HS Code 72011000
Non-Alloy Pig Iron Containing, =<0.5% Phosphorus, In Pigs, Blocks
What these figures mean
Non-Alloy Pig Iron Containing, =<0.5% Phosphorus, In Pigs, Blocks is classified under HS code 72011000, which sits in heading 7201 (Pig iron and spiegeleisen in pigs, blocks or other primary forms) of chapter 72 (Iron and steel).
Under the Bangladesh Operative Tariff 2026-2027 this line attracts Customs Duty of 0%, Supplementary Duty of 0%, VAT of 1200%, Advance Income Tax of 5%, Regulatory Duty of 0% and Advance Tax of 7.5%.
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 72011000 in 6 of 6 months, totalling 1,681,966 kg at an assessable value of BDT 123,904,165. That is an average of BDT 74 per kilogram — useful as a rough check on whether a declared value looks plausible. In May 2026 it was the 1,027th largest of 4,066 tariff lines by assessable value.
| Month | Net weight | Assessable value | Per kg |
|---|---|---|---|
| December 2025 | 331,200 kg | BDT 25,546,159 | BDT 77 |
| January 2026 | 310,073 kg | BDT 24,149,241 | BDT 78 |
| February 2026 | 55,243 kg | BDT 4,185,099 | BDT 76 |
| March 2026 | 300,000 kg | BDT 23,276,601 | BDT 78 |
| April 2026 | 326,000 kg | BDT 21,394,157 | BDT 66 |
| May 2026 | 359,450 kg | BDT 25,352,908 | BDT 71 |
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
This is one of 58 specific-duty lines in the 7,469-line tariff. They are concentrated in a few chapters — passenger baggage, steel, fertiliser and sugar — and are the only lines for which no Total Tax Incidence percentage can be published.
The ad-valorem lines in chapter 72 average 51.03%, but that figure cannot be compared with the amounts above, which are sums of money per unit rather than rates.