How Much Is Import Tax When You Ship a Car to Bangladesh - What are the Custom Duty Rates?

Shipping a car to Bangladesh is best done through a professional company in the U.S. Although the taxes for import are usually high and the cost of shipping must be paid, the total cost is much less than any alternative option. Shipping services are known to be cost-effective and worth every penny.

Before you ship a car to Bangladesh, you should figure out how much it will cost you. Contact several companies about their services and receive a few quotes. After comparing each hauler, hire the one you feel is best suited for the job. Then, contact the Embassy of Bangladesh and ask about the policy and taxes associated with the vehicle’s entry into the country.

Information on Custom Duty Rates

The amount of money you have to pay for import duties is always up for debate. However, you can anticipate paying about 25% in charges and 15% in VAT to bring a private car with an engine size of 1500cc into Bangladesh. A supplementary duty an advance income tax and a regular duty are possible additional taxes.

It is always wise to consult with your company and the embassy about the taxes that must be paid before the transport. Pay these taxes before the process is to begin and make sure that you save the receipt. You will need to provide this proof to Customs to gain approval.

Regulations

• Only diplomats and privileged individuals receive duty-free import
• All vehicles must be younger than 6 years old
• You must be able to provide Customs with proof of the chassis number, the age of the vehicle, and the model number.