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Old 25 November 2009, 08:11 AM   #1
Poohsan
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Watch breakout information form - Fedex

What is a watch breakout information form?

I have a watch being sent from Japan via Fed Ex. The watch ahs been held up until I fill out a watch breakout information form. What will happen when I do this? Will I now need to pay an import tax on this used watch?

Arron
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Old 25 November 2009, 08:20 AM   #2
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I have one. BRB...
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Old 25 November 2009, 08:25 AM   #3
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Actually its in PDF form...

Anyway, itsa form that declares wether you are a 'business' or 'end user', and as you are an 'end user' you would have to give them your social security number and other info before they release it from customs...
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Old 25 November 2009, 08:44 AM   #4
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I'm not sure if the shipping invoice was filled out correctly. I'm worried that Fed Ex will want me to pay an import tax.
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Old 25 November 2009, 08:58 AM   #5
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Let me send this question to my FedEx rep and see what he says. I'll let you know ASAP...
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Old 25 November 2009, 09:00 AM   #6
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Good luck.. I hate paying custom duties.. and taxes...
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Old 25 November 2009, 09:11 AM   #7
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Yah. Take all my money in taxes ten spend it on things I wouldn't.
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Old 25 November 2009, 09:12 AM   #8
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Quote:
Originally Posted by smallcandle View Post
Let me send this question to my FedEx rep and see what he says. I'll let you know ASAP...
My bad. The form you are asking about, should have been sent by the seller to FEDEX. This form is NOT YOUR RESPONSIBILITY...
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Old 25 November 2009, 10:25 AM   #9
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The watch was shipped by a family member. They did not fill out the forms correctly they only stated "watch", and checked that it was a gift. FedEx contacted me and asked to fill out the form.
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Old 25 November 2009, 10:30 AM   #10
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Quote:
Originally Posted by Poohsan View Post
I'm not sure if the shipping invoice was filled out correctly. I'm worried that Fed Ex will want me to pay an import tax.
FedEx will not require you to pay anything extra...

The Federal Customs Office will. It is Customs who are likely holding up the watch and you need to deal with them to make the proper declaration, pay customs duties and fees, then they will release the watch and FedEx can deliver it..
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Old 25 November 2009, 10:37 AM   #11
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Quote:
Originally Posted by moviefreak View Post
Good luck.. I hate paying custom duties.. and taxes...
LOL, come on, does anyone?
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Old 25 November 2009, 12:21 PM   #12
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You will get a bill in the mail in a couple months from FedEx import services most likely (my last was shipped via UPS so I got the bill from them)

What kind of watch are you importing? If its a Rolex it may never get to you.

If it isn't a Rolex expect to pay a couple % of its value.
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Old 25 November 2009, 01:39 PM   #13
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ask vitix. our member here on trf. he works for fed ex
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Old 25 November 2009, 04:00 PM   #14
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Next time send it EMS and you won't have to pay squat.
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Old 25 November 2009, 04:11 PM   #15
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Tax rate is 2.5% I believe
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Old 26 November 2009, 01:19 AM   #16
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Here'sa copy of the forms FEDEX AND US CUSTOMS uses to get your fine timepiece from point A to point B...



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Old 26 November 2009, 08:20 AM   #17
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Thanks for the help all.
I found out some good information when I contacted Customs.
Hopefully the watch will get back on its way.
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Old 26 November 2009, 08:40 AM   #18
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Recently I receive a Panerai watch valued at $4000 from an individual in Hong Kong. I was required by Fed Ex to fill out the watch worksheet which was provided via a PDF email file.
The declared value was $2000 (50%) for the movement, $1200 (30%) for the case and $800 (20%) for the strap.
I was able to fax the worksheet back to Fed Ex the same day and the watch was delivered the following day.
The total of duty and taxes was $101.13 including a $25 customs fee that Fed Ex charged for acting as the customs broker.
The total of $101.13 was 2.5% of the value of the watch.
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Old 26 November 2009, 08:59 AM   #19
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If you have to pay it will not brake the bank..most likely UNDER $100
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