Ferrous products obtained by direct reduction of iron ore: Bahamas import duty
Every one of the 2 tariff lines under Heading 7203 (ferrous products obtained by direct reduction of iron ore) carries a flat 45% import duty in The Bahamas. Duty is not the whole bill: The Bahamas adds a 1% customs processing fee (minimum $10, maximum $1,500) and 10% VAT on the landed cost.
Calculate landed cost at 45% duty All of Iron & Steel
Tariff lines under heading 7203
| HS code | Description | Import duty |
|---|---|---|
7203.1000 |
Ferrous products obtained by direct reduction of iron ore | 45% |
7203.9000 |
Other | 45% |
Part of Iron & Steel (chapter 72), 167 lines in total. You can also search the whole schedule.
Bahamas Tariff Act (schedule version 2026-2027) · 2 lines shown. Lines tagged verified have been individually checked against the current schedule; the rest are as published in the Tariff Act. Rates are import duty only. Final classification and charges are determined by Bahamas Customs.