HS Code 96020020
Worked Vegetable Or Mineral......Wax,Sterlin,Nes (Excl.Gelatin Capsules)
Worked example
On an assessable value of BDT 100,000, the total duty and taxes payable on 96020020 would be approximately BDT 64,250.00, because the Total Tax Incidence is 64.25% of the assessable value.
What these figures mean
Worked Vegetable Or Mineral......Wax,Sterlin,Nes (Excl.Gelatin Capsules) is classified under HS code 96020020, which sits in heading 9602 (Vegetable, mineral carving material and articles of these materials, moulded or carved articles of wax, stearin, natural gums, resins or modelling pastes, worked unhardened gelatin (not heading no. 3503)) of chapter 96 (Miscellaneous manufactured articles).
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 96020020 in 6 of 6 months, totalling 89,962 kg at an assessable value of BDT 516,938,700. That is an average of BDT 5,746 per kilogram — useful as a rough check on whether a declared value looks plausible. In May 2026 it was the 594th largest of 4,066 tariff lines by assessable value.
| Month | Net weight | Assessable value | Per kg |
|---|---|---|---|
| December 2025 | 6,048 kg | BDT 58,483,417 | BDT 9,670 |
| January 2026 | 31,673 kg | BDT 119,226,695 | BDT 3,764 |
| February 2026 | 8,070 kg | BDT 110,731,270 | BDT 13,721 |
| March 2026 | 8,215 kg | BDT 90,428,597 | BDT 11,008 |
| April 2026 | 5,800 kg | BDT 73,943,916 | BDT 12,749 |
| May 2026 | 30,156 kg | BDT 64,124,805 | BDT 2,126 |
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 96 contains 54 tariff lines, averaging 60.67%. At 64.25%, 96020020 sits above that average by 3.58 percentage points. It is the 7th 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.
Within heading 9602 alone, rates run from 58.13% to 64.25% across 2 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.