Import Duty Calculator (Bangladesh)
Estimate the total tax incidence on imported goods in Bangladesh from the CIF value and the duty rates, the way customs assesses a shipment.
Enter your numbers
Example: 100000
Example: 25
Example: 3
Example: 15
Example: 5
Recent
Formula
How the calculation works
Enter the CIF value of the goods, which is cost plus insurance plus freight, and the customs, regulatory, VAT and advance income tax rates.
The tool charges customs duty and regulatory duty on the CIF value, then computes VAT on the value plus those two duties.
It adds advance income tax charged on the CIF value and sums everything into the total tax payable at import.
Common mistakes
- Charging VAT only on the CIF value, because VAT is levied on the CIF value plus customs duty and regulatory duty.
- Forgetting advance income tax, since AIT is collected at the import stage even though it is later adjustable against company tax.
When to use it
- Use it before opening a letter of credit to know the landed cost of an import.
- Use it to compare the total tax on two product categories before deciding what to import.
Worked example
On a CIF value of Tk 1,00,000 with 25 percent customs duty, 3 percent regulatory duty, 15 percent VAT and 5 percent AIT, the total tax is about Tk 52,362.
Common questions
What is included in the CIF value?
The CIF value is the cost of the goods plus insurance plus freight, and customs charges duty on this value rather than on the goods alone.
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