The High Court has declined to issue a temporary order stopping the Kenya Revenue Authority (KRA) from obtaining views from the public on planned changes to the current retail selling price (CRSP) of all used imported vehicles in the country.
CRSP is a price template used by the KRA to compare the actual invoice value of the car and uses the higher of the two. The customs value is then calculated by applying the depreciation to the CRSP value. Excise duty, import duty, value-added tax (VAT), and import declaration fee (IDF) are all calculated from the customs value.
