Kenya: KRA Clarifies New Vehicle Valuation List After Six-Year Hiatus
3 Articles
3 Articles
KRA explains revised CRSP list for used vehicles after public inquiry
Days after the Kenya Revenue Authority (KRA) confirmed plans to implement a revised Current Retail Selling Price (CRSP) list for new motor vehicles, marking the first update since 2019, various platforms have been buzzing with how the new directive would affect the motor industry starting July 1, 2025. In a follow-up statement on Friday, June […]
KRA defends new car sell protocol citing stakeholder involvement
NAIROBI, Kenya, June 6 — The Kenya Revenue Authority (KRA) has defended the rollout of its newly revised Current Retail Selling Price (CRSP) list for used motor vehicles, citing a rigorous and consultative validation process that included extensive stakeholder engagement and updated valuation data. In a statement on Friday, KRA emphasized that the updated CRSP—its first major revision since 2019—was developed through a transparent process involv…
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