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Description: Cards incorporating a magnetic stripe
Chapter 85: Electrical machinery and equipment; sound and television recorders and reproducers; parts
Rates as published in the NBR Customs Tariff for FY 2025-2026. Concessions under SROs, exemptions for specific importers and port-specific assessment values can change the amount actually payable.
Suppose the CIF value (cost + insurance + freight) of a shipment under 8523.21.00 is Tk 100,000. Customs first adds a 1% landing charge to get the assessable value (AV), then applies each tax in this order:
| Tax | Charged on | Rate | Amount (Tk) |
|---|---|---|---|
| Assessable value | CIF + 1% landing charge | 101,000.00 | |
| Customs Duty (CD) | AV | 25% | 25,250.00 |
| Regulatory Duty (RD) | AV | 5% | 5,050.00 |
| Supplementary Duty (SD) | AV + CD + RD | 0% | 0.00 |
| Value Added Tax (VAT) | AV + CD + RD + SD | 15% | 19,695.00 |
| Advance Income Tax (AIT) | AV | 5% | 5,050.00 |
| Advance Tax (AT) | AV + CD + RD + SD | 0% | 0.00 |
| Total duty & taxes | 55,045.00 | ||
| Landed cost (AV + taxes) | 156,045.00 | ||
So every Tk 100 of assessable value under this code carries about Tk 54.50 in duty and taxes. AIT and AT are advance taxes: a VAT-registered importer can usually adjust AT against their VAT return, and AIT can be credited against income tax (except where it is treated as final tax for commercial imports), so the real cost to a registered importer is often lower than the TTI figure.
Add freight and insurance on the full calculator.
Bangladesh HS code 8523.21.00 sits in heading 85.23 of chapter 85 (electrical machinery and equipment; sound and television recorders and reproducers; parts). The first six digits (8523.21) are the international HS sub-heading used by most countries, so a supplier's export invoice will often show the same six digits. The last two digits are Bangladesh's own national split and decide the exact rate.
If your product could fit more than one line, compare the descriptions of the related codes below. Customs assesses duty on the code that most specifically describes the goods, and a wrong declaration can lead to a re-assessment, fine and delay at Chattogram, Benapole or Dhaka airport.
| 8523.29.11 | Recitation from the Holy Quran; Reproductions of speech |
| 8523.29.12 | Database; os; dev tools; productivity; communication or coll... |
| 8523.29.13 | Other software for automatic data processing machines |
| 8523.29.19 | Other recorded media excl. rec. from holy Quran, software, r... |
| 8523.29.90 | Other Magnetic Media |
| 8523.41.00 | Optical media: Unrecorded |
| 8523.49.10 | Optical media: Recitation from the Holy Quran; Reproductions... |
| 8523.49.21 | Database; os; development tools; productivity; communication... |
| 8523.49.29 | Optical media: Incorporating computer software |
| 8523.49.90 | Other Optical media (EXCL. Unrecorded) |
| 8523.51.10 | Flash memory card or similar media |
| 8523.51.21 | Database,os, dev. tools, security software ms office interne... |
| 8523.51.29 | Other software for automatic data processing machines |
| 8523.51.90 | Solid-state non-volatile storage devices, excl flash memory |
| 8523.52.00 | Smart cards |
| 8523.59.10 | Proximity Cards and tags |
| 8523.59.20 | RFID TAG |
| 8523.59.90 | Semiconductor media : Excl. Proximity Cards and tags |
| 8523.80.10 | Database; os; dev. tools; productivity; commn or collaborati... |
| 8523.80.20 | Other software for automatic data processing machines |
| 8523.80.90 | Excl Database; os; dev. tools; productivity; commn or collab... |
Our licensed C&F team handles customs clearance at Dhaka airport and Chattogram port, including HS classification, assessment and duty payment.
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