HS Code 2937.12.00

Insulin and its salts

Duty rates for 2937.12.00 (FY 2025-2026)

CD
0%
RD
5%
SD
0%
VAT
0%
AIT
5%
AT
0%
TTI
10.00%

Description: INSULIN AND ITS SALTS

Chapter 29: Organic chemicals

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.

Worked example: importing goods worth Tk 100,000

Suppose the CIF value (cost + insurance + freight) of a shipment under 2937.12.00 is Tk 100,000. Customs first adds a 1% landing charge to get the assessable value (AV), then applies each tax in this order:

TaxCharged onRateAmount (Tk)
Assessable valueCIF + 1% landing charge101,000.00
Customs Duty (CD)AV0%0.00
Regulatory Duty (RD)AV5%5,050.00
Supplementary Duty (SD)AV + CD + RD0%0.00
Value Added Tax (VAT)AV + CD + RD + SD0%0.00
Advance Income Tax (AIT)AV5%5,050.00
Advance Tax (AT)AV + CD + RD + SD0%0.00
Total duty & taxes10,100.00
Landed cost (AV + taxes)111,100.00

So every Tk 100 of assessable value under this code carries about Tk 10.00 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.

Calculate duty for your shipment

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Classifying goods under 2937.12.00

Bangladesh HS code 2937.12.00 sits in heading 29.37 of chapter 29 (organic chemicals). The first six digits (2937.12) 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.

Other codes in heading 29.37

2937.11.00 SOMATOTROPIN,ITS DERIVATIVES & STRUCTURAL ANALOGUES
2937.19.10 HCG,LEUTINISING HORMONE & RELEASING HORMONE
2937.19.90 POLY.HORMONES,PROTEIN HORMONES..NES EX.HCG,LEUTINISING HORMO...
2937.21.00 Cortisone, Hydrocortisone... And Predisolone (Dehydrohydroco...
2937.22.00 Halogenated Derivatives Of Adrenal Cortical Hormones
2937.23.10 DESOGESTREL ETHINYLOESTRADIOL AND LYNESTRENAL
2937.23.91 Medroxy progesterone acetate
2937.23.99 Other than Medroxy progesterone acetate
2937.29.00 Other Adrenal Cortical Hormones And Their Derivatives, Nes
2937.50.00 PROSTAGLANDINS,THROMBOXANES&TEUKOTRIENES,THEIR DERIVATIVES&S...
2937.90.00 OTHER HORMONES,PROSTAGLANDINS,..USED PRIMARILY AS HORMONES

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