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Convertible · 2024

Ferrari Ferrari 488 Spider Base Grade

3900cc · Gasoline · AT · Convertible

Total KRA Duty

KES 13,604,160

20% depreciation

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

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Full Duty Breakdown

2 years old · 20% depreciation

CRSP Value

Official KRA CRSP July 2025

KES 53,517,716

÷ 2.4469

KRA valuation factor

KES 21,871,640

− 20% depreciation

2 years old · direct import

KES 17,497,312

Import Duty (25%)

Customs Value × 25%

KES 4,374,328

Excise Duty (20%)

(CV + Import Duty) × 20%

KES 4,374,328

VAT (16%)

(CV + ID + Excise) × 16%

KES 4,199,355

IDF (2.25%)

CV × 2.25%

KES 393,690

RDL (1.5%)

Railway Development Levy

KES 262,460

Total KRA Duty

Import Duty + Excise + VAT + IDF + RDL

KES 13,604,160

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