Intelligentsia wrote:With all those import duty changes would i stand coLLected to say a rough way of calculating landed cost of a vehicle at my doorstep from say kumamoto in Japan would be CIF (usd) X exchange rate X 1.75?
1.75 meaning duty would be about 75% cost of the ride.
So a Landcruiser V8 OF $34000 would cost ish ish
KShs 6m at USD/KShs 101/-
I think you stand coLLected,
Import duty is based on local valuation CRSP,which is then depreciated depending on the age of the car.
Excise duty is 150,000 for vehicles more than 5 years and 200,000 for vehicles below five years.
Total Duty=Import duty+Excise duty...