DIRECT IMPORTS TO KENYA

DEPRECIATION FOR DIRECT IMPORTS

0 - 6 months Over 6 months 1 - 2 years 2 - 3 years 3 - 4 years 4 - 5 years 5 - 6 years 6 - 7 years 7 - 8 years 5% 10% 15% 20% 30% 40% 50% 60% 70%

TABULATION FOR MVs WITH IMPORT DUTY, EXCISE DUTY & VAT - Direct Imports
GUIDELINE SUBJECT TO VERIFICATION

Current Retail Selling Price Depreciation Extra Depreciation Customs value Import Duty 25% Excise Value Excise Duty 20% VAT Value VAT 16 % Total Taxes IDF Fees Grand Total CIF

2,820,000 70% 0% 388,966 97,241 486,207 97,241 583,448 93,352 287,834 8,752 296,586 500,000 796,586
97,241

Dep counter Current Year YOM 2006 2013 7 NO of Yrs

TOTAL 588,310

TABULATION FOR MVs WITH NO EXCISE DUTY (PICK-UPS & LORRIES) - Direct Imports GUIDELINE SUBJECT TO VERIFICATION Current Retail Selling price 1,000 Depreciation 0% Extra Depreciation 0% Customs value 552 Import Duty 25% 138 Excise Value Excise Duty 20% VAT Value 690

VAT 16% Total Taxes IDF Fees Grand Total

110 248 12 261

TABULATION FOR MVs WITH NO EXCISE DUTY & VAT (PRIME MOVERS) - Direct Imports GUIDELINE SUBJECT TO VERIFICATION Current Retail Selling price 1,000 Depreciation 0% Extra Depreciation 0% Customs value 727 Import Duty 10% 73 Excise Value Excise Duty 20% VAT Value VAT 16% Total Taxes 73 IDF Fees 16 Grand Total 89

TABULATION FOR MVs WITH NO EXCISE DUTY (TRAILERS) - Direct Imports GUIDELINE SUBJECT TO VERIFICATION Current Retail Selling price 1,000 Depreciation 0% Extra Depreciation 0% Customs value 690 Import Duty 10% 69 Excise Value Excise Duty 20% VAT Value 759 VAT 16% 121
IDF Fees 16

Total Taxes

206

TABULATION FOR Motor Cycles (<250cc) Previously Registered GUIDELINE SUBJECT TO VERIFICATION Current Retail Selling price 1,000 Depreciation 0% Extra Depreciation 0% Customs value 640 Import Duty 25% 160 Excise Value Excise Duty 20% VAT Value VAT 16% -

IDF fees Total Taxes

14 174

TABULATION FOR MVs WITH NO EXCISE DUTY & VAT (BUS 29+ SEATER) - Direct Imports GUIDELINE SUBJECT TO VERIFICATION Current Retail Selling price Depreciation Extra Depreciation Customs value Import Duty 25% Excise Value Excise Duty 20% VAT Value VAT 16% IDF Fees Total Taxes 1,000 0% 0% 640 160 14 174

TABULATION FOR MACHINERIES WITH VAT ONLY (E.g BULLDOZERS) -Direct Imports GUIDELINE SUBJECT TO VERIFICATION Current Retail Selling price Depreciation Extra Depreciation Customs value Import Duty 25% Excise Value Excise Duty 20% VAT Value VAT 16% IDF Fees Total Taxes

1,000 0% 0% 690 110 16 126

PREVIOUSLY REGISTERED IN KENYA

Depreciation for previously Registered Motor Vehicle
0- .5 years .5 - 1 years

5% 20%
35% 50% 60% 70% 75% 80% 83% 86% 89% 90% 91% 92% 93% 94% 95%

1 - 2 years 2 - 3 years 3 - 4 years 4 - 5 years 5 - 6 years 6 - 7 years 7 - 8 years 8 - 9 years 9 - 10 years 10 - 11years 11 - 12 years 12 - 13 years 13 - 14 years 14 - 15 years over 15 years

TABULATION FOR MVs WITH IMPORT DUTY, EXCISE DUTY & VAT - Previously Registered in Kenya GUIDELINE SUBJECT TO VERIFICATION Current Retail Selling Price 1,000 Depreciation 0% Extra Depreciation 0% Customs value 460 Import Duty 25% 115 Excise Value 575 Excise Duty 20% VAT Value VAT 16 % Total Taxes 115 690 110 340

2013 2006 7

Dep counter Current Year YOM NO of Yrs

TABULATION FOR MVs WITH NO EXCISE DUTY (PICK-UPS & LORRIES) - Previously Registered in Kenya GUIDELINE SUBJECT TO VERIFICATION Current Retail Selling price 1,000 Depreciation 0% Extra Depreciation 0% Customs value 552 Import Duty 25% 138 Excise Value Excise Duty 20% VAT Value 690

VAT 16% Total Taxes

110 248

TABULATION FOR MVs WITH NO EXCISE DUTY & VAT (PRIME MOVERS) - Previously Registered in Kenya GUIDELINE SUBJECT TO VERIFICATION Current Retail Selling price 1,000 Depreciation 0% Extra Depreciation 0% Customs value 727 Import Duty 10% 73 Excise Value Excise Duty 20% VAT Value VAT 16% Total Taxes 73

TABULATION FOR MVs WITH NO EXCISE DUTY (TRAILERS) - Previously Registered in Kenya GUIDELINE SUBJECT TO VERIFICATION Current Retail Selling price 1,000 Depreciation 0% Extra Depreciation 0% Customs value 627 Import Duty 10% 63 Excise Value Excise Duty 20% VAT Value 690 VAT 16% 110 Total Taxes 173

TABULATION FOR Motor Cycles (<250cc) Previously Registered in Kenya GUIDELINE SUBJECT TO VERIFICATION Current Retail Selling price 1,000 Depreciation 0% Extra Depreciation 0% Customs value 640 Import Duty 25% 160 Excise Value Excise Duty 20% VAT Value VAT 16% -

Total Taxes

160

TABULATION FOR MVs WITH NO EXCISE DUTY & VAT (BUS 29+ SEATER) - Previously Registered in Kenya GUIDELINE SUBJECT TO VERIFICATION Current Retail Selling price 1,000 Depreciation 0% Extra Depreciation 0% Customs value 640 Import Duty 25% 160 Excise Value Excise Duty 20% VAT Value VAT 16% Total Taxes 160

TABULATION FOR MACHINERIES WITH VAT ONLY (E.g BULLDOZERS) - Previously Registered in Kenya GUIDELINE SUBJECT TO VERIFICATION Current Retail Selling price 1,000 Depreciation 0% Extra Depreciation 0% Customs value 690 Import Duty 25% Excise Value Excise Duty 20% VAT Value VAT 16% 110 Total Taxes 110

CV

>>

510,000 CIF >> Ex-Rate >>

6,000 85

Local Taxes Profit Margin

Customs value Import Duty 25% Excise Value Excise Duty 20% VAT Value VAT 16 % Total Taxes IDF Fees Grand Total

510,000 127,500 637,500 127,500 765,000 122,400 377,400 11,475 388,875

127,500.00

CRSP

1,026,375.00