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Oct 17, 2019, 11:40 AM
#1
Selling watches - customs fees
If you're buying or selling a watch to an individual in another country, who pays customs fees? As a buyer or seller, do you discuss or negotiate it beforehand?
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Oct 17, 2019, 11:50 AM
#2
Member
The buyer in the country that imposes the customs fees always pays.
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Post Thanks / Like - 1 Likes
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Oct 17, 2019, 11:55 AM
#3
I thought it was 'a given' that the recipient is responsible for any local taxes/duties & fees.
I've never sold outside of the EU; but have had to pay VAT etc. for all imports.
In the UK the recipient gets a letter from Customs & Excise detailing owed duties/charges - If you don't pay, you don't get your parcel.
Some people have opinions - The rest of us have taste.
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Post Thanks / Like - 1 Likes
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Oct 17, 2019, 11:56 AM
#4
Originally Posted by
ro63rto
The buyer in the country that imposes the customs fees always pays.
agree
sharky
one of the most original good guys their was never anything but a true friend "the daito to my shoto"
rest easy good buddy
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Oct 17, 2019, 12:13 PM
#5
Member
Pretty much what they've said. I've sold watches all over the world, and it's always the buyer who pay the fees (if applicable of course).
I've also bought watches from many countries, and have never had to pay an additional fee.
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Oct 17, 2019, 01:37 PM
#6
Yup, buyer pays. There’s no reason for the seller to be concerned with the tariffs a buyer may have to pay.
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Oct 17, 2019, 01:41 PM
#7
Buyer pays
And the buyer should totally be aware of them ... unless he/she's been living under a rock for the past 500 years.
'Course what he/she pays is mostly down to what you declare the watch at on the forms