KRA Duty Formula:
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The Kenya Revenue Authority (KRA) motor vehicle duty is a tax imposed on imported vehicles. It's calculated based on the CIF (Cost, Insurance, and Freight) value of the vehicle and the applicable duty rate.
The calculator uses the KRA duty formula:
Where:
Explanation: The duty is calculated by multiplying the CIF value by the duty rate percentage (converted to decimal).
Details: Accurate duty calculation is crucial for importers to budget correctly, comply with KRA regulations, and avoid penalties for underpayment.
Tips: Enter the CIF value in Kenyan Shillings and the duty rate as a percentage (e.g., 25 for 25%). Both values must be positive numbers.
Q1: What is included in CIF value?
A: CIF includes the cost of the vehicle, insurance costs, and all freight charges to the port of entry in Kenya.
Q2: How do I know the correct duty rate?
A: Duty rates vary by vehicle type, engine capacity, and age. Check KRA's latest tariff schedules or consult a customs agent.
Q3: Are there other charges besides duty?
A: Yes, you may also need to pay VAT, excise duty, and import declaration fees depending on the vehicle.
Q4: Can I dispute KRA's duty assessment?
A: Yes, through KRA's dispute resolution process, but you'll need proper documentation to support your claim.
Q5: Is this calculator official?
A: This is for estimation only. Always verify with KRA or a licensed customs agent for official duty calculations.