Car importers have opposed the Kenya Revenue Authority's (KRA) new valuation list set to take effect from July 1.
In a statement on June 4, the association warned it could crush the used car market, cause job losses and reduce tax revenue.
The Car Importers Association of Kenya (CIAK) has formally objected to the Current Retail Selling Price (CRSP) list, which KRA uses to calculate taxes on imported vehicles.
In a letter to the Commissioner of Customs and Border Control, the group said the new values are unjustified and were introduced without proper input from stakeholders. "The final list disregarded critical input from stakeholders," said Peter Otieno, the CIAK national chairman, adding, "It's like the consultations were just for show." Otieno said prices of commonly imported models had shot up by wide margins. For example, the Toyota Passo 990cc has been valued at Sh2.6 million, up 87 per cent from its previous CRSP.
