How much does it cost to import a car in Kenya?
How is car duty calculated in Kenya? Import Duty is 25% of the CRSP. Excise Duty is 20% of the CRSP + Import Duty.
How old should a car be to import to Kenya?
All motor vehicles imported into the country must be 8 years or less from the year of Registration. This includes vehicles from the general public and returning residents. Additionally, the gap between the year of manufacture and the year of registration should be 1 year or less.
How much tax does one pay to import a car in Kenya?
Car Import Taxation and Charges in Kenya
Import Duty: Around 25% dutiable value. Excise Duty: Around 20% of the sum of import duty and customs value. Value Added Tax: 16% of the sum of import duty, customs value and excise duty.
What is the process of importing a car in Kenya?
Other crucial information and documents that are needed to import a car to Kenya are:
- Original Commercial Invoice.
- Original Bill of lading. …
- Original Logbook from the country of importation. …
- Pre-shipment inspection certificate. …
- Copy of your PIN certificate/ Copy of certificate of Incorporation (applicable to companies)
Is it cheaper to import a car in Kenya?
Many people dwelling in Kenya prefer to import second-hand vehicles as they are cheaper compared to the ones in local car dealerships. By cutting out the middleman, buyers can save up to 25 percent in cost. The process of importing however takes a bit more time and can be quite confusing for many first-time importers.
How much is custom duty in Kenya?
In general, Customs duty is levied at rates between 0% and 100%, with an average rate of 25%. However, Sensitive items Attract duty higher than 25% (the sensitive items are listed in the schedule 2 of the EAC Common External tariff).
How much does it cost to import a car from Japan to Kenya?
Import duty: 25% of the Customs value (CIF) of the vehicle i.e. 25% of (Invoice value + Insurance + Freight charges) Excise duty: 20% of (Customs Value + Import Duty) VAT: 16% of (Customs Value + Import Duty + Excise Duty) IDF: 2.25% of the CIF value or Ksh 5,000, whichever is higher is payable.
How much does it cost to ship a car from Japan to Kenya?
35, 000 and is directly paid at the port. This cost is hugely influenced by the car model, make, and other related underlying factors. Clearing and forwarding agents charges a fee of about KEs. 15, 000.
Are left handed cars allowed in Kenya?
Left hand drive cars are not allowed to be imported into Kenya. You are required to show documentations proving that you owned the LHD vehicle in the country of your former residency for at least one year.
How much is import tax on a car?
|Criteria / Applicability||Import Duty in %|
|Used car import||125|
|Cars CBUs whose CIF value is more than $ 40,000 or Petrol Engine > 3000 CC or Diesel engine > 2500 CC||100|
|Cars CBUs whose CIF value is less than $ 40,000 and Petrol Engine < 3000 CC and Diesel engine < 2500 CC||60|
How much does it cost to import a used car in Kenya?
You will have to pay an import declaration fee (IDF) of 2.25% (of the total value of the car), or 5000 Kenya shillings (about $60), whichever is higher. Let us calculate the total cost of importing a used car to Kenya, via the Port of Mombasa.
How is custom duty calculated?
Customs duties are computed on a specific or ad valorem basis. In other words, it is calculated on the value of goods. Such value is determined as per the rules laid down in the Customs Valuation (Determination of Value of Imported Goods) Rules, 2007.
Is it cheaper to import a car from Japan to Kenya?
There is no simple answer as to whether importing is cheaper or not. But we would advise that cars under 2million Ksh are much more likely to be cheaper when bought locally through reputable Kenyan dealers. This is because these cars are often bought in bulk from Japan, hundreds at a time.
What do I need to know before importing a car?
17 Things People Should Know Before Buying And Importing A Car
- 10 Ship To Shore.
- 11 Get Started With The Right People. …
- 12 Don’t Buy Blind. …
- 13 Follow The Rules. …
- 14 Factor In Conversion Calculation. …
- 15 Research And Ensure That The Price Is Right. …
- 16 Do The Math. …
- 17 Try To Find The Car Locally. Via 1938news.com. …
How much does it cost to clear a car in Kenya?
Clearing and Forwarding fees normally depends with the agreement you have with your Clearing and Forwarding Agent. Mostly it will range from 15,000 to 30,000 Kenyan Shillings for the units and 25,000 onwards for Containers. It is a negotiable fee and it is paid to the clearing agent.