Import duty: 25% of the Customs value (CIF) of the vehicle i.e. 25% of (Invoice value + Insurance + Freight charges)
Excise duty: 20% of (Customs Value + Import Duty)
VAT: 16% of (Customs Value + Import Duty + Excise Duty)
IDF: 3.5% of the CIF value or Ksh 5,000, whichever is higher is payable.

How can I check vehicle duty in Kenya?

How is car duty calculated in Kenya?

KRA will provide the current Retail Selling Price (CRSP) of your vehicle,
Import Duty is 25% of the CRSP,
Excise Duty is 20% of the CRSP + Import Duty,
16% of the CRSP + Import Duty + Excise Duty is VAT,
2.25% of the CRSP is the IDF Fee.

How much is duty for cars in Kenya?

The Import Declaration Fee in Kenya is usually 2.25% of the CIF value or a minimum of Ksh 5,000. Additionally, there’s an import duty of 25%, Value Added Tax of 16%, Railway Development Levey of 1.5%. The Excise Duty also varies depending on the vehicle category.

How much does a car duty cost in Ghana?

Primary Charges

TYPE OF VEHICLE	IMPORT DUTY	VAT
MOTOR CARS INCLUDING CROSS COUNTRY AND ESTATE CARS: PETROL
1. Of a cylinder capacity not exceeding 1000cc	5%	12.50%
2.Of a cylinder capacity exceeding 1000cc but not exceeding 3000cc	10%	12.50%
3.Of a cylinder capacity exceeding 3000cc	20%	12.50%

How much is clearing a car in Ghana?

Vehicle duty is calculated at 5%, 10%, or 20% of the CIF (CIF = value of cargo + FOB + Sea Freight/Transport) on the duty calculator. The Ghana import duty calculator is usually based on the duty rates on the CIF (Cost Insurance Freight) of the product.

How do I calculate duty?

To do this add up the value of the goods, freight costs, insurance and any additional costs, then multiply the total by the duty rate. The result is the amount of duty you’ll need to pay customs for your shipment.

How is VAT calculated on used cars?

The VAT rate is calculated as a sixth of the profit margin. It’s passed on to the customer in the price of the car, but not itemised on the purchase invoice as it would be were they buying a new car. VAT on the selling price Some dealers may charge VAT at 20% on the price of a used car.

How do you calculate customs?

How Is Custom Duty Calculated?

The first duty levied is basic customs duty. …
10 per cent social welfare surcharge is levied on the value of goods.
IGST is levied, which is a combination of factors such as BCD, social welfare surcharge and the entire value.
Levy of GST Compensation cess.

How much is clearance fee in Kenya?

Importers are now required to pay Sh5,000 annual fee besides value added tax (VAT). The user must also pay Sh750 for a unique consignment reference number plus VAT and an arrival notification fee per vessel of Sh7,500, plus VAT.

How is customs duty calculated in Kenya?

In general, Customs duty is levied at rates between 0% and 100%, with an average rate of 25%. Imports into Kenya are subject to a standard VAT rate of 16%, levied on the sum of the CIF value, duty, and other applicable taxes. Tariff rates can be estimated by visiting Kenya Revenue Authority.

Is it cheaper to import a car from Japan to Kenya?

There is no simple answer as to whether importing is cheaper or not. But we would advise that cars under 2million Ksh are much more likely to be cheaper when bought locally through reputable Kenyan dealers. This is because these cars are often bought in bulk from Japan, hundreds at a time.

How much does KRA charge on imported cars?

Import duty- 25% Excise value- 20% + import duty. Value added tax – 16% + import duty + excise duty. IDF (Import declaration fee)-3.5%

How are cars taxed in Kenya?

Car Import Taxation and Charges in Kenya Import Duty: Around 25% dutiable value. Excise Duty: Around 20% of the sum of import duty and customs value. Value Added Tax: 16% of the sum of import duty, customs value and excise duty.

How do I import a car from China to Kenya?

5. Motor vehicle import regulations in Kenya

Authority to import the said vehicle.
An Import Declaration Form.
Original bill of lading of the vehicle.
A C-15 form plus PIN certificate of the vehicle.
Clean vehicle/s logbook written in English.
Certificate of road worthiness.
Original title and registration of the vehicle.

How much is customs duty in Ghana?

5% – Basic necessities, basic raw materials, Capital Goods, Specific Inputs. 10% – Inputs and Intermediary Products (Semi-Finished Goods) 20% – Finished Goods (final Consumer goods) 35% – Specific goods for Economic Development.

How long does it take to clear a car in Ghana?

It takes 5 weeks to clear a car from ports – Freight forwarders expose ICUMS. The government has been asked to intervene in the sorry situation at the Tema Ports where it now takes 5 weeks, (35 freaking days), to clear a single-vehicle under the Ghana Link/UNIPASS-ICUMS trade facilitation system.

How much does it cost to ship a car from USA to Ghana?

There’s a pretty wide range of shipping costs from the U.S. to Ghana, but most vehicles are moved for $2,500 to $7,000. There is generally limited availability in the area, both in terms of routes and companies that ship to the area, which can make it an expensive process.

About Author

oliviajones

Add a Comment

You must be logged in to post a comment.

How can I check my vehicle duty in Ghana?

How do you determine the import duty for the car?