HS Code 34053000
Polishes And Similar Preparations For Coachwork (Excl. Metal Polishes)
Worked example
On an assessable value of BDT 100,000, the total duty and taxes payable on 34053000 would be approximately BDT 64,250.00, because the Total Tax Incidence is 64.25% of the assessable value.
What these figures mean
Polishes And Similar Preparations For Coachwork (Excl. Metal Polishes) is classified under HS code 34053000, which sits in heading 3405 (Polishes, creams, scouring pastes, powders and similar; in any form, (including articles impregnated, coated or covered with such), for furniture, footwear, floors, coachwork, glass or metal) of chapter 34 (Soap, organic surface-active agents, washing and lubricating preparations, waxes, candles, modelling pastes).
Under the Bangladesh Operative Tariff 2026-2027 this line attracts Customs Duty of 25%, Supplementary Duty of 0%, 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 64.25%, 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 34053000 in 6 of 6 months, totalling 37,902 kg at an assessable value of BDT 13,370,685. That is an average of BDT 353 per kilogram — useful as a rough check on whether a declared value looks plausible. In May 2026 it was the 2,835th largest of 4,066 tariff lines by assessable value.
| Month | Net weight | Assessable value | Per kg |
|---|---|---|---|
| December 2025 | 5,992 kg | BDT 1,927,271 | BDT 322 |
| January 2026 | 607 kg | BDT 1,086,942 | BDT 1,791 |
| February 2026 | 6,346 kg | BDT 1,636,660 | BDT 258 |
| March 2026 | 15,242 kg | BDT 4,619,196 | BDT 303 |
| April 2026 | 8,014 kg | BDT 3,476,888 | BDT 434 |
| May 2026 | 1,701 kg | BDT 623,728 | BDT 367 |
Bonded imports. A further 38,532 kg worth BDT 13,581,121 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 50.4% 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 34 contains 34 tariff lines, averaging 72.25%. At 64.25%, 34053000 sits below that average by 8 percentage points. It is the 8th 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 3.17 points.
Within heading 3405 alone, rates run from 39.75% to 96.1% across 6 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.