Kenya: KRA Clarifies New Vehicle Valuation List After Six-Year Hiatus

Nairobi — The Kenya Revenue Authority (KRA) has clarified its implementation of a revised Current Retail Selling Price (CRSP) list for used motor vehicles, the first comprehensive update since 2019.

The move follows a six-year gap and reflects significant shifts in Kenya’s automotive market and broader economic landscape.

In a public statement, KRA noted that the updated CRSP list accounts for recent fluctuations in exchange rates, increases in import and excise duty rates, and the introduction…