I came across the following details on car imports from a web site and thought it wise to share.
Assume a car worth 10,000 USD(or 800,000/= @ 80/= a dollar) CIF MSA.
1) Import Duty (ID) = 25% or 2,500 USD. Sub-total 12,500 USD
2) Excise Duty (ED) = 20% or 2,500 USD { i.e. 20% of 12,500 USD}
3) VAT @ 16% of vatabble value! = 2,250 {or 16% of (12,500+2,500)}
4) IDF (Import Declaration Form) fees of 2.75% = 474.275 USD {2.75 * (15,000+2,250)}
Total Cost of your unregistered vehicle = 17,724.375 USD or KES 1,417,950
Total charges on top of CIF is 7,724.375 USD (or KES 617,950)!!! No wonder KRA is promising to collect 600B in taxes.
To this you've to add clearance and as noted above regitration fees.
Comments from first hand experiences?
Ecs 11.2 Give portions to seven,yes to eight,for you do not know what disaster may come upon the land.
The opposite of courage is not cowardice, it's conformity.