According to Star on June 2nd, the Kenyan national tax authority has officially adopted the revised version of the Customs Retail Sales Price Determination Regulations as the standard for evaluating the dutiable value of imported second-hand cars. The announcement emphasizes that this revision has gone through three rounds of industry hearings and expert discussions, fully absorbing the opinions of major stakeholders such as the Automobile Dealers Association and the Cross border Trade Federation, and ultimately forming a pricing mechanism that balances market laws and regulatory needs. The Director General of the General Administration of Customs recommends that relevant practitioners actively study the revised terms, focusing on mastering the vehicle information comparison module and dispute appeal channel in the price declaration system, to ensure the smooth completion of customs clearance operations after the new regulations come into effect on December 1st. The Financial Affairs Management Bureau has simultaneously released implementation rules, clarifying that the tax base adopts a triple verification mechanism of vehicle purchase contracts, bank statements, and third-party evaluation reports, completely eliminating the phenomenon of low-priced customs declaration. Special introduction of vehicle age depreciation coefficient, following the depreciation model certified by the World Customs Organization, to ensure that vehicles with longer service life are subject to more reasonable tax base standards. The tax amnesty window will close at the end of this fiscal year, and those who fail to declare on time will face an administrative penalty of 150% of the tax payable.
