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June 6, 2025
1mo ago

KRA Clarifies New Car Prices For Imported Second-Hand Vehicles

KRA Clarifies New Car Prices For Imported Second-Hand Vehicles

The clarification follows the new Current Retail Selling Price (CRSP) for imported second-hand vehicles effective July 1...

✨ Key Highlights

The Kenya Revenue Authority (KRA) has clarified the revised Current Retail Selling Price (CRSP) for imported second-hand vehicles, effective July 1, 2025, which impacts how taxes are calculated on these vehicles.

  • The import duty rate has increased from 25% in 2019 to 35% in 2025.
  • The announcement was made following public inquiries and media discussions on the updated pricing.
  • The updated CRSP list now includes over 5200 unique models, up from around 3000 models in 2019.

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