2.3 Commercial Arithmetic II

• identify the imported and exported goods in Kenya
• compute the export duty charged on different goods exported from Kenya
• calculate the custom value of imported goods in Kenya
• compute the import duty charged on different goods
• calculate excise duty for imported goods
• compute VAT charged on imported goods
• appreciate the role of custom duties in Kenya

“How does the government raise revenue through importation and exportation of goods?”

The titles are open to everyone. Reading a lesson needs an account — sign in or create one.

1. Imports and exports of Kenya
   40 min · 1 practice tasks · quiz
   Tell imported goods from exported goods and explain why duties are charged at the border.
2. Export duty
   40 min · 1 practice tasks · quiz
   Compute the export duty charged on goods exported from Kenya.
3. The customs value
   40 min · 1 practice tasks · quiz
   Build the customs value of an imported good from its FOB value, freight and insurance.
4. Import duty
   40 min · 1 practice tasks · quiz
   Compute the import duty charged on imported goods from the customs value.
5. Excise duty
   40 min · 1 practice tasks · quiz
   Compute the excise duty on imported goods from the customs value and import duty.
6. VAT on imported goods
   40 min · 1 practice tasks · quiz
   Compute the value added tax charged on imported goods at 16%.
7. The total tax on an import
   40 min · 1 practice tasks · quiz
   Work through customs value, import duty, excise duty and VAT to find the total tax.
8. Duties and their role in Kenya
   40 min · 1 practice tasks · quiz
   Review all the duties and reflect on how they help the government and the country.