HS Code 72023000
Ferro-Silico-Manganese
Worked example
On an assessable value of BDT 100,000, the total duty and taxes payable on 72023000 would be approximately BDT 45,880.00, because the Total Tax Incidence is 45.88% of the assessable value.
What these figures mean
Ferro-Silico-Manganese is classified under HS code 72023000, which sits in heading 7202 (Ferro-alloys) 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 15%, Advance Income Tax of 5%, Regulatory Duty of 15% and Advance Tax of 7.5%. Combined, these produce a Total Tax Incidence of 45.88%, 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 72023000 in 6 of 6 months, totalling 13,317,109 kg at an assessable value of BDT 1,711,355,930. That is an average of BDT 129 per kilogram — useful as a rough check on whether a declared value looks plausible. In May 2026 it was the 232nd largest of 4,066 tariff lines by assessable value.
| Month | Net weight | Assessable value | Per kg |
|---|---|---|---|
| December 2025 | 2,385,000 kg | BDT 326,414,010 | BDT 137 |
| January 2026 | 2,301,199 kg | BDT 313,962,010 | BDT 136 |
| February 2026 | 2,781,710 kg | BDT 378,701,892 | BDT 136 |
| March 2026 | 1,625,800 kg | BDT 230,702,623 | BDT 142 |
| April 2026 | 2,093,200 kg | BDT 224,108,582 | BDT 107 |
| May 2026 | 2,130,200 kg | BDT 237,466,813 | BDT 111 |
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 72 contains 188 tariff lines, averaging 51.03%. At 45.88%, 72023000 sits below that average by 5.15 percentage points. It is the 67th 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 15.2 points.
Within heading 7202 alone, rates run from 33.63% to 45.88% across 15 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.