The Kenya Revenue Authority (KRA) has released an updated Current Retail Selling Price (CRSP) schedule for used motor vehicles, effective July 1, 2025, impacting the importation of IVECO Daily vehicles into Kenya. This schedule determines the customs value for calculating import duties, VAT, excise duties, and other levies, influencing costs for importers, dealers, and consumers.
Understanding the KRA CRSP Schedule
The CRSP is a standardized valuation tool used by the KRA to establish the customs value of imported used vehicles. This value forms the basis for calculating:
- Import Duty: 35% of the customs value.
- Excise Duty: 25% for 2300cc–3000cc engines.
- VAT: 16% of (customs value + import duty + excise duty).
- Import Declaration Fee (IDF): 3.5% of the customs value (minimum KES 5,000).
- Railway Development Levy (RDL): 2% of the customs value.
The 2025 CRSP schedule for IVECO Daily vehicles focuses on diesel-powered vans, dual cabs, and single cabs, designed for commercial applications such as logistics, delivery, and trade services. The schedule accounts for variations in wheelbase (WB), transmission (6MT or 8AT), and configuration (single or dual cab, H1/H2/H3 height).
Reasons for the 2025 Update
The KRA updates the CRSP schedule to reflect:
- Currency fluctuations: The Kenyan Shilling’s value against the Euro and other currencies affects import costs.
- Market demand: High demand for versatile commercial vans like the IVECO Daily influences pricing.
- Government policies: Incentives for commercial vehicles and adjustments to tax revenue targets shape CRSP values.
- Global economic factors: Rising production and shipping costs due to supply chain dynamics contribute to price updates.
This update ensures customs valuations align with Kenya’s commercial vehicle market trends as of July 1, 2025.
Key Highlights of the 2025 CRSP Schedule for IVECO Daily Vehicles
The 2025 CRSP schedule covers the IVECO Daily E6 series, including vans, single cabs, and dual cabs with 2300cc and 3000cc diesel engines. The vehicles vary by wheelbase (3000mm to 4750mm), roof height (H1, H2, H3), and transmission (6-speed manual or 8-speed automatic). Below is a detailed breakdown of selected models, categorized by vehicle type, with CRSP values in Kenyan Shillings (KES).
Vans
Model | Variant | Transmission | Engine (cc) | CRSP (KES) | Fuel Type |
---|---|---|---|---|---|
E6 35S14V H1 SRW (WB3000) | 6MT | 2300 | 8,130,054 | Diesel | |
E6 35S14V H1 SRW (WB3520) | 6MT | 2300 | 8,418,032 | Diesel | |
E6 35S14V H2 SRW (WB3520L) | 6MT | 2300 | 9,067,614 | Diesel | |
E6 35S14V H2 SRW (WB4100) | 6MT | 2300 | 9,646,699 | Diesel | |
E6 35S14V H1 SRW (WB3000) | 8AT | 2300 | 8,751,329 | Diesel | |
E6 35S18V H2 SRW (WB3520L) | 6MT | 3000 | 9,554,154 | Diesel | |
E6 50C18V H2 DRW (WB3520L) | 6MT | 3000 | 10,226,192 | Diesel | |
E6 50C18V H3 DRW (WB4100L) | 6MT | 3000 | 11,935,412 | Diesel | |
E6 70C21V H3 DRW (WB4100L) | 8AT | 3000 | 13,983,508 | Diesel |
Dual Cabs
Model | Variant | Transmission | Engine (cc) | CRSP (KES) | Fuel Type |
---|---|---|---|---|---|
E6 50C18 DRW (WB3450) | 6AT | 3000 | 10,501,014 | Diesel | |
E6 50C18 DRW (WB4350) | 6AT | 3000 | 10,704,476 | Diesel | |
E6 70C18 DRW (WB3750) | 6AT | 3000 | 12,111,757 | Diesel | |
E6 70C18 DRW (WB4750) | 6AT | 3000 | 12,315,219 | Diesel | |
E6 50C21 DRW (WB4350) | 8AT | 3000 | 11,791,083 | Diesel | |
E6 70C21 DRW (WB4750) | 8AT | 3000 | 13,401,826 | Diesel |
Single Cabs
Model | Variant | Transmission | Engine (cc) | CRSP (KES) | Fuel Type |
---|---|---|---|---|---|
E6 45C18 TRADIE MADE 3173 TRAY | 8AT | 3000 | 7,988,788 | Diesel | |
E6 45C18 TRADIE MADE 4223 TRAY | 8AT | 3000 | 8,124,883 | Diesel | |
E6 50C18 DRW (WB3450) | 6AT | 3000 | 8,929,750 | Diesel | |
E6 50C18 DRW (WB4750) | 6AT | 3000 | 9,180,165 | Diesel | |
E6 70C18 DRW (WB3750) | 6AT | 3000 | 10,416,590 | Diesel | |
E6 70C21 DRW (WB4750) | 8AT | 3000 | 11,607,422 | Diesel |
Implications for the Kenyan Automotive Market
The 2025 CRSP schedule for IVECO Daily vehicles has significant implications for importers, dealers, and consumers, particularly in Kenya’s commercial vehicle sector.
For Importers
- High-Value Models: Premium models like the E6 70C21V H3 DRW (WB4100L) (KES 13,983,508) and E6 70C21 DRW (WB4750) (KES 13,401,826) face high import duties due to their CRSP values, potentially limiting import volumes.
- Affordable Options: Lower-priced models like the E6 45C18 TRADIE MADE 3173 TRAY (KES 7,988,788) and E6 35S14V H1 SRW (WB3000) (KES 8,130,054) are attractive for cost-conscious importers.
- Depreciation Benefits: Importing older models (e.g., 2018 models with 65% depreciation) can reduce customs values, making vehicles more cost-effective.
For Dealers
- Pricing Adjustments: Higher CRSP values for models like the E6 70C18 DRW (WB4750) (KES 12,988,267) will increase retail prices, requiring competitive pricing strategies.
- Inventory Focus: Affordable single cab and van models, such as the E6 45C18 TRADIE MADE and E6 35S14V series, appeal to small businesses, encouraging dealers to prioritize these variants.
- Marketing Strategies: Highlighting the versatility, durability, and fuel efficiency of diesel-powered IVECO Daily vehicles can attract logistics and trade-focused buyers.
For Consumers
- Affordability Options: Models like the E6 45C18 TRADIE MADE 3173 TRAY (KES 7,988,788) and E6 35S14V H1 SRW (WB3000) offer cost-effective solutions for small businesses and delivery services.
- Commercial Versatility: Dual cab models like the E6 70C18 DRW series cater to businesses needing crew transport, while vans suit logistics and cargo needs.
- Customization Appeal: Variants with different wheelbases and roof heights (e.g., H1, H2, H3) provide flexibility for specific commercial applications, such as refrigerated transport or mobile workshops.
How CRSP Affects Customs Valuation
The CRSP determines the customs value, adjusted for depreciation based on vehicle age (e.g., 65% for 2018 models in 2025). The customs value is used to calculate taxes and levies.
Example Calculation for IVECO Daily E6 50C18 DRW (WB3450) (CRSP KES 10,501,014, 3000cc, 2018 model):
- Depreciation: 65% (2018 model) → Customs Value = 10,501,014 × (1 – 0.65) = KES 3,675,355
- Import Duty: 35% of 3,675,355 = KES 1,286,374
- Excise Duty: 25% of (3,675,355 + 1,286,374) = KES 1,240,432
- VAT: 16% of (3,675,355 + 1,286,374 + 1,240,432) = KES 968,197
- IDF: 3.5% of 3,675,355 = KES 128,637
- RDL: 2% of 3,675,355 = KES 73,507
- Total Taxes (approx.): KES 3,696,947
- Total Landed Cost: KES 3,675,355 + 3,696,947 = KES 7,372,302
This calculation shows how CRSP and depreciation impact the final cost of importing a vehicle.
Strategies for Navigating the New CRSP Schedule
- For Importers:
- Prioritize importing affordable models like the E6 45C18 TRADIE MADE or E6 35S14V H1 SRW to minimize tax burdens.
- Source vehicles from markets with favorable exchange rates, such as Europe, to offset high CRSP values.
- Leverage depreciation benefits by importing older models (e.g., 2018) to reduce customs values.
- For Dealers:
- Offer financing options for higher-priced models like the E6 70C21V H3 DRW to make them accessible to businesses.
- Promote the versatility of IVECO Daily vans and cabs for logistics, delivery, and trade applications.
- Partner with customs agents to ensure accurate valuation and streamline clearance processes.
- For Consumers:
- Compare CRSP values to identify cost-effective models like the E6 45C18 TRADIE MADE or E6 35S14V series.
- Choose models with appropriate wheelbases and configurations for specific business needs (e.g., longer wheelbases for cargo, dual cabs for crew transport).
- Verify chassis codes and documentation to avoid valuation disputes during customs clearance.
The Future of IVECO Daily Vehicles in Kenya
The 2025 CRSP schedule strengthens IVECO Daily’s position in Kenya’s commercial vehicle market, with its versatile vans, single cabs, and dual cabs catering to logistics, delivery, and trade sectors. Affordable models like the E6 45C18 TRADIE MADE and E6 35S14V series appeal to small businesses, while premium models like the E6 70C21V H3 DRW target larger enterprises. As Kenya’s infrastructure and logistics sectors grow, demand for IVECO Daily vehicles is expected to rise, though high CRSP values for premium models may shift focus to cost-effective variants. The planned shift to an invoice-based valuation system by July 2025 could further streamline costs, benefiting importers and consumers.
The KRA’s 2025 CRSP schedule for IVECO Daily vehicles, effective July 1, 2025, introduces updated valuations that impact the cost of importing diesel-powered vans, single cabs, and dual cabs. By understanding these changes, importers, dealers, and consumers can make informed decisions to navigate Kenya’s commercial vehicle market. From budget-friendly tradie trays to high-capacity dual cabs, IVECO Daily offers versatile solutions for diverse business needs. Stay proactive, verify valuations, and adopt strategic planning to thrive in this dynamic landscape.