Finance & Investment Market Updates

KRA’s 2025 CRSP for Mitsubishi Fuso Canter Trucks in Kenya: Everything You Need to Know

Mitsubishi Fuso

The Kenya Revenue Authority (KRA) has released the Current Retail Selling Price (CRSP) schedule for used vehicles, effective July 1, 2025, impacting the importation of Mitsubishi Fuso Canter trucks into Kenya. The CRSP serves as the basis for calculating import duties, VAT, excise duties, and other levies, influencing costs for importers, dealers, and consumers. This guide explores the 2025 CRSP schedule for Mitsubishi Fuso Canter trucks, providing insights into its implications and strategies for navigating the Kenyan commercial vehicle market as of July 1, 2025.

Understanding the KRA CRSP Schedule

The CRSP is a standardized valuation system used by the KRA to determine the customs value of imported used vehicles. This value is critical for calculating:

  • Import Duty: 35% of the customs value.
  • Excise Duty: 25% for engines up to 3000cc.
  • 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 Mitsubishi Fuso Canter trucks includes a wide range of configurations, including single and double cabs, low floor, dump, long, super long, and wide cab variants, all powered by 3000cc diesel engines. These trucks are designed for light-duty commercial applications, offering payloads from 2 to 7.5 tonnes, and are popular in Kenya for their durability and versatility.

Reasons for the 2025 Update

The KRA updates the CRSP schedule to reflect:

  • Currency Fluctuations: Changes in the Kenyan Shilling’s value against the Japanese Yen impact import costs.
  • Market Trends: Growing demand for light-duty trucks in logistics and construction influences pricing.
  • Government Policies: Adjustments in tax policies and import regulations shape CRSP values.
  • Global 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 dynamics as of July 1, 2025.

Key Highlights of the 2025 CRSP Schedule for Mitsubishi Fuso Canter Trucks

The 2025 CRSP schedule covers Mitsubishi Fuso Canter trucks, known for their robust construction and adaptability for various applications, such as cargo transport, construction, and specialized services. Below is a detailed breakdown of selected models, categorized by configuration, with CRSP values in Kenyan Shillings (KES).

Standard Single Cab Trucks

ModelVariantTransmissionDriveEngine (cc)CRSP (KES)Seats
CANTERFBA20-MT2WD29906,378,3182
CANTERFBA60-MT2WD30007,751,2062
CANTERFEB90-MT2WD30008,020,5792
CANTERFEA20-AT2WD30005,024,9992

Double Cab Trucks

ModelVariantTransmissionDriveEngine (cc)CRSP (KES)Seats
CANTER DOUBLE CABFDA00-AT2WD300013,159,5644
CANTER DOUBLE CAB LONGFEB50-AT2WD300011,937,6304
CANTER DOUBLE CAB ALL LOW FLOORFBA20-AT2WD30007,226,8744

Low Floor and Dump Trucks

ModelVariantTransmissionDriveEngine (cc)CRSP (KES)Seats
CANTER ALL LOW FLOORFBAV0-AT2WD30008,622,5602
CANTER ALL LOW FLOOR DUMPFBA60-AT2WD30007,706,8792
CANTER DUMPFEBM0-MT2WD300014,339,2212

Long and Super Long Trucks

ModelVariantTransmissionDriveEngine (cc)CRSP (KES)Seats
CANTER LONGFEB50-MT2WD300020,428,2162
CANTER LONG ALL LOW FLOORFEA50-MT2WD300020,844,8222
CANTER SUPER SUPER LONGFEC90-MT2WD300019,631,8442
CANTER SUPER LONGFEB20-AT2WD30008,287,5702

Implications for the Kenyan Commercial Vehicle Market

The 2025 CRSP schedule for Mitsubishi Fuso Canter trucks has significant implications for importers, dealers, and businesses in Kenya’s logistics, construction, and transport sectors.

For Importers

  • High-End Variants: Premium models like the CANTER LONG (FEB50-, KES 20,428,216) and CANTER LONG ALL LOW FLOOR (FEA50-, KES 20,844,822) face higher import duties due to elevated CRSP values, potentially limiting import volumes.
  • Cost-Effective Options: Models like the CANTER BASEGRADE (FBA20-, KES 4,694,823) and CANTER (FEA20-, KES 5,024,999) offer lower CRSP values, making them attractive for bulk imports.
  • Depreciation Advantage: Importing older models (e.g., 2018 models with 65% depreciation) reduces customs values, making models like the CANTER (FBA20-, KES 6,378,318) more viable.

For Dealers

  • Pricing Strategies: High CRSP values for models like the CANTER DUMP (FEBM0-, KES 14,339,221) require competitive pricing or financing options to attract buyers.
  • Inventory Focus: Affordable models like the CANTER BASEGRADE (FBA20-, KES 4,694,823) and CANTER ALL LOW FLOOR (FBA20-, KES 6,666,658) appeal to small and medium enterprises, prompting dealers to prioritize these variants.
  • Marketing Opportunities: Highlighting the durability, fuel efficiency, and customization options of the Canter (e.g., open body design for tailored solutions) can attract diverse customers.

For Businesses and Consumers

  • Versatile Applications: Models like the CANTER ALL LOW FLOOR DUMP (FBA60-, KES 7,706,879) and CANTER DOUBLE CAB (FBA20-, KES 7,226,874) cater to construction and transport needs.
  • Fleet Expansion: Cost-effective models like the CANTER (FEA20-, KES 5,024,999) are ideal for businesses expanding their fleets on a budget.
  • Operational Efficiency: The Canter’s low fuel consumption (avg. 12.5 l/100 km) and robust construction reduce operating costs, appealing to logistics firms.

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 Mitsubishi Fuso Canter FBA20- (CRSP KES 6,378,318, 2990cc, 2018 model):

  • Depreciation: 65% (2018 model) → Customs Value = 6,378,318 × (1 – 0.65) = KES 2,232,411
  • Import Duty: 35% of 2,232,411 = KES 781,344
  • Excise Duty: 25% of (2,232,411 + 781,344) = KES 753,439
  • VAT: 16% of (2,232,411 + 781,344 + 753,439) = KES 602,751
  • IDF: 3.5% of 2,232,411 = KES 78,134
  • RDL: 2% of 2,232,411 = KES 44,648
  • Total Taxes (approx.): KES 2,260,316
  • Total Landed Cost: KES 2,232,411 + 2,260,316 = KES 4,492,727

This calculation illustrates how CRSP and depreciation impact the final cost of importing a truck.

Strategies for Navigating the New CRSP Schedule

  1. For Importers:
    • Prioritize models like the CANTER BASEGRADE (FBA20-, KES 4,694,823) or CANTER (FEA20-, KES 5,024,999) to minimize tax burdens.
    • Source vehicles from Japan for better pricing and clear histories, leveraging dealers like CAR FROM JAPAN for streamlined imports.
    • Import older models (e.g., 2018) to benefit from depreciation and reduce customs values.
  2. For Dealers:
    • Offer financing or hire-purchase options for high-value models like the CANTER LONG (FEB50-, KES 20,428,216) to attract buyers.
    • Promote the Canter’s versatility, fuel efficiency, and local assembly by Associated Vehicle Assemblers Limited (AVA) to appeal to Kenyan businesses.
    • Collaborate with customs agents to ensure accurate valuation and streamline clearance processes.
  3. For Businesses and Consumers:
    • Compare CRSP values to identify cost-effective models like the CANTER (FEA20-, KES 5,024,999) or CANTER ALL LOW FLOOR (FBA20-, KES 6,666,658).
    • Consider importing through reliable agents like Bestcarsforsaleinkenya.co.ke to save 10%-20% on costs compared to local purchases.
    • Verify chassis codes and documentation to ensure accurate valuation and avoid customs disputes.

The Future of Mitsubishi Fuso Canter Trucks in Kenya

The 2025 CRSP schedule solidifies the Mitsubishi Fuso Canter’s position as a leading light-duty truck in Kenya’s commercial vehicle market, with models like the FBA20- and FEA20- appealing to small businesses, while long and dump variants like FEB50- and FEBM0- target heavy-duty applications. The Canter’s local assembly by Associated Vehicle Assemblers Limited (AVA) and its reputation for reliability and low running costs enhance its appeal. As Kenya’s logistics and construction sectors grow, demand for versatile trucks like the Canter is expected to rise. The anticipated shift to an invoice-based valuation system by July 2025 could streamline costs, benefiting importers and businesses. With competitors like the Isuzu Elf and Nissan Cabstar, the Canter’s superior handling and customization options give it a competitive edge.

The KRA’s 2025 CRSP schedule for Mitsubishi Fuso Canter trucks, effective July 1, 2025, introduces updated valuations that shape the cost of importing light-duty commercial vehicles. By understanding these changes, importers, dealers, and businesses can make informed decisions in Kenya’s dynamic commercial vehicle market. From the efficient FBA20- to the robust FEB50-, the Mitsubishi Fuso Canter offers a truck for every commercial need. Stay proactive, verify valuations, and adopt strategic planning to thrive in this competitive landscape.