How to determine how much duty you’ll pay to KRA for imported vehicle

The duty payable on the importation of a motor vehicle is as follows:

  1. Import Duty: 25% of the CIF value of the vehicle.
  2. Excise Duty: Kshs150, 000 for a motor vehicle less than 3yrs old while Kshs200, 000 for a motor vehicle more than 3yrs old.
  3. Value Added Tax (VAT): 16% of the (CIF value + Import Duty + Excise Duty)
  4. Go to the calculator here
See also  How to begin classic car restoration for the first time

Facebook Comments

Who's Online

15 visitors online now
15 guests, 0 members

© 2020 - 2024 Magari Poa. All rights reserved

Developed by ThemeMakers