Import duty and Tax Structure for Buses, Chasis and Parts

Duty assessment procedure and practice in Bangladesh

In the present situation where it will be a first import of SC Auto product were the customs has no
previous value of import. The general practice in Bangladesh is that the duty assessment officer will most
invariable refuse to assess on on the basis of the transaction value or LC value and declare that the price
has been distorted to avoid import duty. The usual practice would be for the customs to assess the value
on the basis of the transaction value of similar good imported by other companies such as Toyota Hino,
Tata and Ashok Leyland. The customs will carry out a comparison and thereafter fix a value of the good
imported.

Once the value is assessed the duty and taxes are applied in the following manner:

Customs Duty (CD): On the value assessed.

Regulatory Duty (RD):
Supplementary Duty (SD):
Value Added Tax (VAT):
Advance Trade VAT (ATV):
Advance Income Tax (AIT):
On the value assessed
On the value assessed
On the value assessed + CD
On the value assessed + CD
On the value assessed + CD

The following tables provide an overview of the duties and taxes for different kinds of buses and their
parts:
 Part 1

Bus: Built up and CKD

Sl HS Code Description SU CD RD SD VAT ATV AIT Total

No. % % % % % % %
Motor Vehicles for the transport of ten or more persons including the driver
With only compression-ignition internal combustion piston engine (diesel or semi-diesel)
1. 8702.10.10 Built up having a seating u 5 0 0 15 5 5 32.4
capacity of 40 or more
2. 8702.10.30 Built up having a seating u 10 0 0 15 5 5 38.47
capacity exceeding 15 but not
exceeding of 40
3. 8702.10.50 CKD motor vehicles u 10 0 0 0 5 5 21.97
Motor Vehicles for the transport of ten or more persons including the driver
With both compression-ignition internal combustion piston engine (diesel or semi-diesel) and electric
motor as motors for propulsion
1. 8702.20.20 Built up having a seating u 10 0 0 15 5 5 38.47
capacity of 40 or more
2. 8702.20.30 Built up having a seating u 10 0 0 15 5 5 38.47
capacity exceeding 15 but not
exceeding of 40
3. 8702.20.50 CKD motor vehicles u 10 0 0 15 5 5 38.47
Motor Vehicles for the transport of ten or more persons including the driver
With both spark-ignition internal reciprocating piston engine and electric motor as motors for propulsion
1. 8702.30.20 Built up having a seating u 10 0 0 15 5 5 38.47
capacity of 40 or more
2. 8702.30.30 Built up having a seating u 10 0 0 15 5 5 38.47
capacity exceeding 15 but not
exceeding of 40
3. 8702.30.50 CKD motor vehicles u 10 0 0 15 5 5 38.47
Using CNG/LPG/LNG as fuel
1. 8702.90.19 Built up having a seating u 10 0 0 15 5 0 33.47
capacity of 40 or more
2. 8702.90.30 Built up having a seating u 10 0 0 15 5 5 38.47
capacity exceeding 15 but not
exceeding of 40
3. 8702.90.51 CKD motor vehicles having u 10 0 0 0 5 0 16.97
seating capacity of 40 more
 Part 2

Bus: Chassis fitted with engines for motor vehicles

Sl HS Code Description SU CD RD SD VAT AT AIT Total

No. % % % % % % %
Chassis fitted with engines, for the motor vehicles of heading 87.02
1. 8706.00.22 Buses for having seating capacity u 10 0 0 0 5 5 21.97
of 40 or more
2. 8706.00.24 Chassis fitted with engines for u 5 0 0 0 5 5 16.65
the motor vehicles in CKD
condition

Part 3

Bus: Bodies for the motor vehicles under heading 87.02

Sl HS Code Description SU CD RD SD VAT AT AIT Total

No. % % % % % % %
Bodies for the motor vehicles under heading 87.02
1. 8707.90.22 Buses for having seating capacity u 5 0 0 15 5 5 32.4
of 40 or more
 Part 4

Bus: Parts and accessories of the motor vehicles of heading 87.02

Sl HS Code Description SU CD RD SD VAT AT AIT Total

No. % % % % % % %
1. 8708.10.00 Bumpers and parts thereof Kg 10 0 0 15 5 5 38.47
2. 8708.21.00 Safety seat belts Kg 10 0 0 15 5 5 38.47
3. 8708.29.00 Other Kg 10 0 0 15 5 5 38.47
4. 8708.30.00 Brakes and servo-brakes and Kg 10 0 0 15 5 5 38.47
parts thereof
5. 8708.40.00 Gear Boxes and parts thereof Kg 10 0 0 15 5 5 38.47
6. 8708.50.00 Drive-axles with differential, Kg 10 0 0 15 5 5 38.47
whether or no provided with
other transmission components
and non-driving axles, parts
thereof
7. 8708.70.00 Road wheels and parts and Kg 10 0 0 15 5 5 38.47
accessories thereof
8. 8708.80.00 Suspension system and parts Kg 10 0 0 15 5 5 38.47
thereof (including shock-
absorbers)
9. 8708.91.00 Radiators and parts thereof Kg 10 0 0 15 5 5 38.47
10. 8708.92.00 Silencers (mufflers) and exhaust Kg 10 0 0 15 5 5 38.47
pipes; parts thereof
11. 8708.93.00 Clutches and parts thereof Kg 10 0 0 15 5 5 38.47
12. 8708.94.00 Steering wheels, steering Kg 10 0 0 15 5 5 38.47
columns and steering boxed;
parts thereof
13. 8708.95.00 Safety airbags with inflater u 10 0 0 15 5 5 38.47
system; parts thereof
14. 8708.99.00 Other Kg 10 0 0 15 5 5 38.47