HS Code 72159000
Bars and rods of iron/steel, nes (incl. further worked than cold-formed/cold finished
Worked example
On an assessable value of BDT 100,000, the total duty and taxes payable on 72159000 would be approximately BDT 97,390.00, because the Total Tax Incidence is 97.39% of the assessable value.
What these figures mean
Bars and rods of iron/steel, nes (incl. further worked than cold-formed/cold finished is classified under HS code 72159000, which sits in heading 7215 (Iron or non-alloy steel; bars and rods, n.e.c. in chapter 72) of chapter 72 (Iron and steel).
Under the Bangladesh Operative Tariff 2026-2027 this line attracts Customs Duty of 5%, Supplementary Duty of 45%, VAT of 15%, Advance Income Tax of 2%, Regulatory Duty of 5% and Advance Tax of 7.5%. Combined, these produce a Total Tax Incidence of 97.39%, 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 72159000 in 6 of 6 months, totalling 3,526,054 kg at an assessable value of BDT 248,447,661. That is an average of BDT 70 per kilogram — useful as a rough check on whether a declared value looks plausible. In May 2026 it was the 1,271st largest of 4,066 tariff lines by assessable value.
| Month | Net weight | Assessable value | Per kg |
|---|---|---|---|
| December 2025 | 180,100 kg | BDT 9,369,245 | BDT 52 |
| January 2026 | 1,051,408 kg | BDT 72,334,921 | BDT 69 |
| February 2026 | 1,022,703 kg | BDT 76,042,334 | BDT 74 |
| March 2026 | 132,688 kg | BDT 7,052,578 | BDT 53 |
| April 2026 | 872,010 kg | BDT 66,787,167 | BDT 77 |
| May 2026 | 267,145 kg | BDT 16,861,416 | BDT 63 |
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 97.39%, 72159000 sits above that average by 46.36 percentage points. It is the 1st most heavily taxed line in the chapter.
Across the whole Operative Tariff the mean is 61.08%, so this line is dearer than the typical import by 36.31 points.
This line carries supplementary duty of 45%. Only 1,633 of 7,469 lines carry any SD at all, and because it is charged after customs and regulatory duty, and VAT is then charged on top of it, it affects the total far more than the rate alone suggests.