HS Code 72044900
Ferrous waste and scrap, nes
What these figures mean
Ferrous waste and scrap, nes is classified under HS code 72044900, which sits in heading 7204 (Ferrous waste and scrap; remelting scrap ingots of iron or steel) 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 1800%, Advance Income Tax of 600%, 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 72044900 in 6 of 6 months, totalling 2,642,975,307 kg at an assessable value of BDT 127,312,943,977. That is an average of BDT 48 per kilogram — useful as a rough check on whether a declared value looks plausible. In May 2026 it was the 4th largest of 4,066 tariff lines by assessable value.
| Month | Net weight | Assessable value | Per kg |
|---|---|---|---|
| December 2025 | 441,028,571 kg | BDT 21,933,197,915 | BDT 50 |
| January 2026 | 413,242,892 kg | BDT 20,570,391,009 | BDT 50 |
| February 2026 | 324,800,263 kg | BDT 16,148,907,343 | BDT 50 |
| March 2026 | 406,581,449 kg | BDT 20,236,784,648 | BDT 50 |
| April 2026 | 505,331,846 kg | BDT 22,542,609,169 | BDT 45 |
| May 2026 | 551,990,286 kg | BDT 25,881,053,893 | BDT 47 |
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.