HS Code 29023000
Toluene
Worked example
On an assessable value of BDT 100,000, the total duty and taxes payable on 29023000 would be approximately BDT 39,750.00, because the Total Tax Incidence is 39.75% of the assessable value.
What these figures mean
Toluene is classified under HS code 29023000, which sits in heading 2902 (Cyclic hydrocarbons) of chapter 29 (Organic chemicals).
Under the Bangladesh Operative Tariff 2026-2027 this line attracts Customs Duty of 10%, Supplementary Duty of 0%, VAT of 15%, Advance Income Tax of 5%, Regulatory Duty of 0% and Advance Tax of 7.5%. Combined, these produce a Total Tax Incidence of 39.75%, 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 29023000 in 6 of 6 months, totalling 2,586,510 kg at an assessable value of BDT 339,067,047. That is an average of BDT 131 per kilogram — useful as a rough check on whether a declared value looks plausible. In May 2026 it was the 627th largest of 4,066 tariff lines by assessable value.
| Month | Net weight | Assessable value | Per kg |
|---|---|---|---|
| December 2025 | 395,923 kg | BDT 50,688,072 | BDT 128 |
| January 2026 | 386,772 kg | BDT 46,240,343 | BDT 120 |
| February 2026 | 342,212 kg | BDT 45,934,998 | BDT 134 |
| March 2026 | 423,258 kg | BDT 52,733,426 | BDT 125 |
| April 2026 | 643,159 kg | BDT 84,822,714 | BDT 132 |
| May 2026 | 395,186 kg | BDT 58,647,494 | BDT 148 |
Bonded imports. A further 60,560 kg worth BDT 9,951,165 entered under the bonded-warehouse regime in the same period — goods brought in duty-free as inputs on the undertaking that they leave again as exports, which in Bangladesh overwhelmingly means ready-made garments. Bonded entries account for 2.9% of the total value imported under this code, the rest entering commercially.
Import figures: NBR Import Statements (IM-4 commercial, IM-7 bonded), 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 29 contains 491 tariff lines, averaging 36.78%. At 39.75%, 29023000 sits above that average by 2.97 percentage points. It is the 26th 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 21.33 points.
Within heading 2902 alone, rates run from 23.25% to 45.88% across 14 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.