The Kenya Revenue Authority (KRA) has announced the implementation of a new Current Retail Selling Price (CRSP) schedule for used motor vehicles imported into the country, effective July 1, 2025.
The CRSP schedule is a critical component in determining the customs value of imported used vehicles, which directly influences the calculation of import duties and taxes.
By updating the CRSP, KRA aims to enhance transparency and ensure that vehicle valuations reflect current market conditions.
Importers and other stakeholders are encouraged to review the updated CRSP list, which has been published on the KRA website.
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Familiarizing themselves with the new schedule will help stakeholders understand the changes and prepare for the upcoming adjustments in customs valuation.
Understanding the Updated CRSP and Import Duty Calculations
The CRSP list provides standardized reference prices for various vehicle models, which are used to calculate the customs value of imported used vehicles.
This customs value is then subjected to various taxes and fees, including:
Import Duty: 35 percent of the customs value.
Excise Duty: 20 percent or 25 percent of the sum of the customs value and import duty, depending on engine capacity.
Value Added Tax (VAT): 16 percent of the sum of the customs value, import duty, and excise duty.
Import Declaration Fee (IDF): 3.5 percent of the customs value.
Railway Development Levy (RDL): 2 percent of the customs value.
Depreciation is applied to the CRSP based on the vehicle’s age to determine the customs value.
For vehicles manufactured between 2017 and 2019, a depreciation rate of 5 percent per year is applied, while for those manufactured between 2020 and 2024, a rate of 10 percent per year is used. The maximum allowable depreciation is capped at 65 percent .
