HS Code 23061000
Oil-Cake And Other Solid Residues Of Cotton Seeds
Worked example
On an assessable value of BDT 100,000, the total duty and taxes payable on 23061000 would be approximately BDT 14,880.00, because the Total Tax Incidence is 14.88% of the assessable value.
What these figures mean
Oil-Cake And Other Solid Residues Of Cotton Seeds is classified under HS code 23061000, which sits in heading 2306 (Oil-cake and other solid residues; whether or not ground or in the form of pellets, resulting from the extraction of vegetable or microbial fats or oils, other than those of heading no. 2304 or 2305) 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 2%, Regulatory Duty of 5% and Advance Tax of 7.5%. Combined, these produce a Total Tax Incidence of 14.88%, 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 23061000 in 4 of 6 months, totalling 1,177,839 kg at an assessable value of BDT 100,554,904. That is an average of BDT 85 per kilogram — useful as a rough check on whether a declared value looks plausible. In May 2026 it was the 599th largest of 4,066 tariff lines by assessable value.
| Month | Net weight | Assessable value | Per kg |
|---|---|---|---|
| December 2025 | 103,100 kg | BDT 8,471,193 | BDT 82 |
| January 2026 | 103,750 kg | BDT 8,833,121 | BDT 85 |
| April 2026 | 230,071 kg | BDT 19,653,041 | BDT 85 |
| May 2026 | 740,918 kg | BDT 63,597,549 | BDT 86 |
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 14.88%, 23061000 sits below that average by 5.08 percentage points. It is the 14th 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 46.2 points.
Within heading 2306 alone, rates run from 14.88% to 30.63% across 8 lines. Classification inside a single heading can change the bill substantially, so confirm the eight-digit code rather than working from the four-digit heading.
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.