HS Code 72071900
Semi-Products Of Iron Or Non-Alloy Steel, <0.25% Carbon, Nes
What these figures mean
Semi-Products Of Iron Or Non-Alloy Steel, <0.25% Carbon, Nes is classified under HS code 72071900, 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
Between December 2025 and May 2026, NBR recorded commercial imports under 72071900 in 4 of 6 months, totalling 1,214,321 kg at an assessable value of BDT 71,764,037. That is an average of BDT 59 per kilogram — useful as a rough check on whether a declared value looks plausible. In May 2026 it was the 922nd largest of 4,066 tariff lines by assessable value.
| Month | Net weight | Assessable value | Per kg |
|---|---|---|---|
| December 2025 | 100,000 kg | BDT 5,511,086 | BDT 55 |
| February 2026 | 100,000 kg | BDT 5,529,215 | BDT 55 |
| April 2026 | 514,351 kg | BDT 30,400,484 | BDT 59 |
| May 2026 | 499,970 kg | BDT 30,323,252 | BDT 61 |
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 The printed TTI of 647% is therefore not a rate and is withdrawn.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.