Bitmain give false?

[marvykkio]

Well guys, I give you confirmation that bitmain and a thief,

3 PSU X = 1.0129 BTC = $ 431.9768, including shipping

value declared by bitmain 533.94

You want proof?It is written in Italian, but you can translate

[VirosaGITS]

Well, they don't steal anything, they don't get anything more from this, so yeah they often mess up the value on things, i'm not sure why, but its a pain to deal with the rectifying the price declared.

[marvykkio]

excuse, if I paid $ 430 including shipping,
because he said 533.94?

you know that the more the price is high the more you pay customs?

but you're in love with bitmain all here?
always defend him? even with the evidence?
I like you steal

[VirosaGITS]

excuse, if I paid $ 430 including shipping,
because he said 533.94?

you know that the more the price is high the more you pay customs?

but you're in love with bitmain all here?
always defend him? even with the evidence?
I like you steal

You need to work on your English, i believe you are completely misunderstanding here and also using the wrong words.

Steal mean taking someone else's property. Which means by definition that Bitmain would need to gain the value of those taxes by lying about the value. They are not actually getting that amount, therefore its not theft.

However i am agreeing with you that their practices, bookkeeping and communication is horrible.

What more do you want?

[marvykkio]

for my English I help with google translator, I am sorry,

I'm pissed off because I do not understand why he said more than they cost,

[philipma1957]

for my English I help with google translator, I am sorry,

I'm pissed off because I do not understand why he said more than they cost,

I get 492.75 if I order today.

so that is about 40 usd wrong.  they should give you a $50 or 75$ coupon.

but they are not a thief .

[VirosaGITS]

for my English I help with google translator, I am sorry,

I'm pissed off because I do not understand why he said more than they cost,

I get 492.75 if I order today.

so that is about 40 usd wrong.  they should give you a $50 or 75$ coupon.

but they are not a thief .

Also, shipping costs are not supposed to be included in the value of the item. You can ship a box full of rocks that is going to be worth 1cent, shipping 100$, the value to be declared is 1cent.

Still i do not understand either way, how Bitmain come up with their reported value.

[dogie]

Price of import = sale price of items (or fair value) + shipping ACTUAL cost. The amount you were charged for shipping was possibly less than it actually cost to ship, meaning the declared value comes out higher. + exchange variations.

[notlist3d]

for my English I help with google translator, I am sorry,

I'm pissed off because I do not understand why he said more than they cost,

I get 492.75 if I order today.

so that is about 40 usd wrong.  they should give you a $50 or 75$ coupon.

but they are not a thief .

I would agree take a step back and breath.  Then go ask bitmain what hapened, I don't know if they can explain it or how it happened.  It would be interesting to see how they got the number.

But you will have much better luck emailing and asking them.  It might sound stupid but I would start off nice not calling them thief or let emotion take over. I think you will have better results if you talk to them and do it nicely.  Again it might not matter but in all my time I have had better luck asking companies nicely if something was wrong then getting emotional.

[philipma1957]

for my English I help with google translator, I am sorry,

I'm pissed off because I do not understand why he said more than they cost,

I get 492.75 if I order today.

so that is about 40 usd wrong.  they should give you a $50 or 75$ coupon.

but they are not a thief .

Also, shipping costs are not supposed to be included in the value of the item. You can ship a box full of rocks that is going to be worth 1cent, shipping 100$, the value to be declared is 1cent.

Still i do not understand either way, how Bitmain come up with their reported value.

USA law varies  State to State.  In New Jersey  If I sold the 3 psu's and shipped them and my out of pocket was the 492 I would have to collect sales tax and give it to the state.  sales tax is 7%  so I would charge 7% of 492 = 34.30 usd so the buyer would owe 492 + 34.30 or 536.30

This would be for a sale completely inside NJ.

Bitmain is doing a China to Italy sale..  I have no idea how they are tasked to report it.  But 492 would not be far off in some places.

So is 533 really far off Based on Chinese and Italian laws and treaties along with European vat. I do not know.

 You need someone that knows all the laws involved since I know some places take the shipping into account for tax purposes.

[VirosaGITS]

for my English I help with google translator, I am sorry,

I'm pissed off because I do not understand why he said more than they cost,

I get 492.75 if I order today.

so that is about 40 usd wrong.  they should give you a $50 or 75$ coupon.

but they are not a thief .

Also, shipping costs are not supposed to be included in the value of the item. You can ship a box full of rocks that is going to be worth 1cent, shipping 100$, the value to be declared is 1cent.

Still i do not understand either way, how Bitmain come up with their reported value.

USA law varies  State to State.  In New Jersey  If I sold the 3 psu's and shipped them and my out of pocket was the 492 I would have to collect sales tax and give it to the state.  sales tax is 7%  so I would charge 7% of 492 = 34.30 usd so the buyer would owe 492 + 34.30 or 536.30

This would be for a sale completely inside NJ.

Bitmain is doing a China to Italy sale..  I have no idea how they are tasked to report it.  But 492 would not be far off in some places.

So is 533 really far off Based on Chinese and Italian laws and treaties along with European vat. I do not know.

 You need someone that knows all the laws involved since I know some places take the shipping into account for tax purposes.

Right, and i was basing my statement on my personal experience when dealing with import to Québec from China, as i've had to complain a few times as they messed up the amount. I did not have to pay import tax for services, but i've had varying experience with this depending on which shipping company i dealt with. (FedEx being by far the worse)

[J4bberwock]

for my English I help with google translator, I am sorry,

I'm pissed off because I do not understand why he said more than they cost,

Do you have the proforma invoice from Bitmain that Fedex used for the calculations?
When there is no separate amount declared for Shipping, Fedex and DHL (probably UPS too) will add an arbitrary shipping charge amount to the invoice before they calculate VAT.
It's also possible that at the time Bitmain exported the items, the value increased because BTC exchange rate changed.
You paid a BTC value, not a US$ value, so it's possible that they edited the US$ value at the time of shipping.

I also saw somewhere that Bitmain is getting money back from Chinese governement based on the exported value.
If it's true and proven, overvaluating exported items (chosing the best exchange rate between sale time and shipping time) may be a way to make more income.

[adaseb]

Maybe they wrote down that price because BTC had a higher value that day. They go off the current value of BTC instead of the past value when you paid.

[Tupsu]

excuse, if I paid $ 430 including shipping,
because he said 533.94?

you know that the more the price is high the more you pay customs?

but you're in love with bitmain all here?
always defend him? even with the evidence?
I like you steal

It is simply not possible., that you paid $ 430 including shipping.

PSU is with fixed  price 140 USD
Shipping is fixed   price in USD.

3x 140=420USD for 3 PSU

FEDEX shipping costs for 6,9 kg from China to Italy can not be only 10USD

[dogie]

I paid $ 430 including shipping

It is simply not possible., that you paid $ 430 including shipping.

And even if he was, the courier declares the actual / tariff shipping charge and not the $10 he was actually charged.

[chalkboard17]

Price of import = sale price of items (or fair value) + shipping ACTUAL cost. The amount you were charged for shipping was possibly less than it actually cost to ship, meaning the declared value comes out higher. + exchange variations.

That's a lie. You are to be charged on the value you PAID for. You cannot be taxed anywhere in the world for something you didn't pay, regardless of the company eating the shipping price or not. And Bitmain doesn't decrease the actual shipping price. If anything they increase it.

Well, they don't steal anything, they don't get anything more from this, so yeah they often mess up the value on things, i'm not sure why, but its a pain to deal with the rectifying the price declared.

They get 17% from chinese government out of everything they export, or what they say they do.

[PassThePopcorn]

They get 17% from chinese government out of everything they export, or what they say they do.

If this is true, everyone who was charged a higher rate by customs should contact their carrier and dispute the customs charges. Provide the invoice given to you by Bitmain at the time of purchase that shows the dollar value you paid.

DHL is capable of doing this, but I'm not sure of the others.

[toptek]

he used FedEx bad idea they do tend to charge after the fact then lie to you, i had it happen a few times i avoid FedEx as much as i can. they may be the cheapest shipper Bitmain offers but are they really . when all  is said and done.when I order from Bitmain now i just pay the extra in shipping less pain and no hidden bills in the mail . it may have been the shipper and Bitmain both but I wouldn't call it stealing yet , find out what happen first .

They get 17% from chinese government out of everything they export, or what they say they do.

If this is true, everyone who was charged a higher rate by customs should contact their carrier and dispute the customs charges. Provide the invoice given to you by Bitmain at the time of purchase that shows the dollar value you paid.

DHL is capable of doing this, but I'm not sure of the others.

They can at least i know UPS can, i don't trust FEDEX they did steal from me. Got a feeling it's more the shipper , Bitmain does come thu and doesn't steal they make big mistakes at times but make good .


I did that one time with FedEx and was told I would not be charged they did any way and on top of that told me custom charged them what the bill said  but it wasn't, it even said what the other addon charge was on the bill after i pointed that out, i was told no charge then they charged me any way to my CC, i had on file with them, i don't file my cc info with them any more, only use them if i have to .

@ marvykkio

Just be care full what shipper you use and pay that little extra no pain and supersizes, later on.  That Might cost more.

[charles2k]

I had last year the same problem (and some of my friends too). I even paid by bank transfer in USD. And higher value on invoice is in EU really problem because high VAT (more than 20%).
I NEVER had such problem with other supplier.
It seems that Bitmain has some problems with filling papers for customs office...

[mavericklm]

they just don't care!!! simple as that!

before they were a bit more flexible with the VAT, now they prefer to just make fun of clients!