HS Code 89011010

Vessels capa. <=3000 DWT for regi. Bangladesh oper. in ocean at least 3 conse. year

CD25%

SD0%

VAT15%

AIT5%

RD0%

AT7.5%

TTI58.13%

Worked example

On an assessable value of BDT 100,000, the total duty and taxes payable on 89011010 would be approximately BDT 58,130.00, because the Total Tax Incidence is 58.13% of the assessable value.

What these figures mean

Vessels capa. <=3000 DWT for regi. Bangladesh oper. in ocean at least 3 conse. year is classified under HS code 89011010, which sits in heading 8901 (Cruise ships, excursion boats, ferry-boats, cargo ships, barges and similar vessels for the transport of persons or goods) of chapter 89 (Ships, boats and floating structures).

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 0% and Advance Tax of 7.5%. Combined, these produce a Total Tax Incidence of 58.13%, 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

NBR recorded no commercial imports under 89011010 between December 2025 and May 2026. That is not unusual — roughly a third of the 7,469 lines in the schedule saw no commercial import in that window. Goods may still have entered under a bonded-warehouse regime, or been declared under a neighbouring code.

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 89 contains 37 tariff lines, averaging 45.46%. At 58.13%, 89011010 sits above that average by 12.67 percentage points. It is the 4th 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 2.95 points.

Within heading 8901 alone, rates run from 22.5% to 64.25% across 16 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.

Other codes in heading 8901

89011020 VESSELS CAPACITY 3001-5000 DWT FOR REG.IN BD OPERATING IN OCEAN AT 3 CONSE.YEARS TTI 39.75% 89011030 VESSEL CAPACITY >5000 DWT FOR REG. IN BD OPERATING IN OCEAN FOR AT LEAST 3 CON.… TTI 27.5% 89011090 Cruise ships, excursion boats, etc, for people; ferry boats, nes TTI 39.75% 89012010 Vessels capa.=<3000 DWT for regi.in BD operating in ocean at least 3 consec year TTI 58.13% 89012020 VESELS CAPACITY 3001-5000 DWT FOR REG.IN BD OPERATING IN OCEAN FOR AT LEAST 3 C… TTI 39.75% 89012030 VESELS CAPACITY >5000 FOR REG. IN BD OPERATING IN OCEAN FOR AT LEAST 3 CONSE.YRS TTI 22.5% 89012090 Tankers, nes TTI 39.75% 89013010 Vessels capa. <=3000 DWT for regi.in BD operating in ocean at least 3 consec ye… TTI 64.25% 89013020 VESELS CAPACITY >3000-<=5000 FOR REG. IN BD OPERATING IN OCEAN FOR AT LEAST 3 C… TTI 39.75% 89013030 VESEL CAPACITY >5000 DWT FOR REG. IN BD OPERATING IN OCEAN FOR AT LEAST 3 CONSE… TTI 27.5% 89013090 Refrigerated vessels, nes TTI 39.75% 89019010 Vessels capa. <=3000 DWT for regi.in BD operating in ocean at least 3 consec ye… TTI 58.13%

See all codes in heading 8901 →