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30 May 2022, 08:44 AM | #1 |
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Just received a VAT bill from FedEx for $1600 on a $5200 watch ???
Purchased a watched on Chrono24, it was $5200
Just received FedEx VAT and it's $1600 ??? I'm in Florida, USA , purchased the watch from The Netherlands Was not expecting that. That seems excessive, or is this normal ? Anyone if there is any way I can protest it ? All opinions, experiences welcome Thanks |
30 May 2022, 08:48 AM | #2 |
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Woof. Where did you buy it from?
I have no helpful opinions, but hopefully you can find a solution. |
30 May 2022, 08:51 AM | #3 |
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Where are you and where is the watch from?
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30 May 2022, 08:52 AM | #4 |
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30 May 2022, 09:01 AM | #5 |
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You’re pay about $1200 here in duty and tax on a watch of that value
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30 May 2022, 09:04 AM | #6 |
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Last time I checked there was no VAT in Florida?
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30 May 2022, 09:11 AM | #7 |
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I feel your pain.
I purchased a vintage gold watch bracelet from a Sotheby’s Hong Kong auction a while ago and ended up receiving a surprise Fed Ex customs bill weeks later on top of the buyer’s premium and high shipping fees. So I learned the price we pay on overseas purchases can be a lot more challenging due to excessive fees and extra taxes.
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30 May 2022, 09:16 AM | #8 |
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US import duties are incredibly complex. Id try calling FedEx and asking them to walk you through how they came to that number. Always something to be aware of
When buying a watch from outside the us. |
30 May 2022, 09:19 AM | #9 |
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Ouch.
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30 May 2022, 09:19 AM | #10 |
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Thanks, I'll call
I bought an IWC Fliegerchronograph about 20 years ago from Switzerland, think I paid like $39.00 Vat |
30 May 2022, 09:23 AM | #11 |
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If you've got proof of purchase backed up with the same identical amount on your credit card bill (many try to include a fake invoice for less than the value of the watch or get the seller to "devalue" the watch on the customs form), you should be able to dispute the charge. Remember there is about $150 "admin and documentation" fee included within that, irrespective of the value of the watch. FedEx usually provide you with a detailed invoice with a breakdown of the fees.
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30 May 2022, 09:31 AM | #12 |
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US Customs and VAT are two different things. You should clarify with Fed Ex as the broker and then with the seller.
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30 May 2022, 09:31 AM | #13 |
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What watch did you buy?
Depending on the watch and model, maybe Customs thought that price was "fake" and went with their own valuation? .nic |
30 May 2022, 10:14 AM | #14 |
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Without going into details, imho something is amiss. Call FedEx international services
1.800.247.4747 Have tracking info ready.
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30 May 2022, 10:15 AM | #15 |
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I'll try to post the pics of the bill below, but sometimes they get blocked ...
rconnelly.com/watch1.png rconnelly.com/watch2.png |
30 May 2022, 11:41 AM | #16 |
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That doesn’t seem correct given how the watch worksheet is filled out. You should call FedEx
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30 May 2022, 12:12 PM | #17 |
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The doc you shared is US Customs duty. Not VAT
The risk is someone fat-fingered something, or they randomly selected you for fraud alert and overcompensated. CBP makes mistakes, FedEx makes mistakes and the valuations on the form may not match the brand value. FedEx has already disbursed the amount that they charged you. But it’s worth opening a ticket with them. Who created the label, you or the seller? Sent from my iPhone using Tapatalk Pro
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30 May 2022, 12:18 PM | #18 | |
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do you know who they dispersed the money too ? The seller ?
The seller created the label. Quote:
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30 May 2022, 12:19 PM | #19 |
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They gave it to the US Treasury via CBP.
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30 May 2022, 12:50 PM | #20 |
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Been burned twice by US Customs (and FedEx) for big international purchases, but never that high of a percentage.
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30 May 2022, 05:58 PM | #21 |
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That’s pretty expensive for a VAT.
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30 May 2022, 07:22 PM | #22 |
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It states ‘customs duty’ on the form not VAT?
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30 May 2022, 07:25 PM | #23 | |
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Quote:
This has been asked but can you give me more details on this watch? A make, model number and year would be good.
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30 May 2022, 09:08 PM | #24 |
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30 May 2022, 09:15 PM | #25 |
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I don’t think the value is an issue and the customs duty does not fit the calculation.
Further investigation is required?
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30 May 2022, 09:17 PM | #26 |
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30 May 2022, 11:38 PM | #27 |
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Seems like about $1000 too much.
I've bought two watches from Europe and one from London and they were both under a couple of hundred dollars for watches valued at around 3 thousand and one was 6 thousand.
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31 May 2022, 02:31 AM | #28 |
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I would expect a near 30% import & vat from US to London.
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31 May 2022, 02:47 AM | #29 |
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Try 5%, there is no VAT in the USA.
OP, call FedEx, something is amiss.
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1 June 2022, 02:24 AM | #30 |
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ouch that sounds expensive. hope you get it worked out
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