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Convertible · 2024

Ferrari Ferrari 488 Spider

3900cc · Gasoline · AT · Convertible

Total KRA Duty

KES 15,070,805

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 59,287,382

÷ 2.4469

KRA valuation factor

KES 24,229,589

− 20% depreciation

2 years old · direct import

KES 19,383,671

Import Duty (25%)

Customs Value × 25%

KES 4,845,918

Excise Duty (20%)

(CV + Import Duty) × 20%

KES 4,845,918

VAT (16%)

(CV + ID + Excise) × 16%

KES 4,652,081

IDF (2.25%)

CV × 2.25%

KES 436,133

RDL (1.5%)

Railway Development Levy

KES 290,755

Total KRA Duty

Import Duty + Excise + VAT + IDF + RDL

KES 15,070,805

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Ferrari Ferrari 488 Spider

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