BDT 6,107,124,503 | BDT 51 |
| May 2026 | 99,659,427 kg | BDT 5,085,300,069 | BDT 51 |
Import figures: NBR Import Statements (IM-4 commercial), December 2025 – May 2026. Assessable value is the customs value on which duty is charged, not the retail or invoice price.
Source: NBR Operative Tariff 2026-2027. The full schedule was reconciled against NBR's online duty calculator before publication; figures were last checked against NBR's live operative tariff search on 10 October 2026.
How this line compares
Chapter 23 contains 36 tariff lines, averaging 19.96%. At 17.88%, 23040000 sits below that average by 2.08 percentage points. It is the 13th most heavily taxed line in the chapter.
Across the whole Operative Tariff the mean is 61.08%, so this line is cheaper than the typical import by 43.2 points.
No supplementary duty applies here, which is the normal case — SD is zero on 78% of the tariff. Where it does apply it usually dominates every other component.