HS Code 72230000
Wire Of Stainless Steel
Worked example
On an assessable value of BDT 100,000, the total duty and taxes payable on 72230000 would be approximately BDT 39,750.00, because the Total Tax Incidence is 39.75% of the assessable value.
What these figures mean
Wire Of Stainless Steel is classified under HS code 72230000, which sits in heading 7223 (Stainless steel wire) of chapter 72 (Iron and steel).
Under the Bangladesh Operative Tariff 2026-2027 this line attracts Customs Duty of 10%, Supplementary Duty of 0%, VAT of 15%, Advance Income Tax of 5%, Regulatory Duty of 0% and Advance Tax of 7.5%. Combined, these produce a Total Tax Incidence of 39.75%, 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 72230000 in 6 of 6 months, totalling 734,949 kg at an assessable value of BDT 166,197,721. That is an average of BDT 226 per kilogram — useful as a rough check on whether a declared value looks plausible. In May 2026 it was the 993rd largest of 4,066 tariff lines by assessable value.
| Month | Net weight | Assessable value | Per kg |
|---|---|---|---|
| December 2025 | 79,628 kg | BDT 18,602,500 | BDT 234 |
| January 2026 | 107,409 kg | BDT 25,563,457 | BDT 238 |
| February 2026 | 73,726 kg | BDT 18,254,702 | BDT 248 |
| March 2026 | 120,854 kg | BDT 28,789,552 | BDT 238 |
| April 2026 | 232,831 kg | BDT 48,467,437 | BDT 208 |
| May 2026 | 120,501 kg | BDT 26,520,073 | BDT 220 |
Bonded imports. A further 421,033 kg worth BDT 294,876,898 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. Bonded entries account for 64.0% of the total value imported under this code, the rest entering commercially.
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 39.75%, 72230000 sits below that average by 11.28 percentage points. It is the 76th 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 21.33 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.