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Convertible · 2018

Ferrari Ferrari 488 Spider

3900cc · Gasoline · AT · Convertible

Total KRA Duty

KES 6,593,477

65% depreciation

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

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Full Duty Breakdown

8 years old · 65% depreciation

CRSP Value

Official KRA CRSP July 2025

KES 59,287,382

÷ 2.4469

KRA valuation factor

KES 24,229,589

− 65% depreciation

8 years old · direct import

KES 8,480,356

Import Duty (25%)

Customs Value × 25%

KES 2,120,089

Excise Duty (20%)

(CV + Import Duty) × 20%

KES 2,120,089

VAT (16%)

(CV + ID + Excise) × 16%

KES 2,035,285

IDF (2.25%)

CV × 2.25%

KES 190,808

RDL (1.5%)

Railway Development Levy

KES 127,205

Total KRA Duty

Import Duty + Excise + VAT + IDF + RDL

KES 6,593,477

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Ferrari Ferrari 488 Spider

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