HS Code 87120000
Bicycles And Other Cycles, Not Motorized
Worked example
On an assessable value of BDT 100,000, the total duty and taxes payable on 87120000 would be approximately BDT 96,100.00, because the Total Tax Incidence is 96.1% of the assessable value.
What these figures mean
Bicycles And Other Cycles, Not Motorized is classified under HS code 87120000, which sits in heading 8712 (Bicycles and other cycles; including delivery tricycles, not motorised) of chapter 87 (Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof).
Under the Bangladesh Operative Tariff 2026-2027 this line attracts Customs Duty of 25%, Supplementary Duty of 20%, 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 96.1%, 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 87120000 in 6 of 6 months, totalling 61,603 kg at an assessable value of BDT 12,010,867. That is an average of BDT 195 per kilogram — useful as a rough check on whether a declared value looks plausible. In May 2026 it was the 2,913th largest of 4,066 tariff lines by assessable value.
| Month | Net weight | Assessable value | Per kg |
|---|---|---|---|
| December 2025 | 6,282 kg | BDT 1,044,601 | BDT 166 |
| January 2026 | 17,567 kg | BDT 3,670,128 | BDT 209 |
| February 2026 | 19,681 kg | BDT 4,362,510 | BDT 222 |
| March 2026 | 3,004 kg | BDT 757,382 | BDT 252 |
| April 2026 | 12,548 kg | BDT 1,698,085 | BDT 135 |
| May 2026 | 2,521 kg | BDT 478,161 | BDT 190 |
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 87 contains 510 tariff lines, averaging 135.66%. At 96.1%, 87120000 sits below that average by 39.56 percentage points. It is the 176th 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 35.02 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.