HS Code 73199000
Knitting needles, bodkins, crochet hooks, etc, of iron or steel
Worked example
On an assessable value of BDT 100,000, the total duty and taxes payable on 73199000 would be approximately BDT 64,250.00, because the Total Tax Incidence is 64.25% of the assessable value.
What these figures mean
Knitting needles, bodkins, crochet hooks, etc, of iron or steel is classified under HS code 73199000, which sits in heading 7319 (Sewing and knitting needles, bodkins, crochet hooks, embroidery stilettos and similar articles, for use in the hand, of iron or steel; safety pins and other pins of iron or steel, not elsewhere specified or included) of chapter 73 (Articles of iron or steel).
Under the Bangladesh Operative Tariff 2026-2027 this line attracts Customs Duty of 25%, Supplementary Duty of 0%, VAT of 15%, Advance Income Tax of 5%, Regulatory Duty of 5% and Advance Tax of 7.5%. Combined, these produce a Total Tax Incidence of 64.25%, 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 73199000 in 6 of 6 months, totalling 131,878 kg at an assessable value of BDT 74,849,126. That is an average of BDT 568 per kilogram — useful as a rough check on whether a declared value looks plausible. In May 2026 it was the 1,470th largest of 4,066 tariff lines by assessable value.
| Month | Net weight | Assessable value | Per kg |
|---|---|---|---|
| December 2025 | 25,805 kg | BDT 15,836,676 | BDT 614 |
| January 2026 | 25,517 kg | BDT 12,959,213 | BDT 508 |
| February 2026 | 30,616 kg | BDT 13,599,303 | BDT 444 |
| March 2026 | 13,064 kg | BDT 11,593,770 | BDT 887 |
| April 2026 | 20,548 kg | BDT 9,451,083 | BDT 460 |
| May 2026 | 16,328 kg | BDT 11,409,081 | BDT 699 |
Bonded imports. A further 3,096 kg worth BDT 13,032,428 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 14.8% 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 73 contains 157 tariff lines, averaging 64.73%. At 64.25%, 73199000 sits below that average by 0.48 percentage points. It is the 37th 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 3.17 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.