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Convertible · 2021

Ferrari 488 Spider Base Grade

3900cc · Gasoline · AT · Convertible

Total KRA Duty

KES 27,682,035

50% depreciation

Based on the official KRA CRSP list (July 2025) · figures reviewed July 2025

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Full Duty Breakdown

5 years old · 50% depreciation

CRSP Value

Official KRA CRSP July 2025

KES 174,238,385

÷ 2.4469

KRA valuation factor

KES 71,207,808

− 50% depreciation

5 years old · direct import

KES 35,603,904

Import Duty (25%)

Customs Value × 25%

KES 8,900,976

Excise Duty (20%)

(CV + Import Duty) × 20%

KES 8,900,976

VAT (16%)

(CV + ID + Excise) × 16%

KES 8,544,937

IDF (2.25%)

CV × 2.25%

KES 801,088

RDL (1.5%)

Railway Development Levy

KES 534,059

Total KRA Duty

Import Duty + Excise + VAT + IDF + RDL

KES 27,682,035

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