The Kenya Revenue Authority (KRA) will start using a new Current Retail Selling Price (CRSP) schedule for used motor vehicles on July 1.
According to a notice that was issued by the Commissioner for Customs and Border Control, the new KRA CRSP will be used in determining the customs value for all imported used vehicles.
“The Kenya Revenue Authority wishes to inform the public that, effective 1st July, 2025, a new Current Retail Selling Price schedule will be applied in the computation of customs value for used motor vehicles imported into the country. This follows an extensive stakeholder engagement with stakeholders to ensure that the new CRSP factors in their feedback,” the taxman said in a notice.
“The updated CRSP list has been published on the taxman’s website. Importers and other stakeholders are therefore encouraged to visit the page and familiarize themselves with the new list and acquaint themselves with the changes.”
The current template has been in use since 2019. The CRSP is used by the taxman to set taxes on imported vehicles. It focuses on the value of a brand new when sold in Kenya, less the amount of depreciation, profit margin and taxes.
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Under the new template, duty on imported second hand vehicles will rise and fall depending on the market value. This means that instead of relying on a fixed price, the new template will rely on the actual price that was paid for the vehicle for accuracy and fairness, which will require production of the sale invoice. The impact of the new duty will see some vehicles sell at lower prices.
At the same time, vehicle models that were not captured in the 2019 schedule will now have their duty on the new schedule. The Mazda CX3 that has a petrol engine with 2,000cc has been widely cited as one of the models with inflated duty because it is not captured by the 2019 schedule.
