Rampion
Legendary
Offline
Activity: 1148
Merit: 1018
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August 28, 2013, 04:25:09 PM |
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These guys are experts in getting hundreds of thousands of chips sent abroad smoothly without incurring additional fees or tax burdens. So when Yifu claimed "stuck in customs" that wasn't going to fly at all.
AsicMiner labels their block erupters shipments as "test - pcboards" so it comes with little value.
Sorry, but the import/tax burdens are on the customer, so in this case the fact they heavily undervalue the goods on the invoice is a very good thing for the buyer, otherwise you would have to pay a shitload of money to customs (for Example, in Europe it would be at least 21% + fess)
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chanberg
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August 28, 2013, 04:25:41 PM |
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Wow so I order one day later and my order is 2 weeks later delivered...
As far as "customs problems" go, they are definitely doing something shady with customs in that the invoice for the order claimed the value as $0.04 per chip, 10k chips $440 invoice. It also prominently stated "sample chips only - no commercial value". So those are misrepresentations right on the official invoice that the customs agents read. It suits me well enough because that lowers the tax burden for all parties.
I'm having them assembled into clones by Bitmine.
Definitely wouldn't be surprised if these suckers cost 0.04 cents to make!~
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peonminer
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August 28, 2013, 07:28:53 PM |
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Please post some pictures of the chips unwrapped so we can all DROOLLLLL
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Carlton Banks
Legendary
Offline
Activity: 3430
Merit: 3080
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August 28, 2013, 08:18:46 PM |
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Wow so I order one day later and my order is 2 weeks later delivered...
As far as "customs problems" go, they are definitely doing something shady with customs in that the invoice for the order claimed the value as $0.04 per chip, 10k chips $440 invoice. It also prominently stated "sample chips only - no commercial value". So those are misrepresentations right on the official invoice that the customs agents read. It suits me well enough because that lowers the tax burden for all parties.
I'm having them assembled into clones by Bitmine.
Sorry for the bluntness, I feel it's all too necessary: it never fails to amaze my how people are all to willing to write nothing less than a signed confession statement to tax crimes that form a part of a business venture that isn't even complete yet. Am I the only one thinking FFS STFU?
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Vires in numeris
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PuertoLibre
Legendary
Offline
Activity: 1890
Merit: 1003
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August 28, 2013, 08:22:56 PM |
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Wow so I order one day later and my order is 2 weeks later delivered...
As far as "customs problems" go, they are definitely doing something shady with customs in that the invoice for the order claimed the value as $0.04 per chip, 10k chips $440 invoice. It also prominently stated "sample chips only - no commercial value". So those are misrepresentations right on the official invoice that the customs agents read. It suits me well enough because that lowers the tax burden for all parties.
I'm having them assembled into clones by Bitmine.
Sorry for the bluntness, I feel it's all too necessary: it never fails to amaze my how people are all to willing to write nothing less than a signed confession statement to tax crimes that form a part of a business venture that isn't even complete yet. Am I the only one thinking FFS STFU? I realize this as well, people really don't think half a second about what they post.
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Rampion
Legendary
Offline
Activity: 1148
Merit: 1018
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August 28, 2013, 08:28:55 PM |
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Wow so I order one day later and my order is 2 weeks later delivered...
As far as "customs problems" go, they are definitely doing something shady with customs in that the invoice for the order claimed the value as $0.04 per chip, 10k chips $440 invoice. It also prominently stated "sample chips only - no commercial value". So those are misrepresentations right on the official invoice that the customs agents read. It suits me well enough because that lowers the tax burden for all parties.
I'm having them assembled into clones by Bitmine.
Sorry for the bluntness, I feel it's all too necessary: it never fails to amaze my how people are all to willing to write nothing less than a signed confession statement to tax crimes that form a part of a business venture that isn't even complete yet. Am I the only one thinking FFS STFU? I realize this as well, people really don't think half a second about what they post. Yep, that's amazing stuff indeed.
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bystander
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August 28, 2013, 08:34:03 PM |
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These guys are experts in getting hundreds of thousands of chips sent abroad smoothly without incurring additional fees or tax burdens [for buyers]. So when Yifu claimed "stuck in customs" that wasn't going to fly at all.
AsicMiner labels their block erupters shipments as "test - pcboards" so it comes with little value.
Sorry, but the import/tax burdens are on the customer, so in this case the fact they heavily undervalue the goods on the invoice is a very good thing for the buyer, otherwise you would have to pay a shitload of money to customs (for Example, in Europe it would be at least 21% + fess) Agree that it works out well favorably for the buyer, especially in Europe. Should've clarified that in the beginning.
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SolarSilver
Legendary
Offline
Activity: 1112
Merit: 1000
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August 28, 2013, 08:56:46 PM |
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These guys are experts in getting hundreds of thousands of chips sent abroad smoothly without incurring additional fees or tax burdens [for buyers]. So when Yifu claimed "stuck in customs" that wasn't going to fly at all.
AsicMiner labels their block erupters shipments as "test - pcboards" so it comes with little value.
Sorry, but the import/tax burdens are on the customer, so in this case the fact they heavily undervalue the goods on the invoice is a very good thing for the buyer, otherwise you would have to pay a shitload of money to customs (for Example, in Europe it would be at least 21% + fess) Agree that it works out well favorably for the buyer, especially in Europe. Should've clarified that in the beginning. Actually this is a major misconception, giving an item with a fake value declaration will only cause problems for the receiver, as most customs offices do check. This causes delays, fines and extra costs that could have been avoided. With larger buyers being sometimes companies, it's causing various accounting problems too where the tax office finds out the declared value on the IM4 import docs is not in the same range as the booked expense invoice. Instant audit and fine as a result... Stop trying to do your customers a favour by declaring a low value, you are screwing over the majority of them in the long run. Guess what, as a company I don't care what the VAT is as I never pay any VAT. If you do any kind of import/export, you should get a Import VAT deferral license (E.T. 14.000 permit).
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Rampion
Legendary
Offline
Activity: 1148
Merit: 1018
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August 29, 2013, 09:14:23 AM |
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These guys are experts in getting hundreds of thousands of chips sent abroad smoothly without incurring additional fees or tax burdens [for buyers]. So when Yifu claimed "stuck in customs" that wasn't going to fly at all.
AsicMiner labels their block erupters shipments as "test - pcboards" so it comes with little value.
Sorry, but the import/tax burdens are on the customer, so in this case the fact they heavily undervalue the goods on the invoice is a very good thing for the buyer, otherwise you would have to pay a shitload of money to customs (for Example, in Europe it would be at least 21% + fess) Agree that it works out well favorably for the buyer, especially in Europe. Should've clarified that in the beginning. Actually this is a major misconception, giving an item with a fake value declaration will only cause problems for the receiver, as most customs offices do check. This causes delays, fines and extra costs that could have been avoided. With larger buyers being sometimes companies, it's causing various accounting problems too where the tax office finds out the declared value on the IM4 import docs is not in the same range as the booked expense invoice. Instant audit and fine as a result... Stop trying to do your customers a favour by declaring a low value, you are screwing over the majority of them in the long run. Guess what, as a company I don't care what the VAT is as I never pay any VAT. If you do any kind of import/export, you should get a Import VAT deferral license (E.T. 14.000 permit). This is correct. If you are a business operating completely legally you will recoup the VAT and declare the different import duties as expenses, thus a fake value on the invoice will just badly mess with your accounting. But for all the consumers who are not a registered company or for "pro" operations managed in a "shady" way, an undervalued invoice will just mean less costs they were not going to recoup anyway.
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Bitcoinorama
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August 29, 2013, 09:30:20 AM |
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These guys are experts in getting hundreds of thousands of chips sent abroad smoothly without incurring additional fees or tax burdens [for buyers]. So when Yifu claimed "stuck in customs" that wasn't going to fly at all.
AsicMiner labels their block erupters shipments as "test - pcboards" so it comes with little value.
Sorry, but the import/tax burdens are on the customer, so in this case the fact they heavily undervalue the goods on the invoice is a very good thing for the buyer, otherwise you would have to pay a shitload of money to customs (for Example, in Europe it would be at least 21% + fess) Agree that it works out well favorably for the buyer, especially in Europe. Should've clarified that in the beginning. Actually this is a major misconception, giving an item with a fake value declaration will only cause problems for the receiver, as most customs offices do check. This causes delays, fines and extra costs that could have been avoided. With larger buyers being sometimes companies, it's causing various accounting problems too where the tax office finds out the declared value on the IM4 import docs is not in the same range as the booked expense invoice. Instant audit and fine as a result... Stop trying to do your customers a favour by declaring a low value, you are screwing over the majority of them in the long run. Guess what, as a company I don't care what the VAT is as I never pay any VAT. If you do any kind of import/export, you should get a Import VAT deferral license (E.T. 14.000 permit). Indeed, futhermore, and more importantly to you, if you are subject to your valuable package of chips being 'misplaced' (lost) by the courier company chosen, who will you be compensate, or refunded for such genuinely valuable items without sufficient third party liability when the package is inadquately insured?
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Make my day! Say thanks if you found me helpful BTC Address ---> 1487ThaKjezGA6SiE8fvGcxbgJJu6XWtZp
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