HS Code 72166100
Angles,Shapes.. Of Iron/Steel,No More Workd Thn Cold-Formed,From Flat Rol.
Worked example
On an assessable value of BDT 100,000, the total duty and taxes payable on 72166100 would be approximately BDT 63,700.00, because the Total Tax Incidence is 63.7% of the assessable value.
What these figures mean
Angles,Shapes.. Of Iron/Steel,No More Workd Thn Cold-Formed,From Flat Rol. is classified under HS code 72166100, which sits in heading 7216 (Iron or non-alloy steel, angles, shapes and sections) of chapter 72 (Iron and steel).
Under the Bangladesh Operative Tariff 2026-2027 this line attracts Customs Duty of 5%, Supplementary Duty of 20%, 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 63.7%, 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 February 2026, NBR recorded commercial imports under 72166100 in 1 of 6 months, totalling 664 kg at an assessable value of BDT 216,808. That is an average of BDT 327 per kilogram — useful as a rough check on whether a declared value looks plausible. In February 2026 it was the 3,299th largest of 4,051 tariff lines by assessable value.
| Month | Net weight | Assessable value | Per kg |
|---|---|---|---|
| February 2026 | 664 kg | BDT 216,808 | BDT 327 |
Bonded imports. A further 71,523 kg worth BDT 29,757,253 entered under the bonded-warehouse regime in the same period — goods brought in duty-free as inputs on the undertaking that they leave again as exports, which in Bangladesh overwhelmingly means ready-made garments. That is 99.3% of everything imported under this code. In practice this line is an export input rather than a product entering the domestic market, so the duty rates above apply to only a small fraction of the trade.
Import figures: NBR Import Statements (IM-4 commercial, IM-7 bonded), 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 63.7%, 72166100 sits above that average by 12.67 percentage points. It is the 35th 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 2.62 points.
This line carries supplementary duty of 20%. 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.