HS Code 72069000
Iron And Non-Alloy Steel, In Primary Forms (Excl. Ingots), Nes
Worked example
On an assessable value of BDT 100,000, the total duty and taxes payable on 72069000 would be approximately BDT 34,000.00, because the Total Tax Incidence is 34% of the assessable value.
What these figures mean
Iron And Non-Alloy Steel, In Primary Forms (Excl. Ingots), Nes is classified under HS code 72069000, which sits in heading 7206 (Iron and non-alloy steel in ingots or other primary forms (excluding iron of heading no. 7203)) 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 0%, Advance Income Tax of 5%, Regulatory Duty of 20% and Advance Tax of 7.5%. Combined, these produce a Total Tax Incidence of 34%, 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 February 2026 and May 2026, NBR recorded commercial imports under 72069000 in 4 of 6 months, totalling 70 kg at an assessable value of BDT 27,469. That is an average of BDT 392 per kilogram — useful as a rough check on whether a declared value looks plausible. In May 2026 it was the 3,906th largest of 4,066 tariff lines by assessable value.
| Month | Net weight | Assessable value | Per kg |
|---|---|---|---|
| February 2026 | 10 kg | BDT 5,006 | BDT 501 |
| March 2026 | 30 kg | BDT 18,773 | BDT 626 |
| April 2026 | 10 kg | BDT 1,227 | BDT 123 |
| May 2026 | 20 kg | BDT 2,463 | BDT 123 |
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 34%, 72069000 sits below that average by 17.03 percentage points. It is the 148th 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 27.08 points.
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.