Heading 7203 · Chapter 72
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 $750) and 10% VAT on the landed cost.
0 of 2lines duty-free
45%most common rate (100% of lines)
45%flat rate
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. Search the whole schedule →
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 2023 Tariff Act. Rates are import duty only — final classification and charges are determined by Bahamas Customs.