HS Code 72071100

Semi-Products Of Iron/Steel, <0.25% Carbon, Of Squarish Section

CD0%

SD0%

VAT15%

AIT600†

RD20%

AT7.5%

TTI—

This line carries a specific duty. The published tariff gives no single Total Tax Incidence percentage for 72071100, because the duty is charged as a fixed amount per unit of quantity (for example Taka per metric tonne) rather than as a percentage of value. The figure marked † under AIT is that amount, not a rate — the other columns on this line are genuine percentages. Confirm the unit of measurement and the current rate with NBR before calculating.

What these figures mean

Semi-Products Of Iron/Steel, <0.25% Carbon, Of Squarish Section is classified under HS code 72071100, which sits in heading 7207 (Iron or non-alloy steel; semi-finished products thereof) 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 600%, Regulatory Duty of 20% 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

NBR recorded no commercial imports under 72071100 between December 2025 and May 2026. That is not unusual — roughly a third of the 7,469 lines in the schedule saw no commercial import in that window. Goods may still have entered under a bonded-warehouse regime, or been declared under a neighbouring code.

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.

This line was corrected. 2 changes were made on 8 October 2026. AIT of 600 read as a percentage; it is BDT 600 per unit. The printed TTI of 647% is therefore not a rate and is withdrawn. See the corrections log.

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.

Other codes in heading 7207

72071200 Semi-Products Of Iron/Steel, <0.25% Carbon, Of Rectangular Section TTI — 72071900 Semi-Products Of Iron Or Non-Alloy Steel, <0.25% Carbon, Nes TTI — 72072000 Semi-Products Of Iron Or Non-Alloy Steel, >=0.25% Carbon TTI —

See all codes in heading 7207 →