HS Code 84623900
Shearing Machines (Incl. Presses), Nes
Worked example
On an assessable value of BDT 100,000, the total duty and taxes payable on 84623900 would be approximately BDT 28,730.00, because the Total Tax Incidence is 28.73% of the assessable value.
What these figures mean
Shearing Machines (Incl. Presses), Nes is classified under HS code 84623900, which sits in heading 8462 (Machine-tools (including presses) for working metal by forging, hammering or die forging (excluding rolling mills); machine-tools (including presses, slitting lines and cut-to-length lines) for working metal by bending, folding, straightening, flattening,) of chapter 84 (Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof).
Under the Bangladesh Operative Tariff 2026-2027 this line attracts Customs Duty of 1%, 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 28.73%, 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 84623900 in 6 of 6 months, totalling 435,632 kg at an assessable value of BDT 225,682,605. That is an average of BDT 518 per kilogram — useful as a rough check on whether a declared value looks plausible. In May 2026 it was the 2,244th largest of 4,066 tariff lines by assessable value.
| Month | Net weight | Assessable value | Per kg |
|---|---|---|---|
| December 2025 | 39,261 kg | BDT 14,279,042 | BDT 364 |
| January 2026 | 103,387 kg | BDT 37,894,061 | BDT 367 |
| February 2026 | 138,848 kg | BDT 100,859,518 | BDT 726 |
| March 2026 | 69,925 kg | BDT 34,872,981 | BDT 499 |
| April 2026 | 60,977 kg | BDT 35,098,505 | BDT 576 |
| May 2026 | 23,234 kg | BDT 2,678,498 | BDT 115 |
Bonded imports. A further 531 kg worth BDT 377,905 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 0.2% 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 84 contains 648 tariff lines, averaging 35.59%. At 28.73%, 84623900 sits below that average by 6.86 percentage points. It is the 166th 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 32.35 points.
Within heading 8462 alone, rates run from 27.5% to 28.73% across 20 lines. Classification inside a single heading can change the bill substantially, so confirm the eight-digit code rather than working from the four-digit heading.
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.