HS Code 32081020
Insulating varnish for copper wire
Worked example
On an assessable value of BDT 100,000, the total duty and taxes payable on 32081020 would be approximately BDT 112,030.00, because the Total Tax Incidence is 112.03% of the assessable value.
What these figures mean
Insulating varnish for copper wire is classified under HS code 32081020, which sits in heading 3208 (Paints, varnishes; (enamels and lacquers) based on synthetic polymers or chemically modified natural polymers, dispersed or dissolved in a non-aqueous medium) of chapter 32 (Tanning or dyeing extracts; dyes, pigments, paints and varnishes; putty; inks).
Under the Bangladesh Operative Tariff 2026-2027 this line attracts Customs Duty of 25%, Supplementary Duty of 30%, VAT of 15%, Advance Income Tax of 5%, Regulatory Duty of 5% and Advance Tax of 7.5%. Combined, these produce a Total Tax Incidence of 112.03%, 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 32081020 in 6 of 6 months, totalling 404,596 kg at an assessable value of BDT 111,327,683. That is an average of BDT 275 per kilogram — useful as a rough check on whether a declared value looks plausible. In May 2026 it was the 1,025th largest of 4,066 tariff lines by assessable value.
| Month | Net weight | Assessable value | Per kg |
|---|---|---|---|
| December 2025 | 94,245 kg | BDT 23,159,648 | BDT 246 |
| January 2026 | 61,126 kg | BDT 16,658,804 | BDT 273 |
| February 2026 | 18,089 kg | BDT 6,808,533 | BDT 376 |
| March 2026 | 90,799 kg | BDT 19,367,274 | BDT 213 |
| April 2026 | 60,800 kg | BDT 19,939,526 | BDT 328 |
| May 2026 | 79,537 kg | BDT 25,393,898 | BDT 319 |
Bonded imports. A further 5,000 kg worth BDT 6,265,148 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 5.3% 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 32 contains 57 tariff lines, averaging 54.84%. At 112.03%, 32081020 sits above that average by 57.19 percentage points. It is the 1st most heavily taxed line in the chapter.
Across the whole Operative Tariff the mean is 61.08%, so this line is dearer than the typical import by 50.95 points.
Within heading 3208 alone, rates run from 64.25% to 112.03% across 7 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.
This line carries supplementary duty of 30%. Only 1,633 of 7,469 lines carry any SD at all, and because it is charged after customs and regulatory duty, and VAT is then charged on top of it, it affects the total far more than the rate alone suggests.