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Convertible · 2023

Ferrari Ferrari 488 Spider Base Grade

3900cc · Gasoline · AT · Convertible

Total KRA Duty

KES 15,501,940

30% depreciation

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

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Full Duty Breakdown

3 years old · 30% depreciation

CRSP Value

Official KRA CRSP July 2025

KES 69,695,354

÷ 2.4469

KRA valuation factor

KES 28,483,123

− 30% depreciation

3 years old · direct import

KES 19,938,186

Import Duty (25%)

Customs Value × 25%

KES 4,984,547

Excise Duty (20%)

(CV + Import Duty) × 20%

KES 4,984,547

VAT (16%)

(CV + ID + Excise) × 16%

KES 4,785,165

IDF (2.25%)

CV × 2.25%

KES 448,609

RDL (1.5%)

Railway Development Levy

KES 299,073

Total KRA Duty

Import Duty + Excise + VAT + IDF + RDL

KES 15,501,940

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