[quote=premio]KRA today has amended the CRSP 1500CC PREMIO duty effective immediately is 295678 up from 264500 1800cc premio 358789 up from 283496kes 2008 premio or 2007 bad month 475900 from 375600 IF U ARE BUYING A CAR CONCLUDE THE DEAL FAST Before the market shakes[/quote]

Are these prices showroom prices plus all taxes (here in Kenya) ama kuna mengine yanaongezwa? I would really like to know where KRA gets CRSP for premio yet Toyota Kenya doesn't stock that model(new one).

So Jevic contract with KEBS has been terminated?

What happens with vehicles inspected by Jevic but on high seas???

Link http://www.standardmedia.co.ke/business/article/2000131994/kebs-cuts-ties-with-japanese-vehicle-firm

[quote=vky]I think its time stakeholders in the used car import market in Kenya came together and challenged the use of the CRSP list as a benchmark for calculating taxes for used car imports, the list is inconclusive, arbitrary, unpredictable and unreliable.

the revenue should revert to the use of invoice value as the benchmark for calculating taxes for used car imports albeit with better fraud controls as this will cure the arbitrary, inconclusive, unpredictable and unreliable nature of the CRSP list resulting in chaps paying the exact amount of taxes the should and not a penny more otherwise with the CRSP we will always feel swindled rather than that feeling of 'kulipa ushuru ni kujitegemea', if there should be a list then it should reflect the CRSP of the car when it was first registered not the CRSP seven years later that is just daylight robbery by the revenue.

we need to 'lobby up' and try to change this mode of operation because as it stands I can't see any fairness in using the price of a 2014 car to calculate taxes for a 7 year old car, fairness is using the price of a new car in 2007 to calculate its price today, you can't build a house from the roof downwards

wazua lawyers this is a career maker supreme court stuff[/quote]

One guy said that taxation is like pulling feathers from a goose and a fair tax system is the one that pulls the highest number of feathers from one goose with the least amount of hissing.

KRA clearly enjoys pulling out the feathers and hearing the hissing so forget about the 'feeling swindled' thing. If this mattered to anyone, they would have revised the PAYE tax bands which have not been reviewed for a decade

[quote=premio]KRA today has amended the CRSP 1500CC PREMIO duty effective immediately is 295678 up from 264500 1800cc premio 358789 up from 283496kes 2008 premio or 2007 bad month 475900 from 375600 IF U ARE BUYING A CAR CONCLUDE THE DEAL FAST Before the market shakes[/quote]

I thought there was a list of CRSP that was effected on 1st June. Check their website for more details.

[quote=vky][quote=mnjoro][quote=vky]I think its time stakeholders in the used car import market in Kenya came together and challenged the use of the CRSP list as a benchmark for calculating taxes for used car imports, the list is inconclusive, arbitrary, unpredictable and unreliable.

the revenue should revert to the use of invoice value as the benchmark for calculating taxes for used car imports albeit with better fraud controls as this will cure the arbitrary, inconclusive, unpredictable and unreliable nature of the CRSP list resulting in chaps paying the exact amount of taxes the should and not a penny more otherwise with the CRSP we will always feel swindled rather than that feeling of 'kulipa ushuru ni kujitegemea', if there should be a list then it should reflect the CRSP of the car when it was first registered not the CRSP seven years later that is just daylight robbery by the revenue.

we need to 'lobby up' and try to change this mode of operation because as it stands I can't see any fairness in using the price of a 2014 car to calculate taxes for a 7 year old car, fairness is using the price of a new car in 2007 to calculate its price today, you can't build a house from the roof downwards

wazua lawyers this is a career maker supreme court stuff[/quote]
I disagree with you with the CRSP method the playing ground is fair otherwise we will have a chaotic situation and unnecessary delays in vehicle clearance.Besides we will no longer
be able to authoritatively cost a vehicle for fear of value uplift.[/quote]

@mnjoro, level playing field? i don't think so, that CRSP list is devoid of all the car models available in the car market and when you import a car that is not on that list they tell you to use a figure for a different car with the same engine capacity as your non listed import within the same make not caring about the correct pricing hence you pay more taxes than you would have, this has happened to me severally, there is no level field on that.
KRA should contract a reputable international valuation company to provide pre shipment valuation services akin to JEVIC in regards to KEBS this will deter fraud in invoice value declarations so that the invoice value is the customs value of the car for taxation purposes.
All the countries i have been to use invoice value for calculation of taxes before a car is allowed in, what we have in kenya is just peculiar to kenya, we need to change this because the CRSP system is just a bad poorly thought out policy [/quote]
Any one with Uganda taxes on motorvehicles?