Has anyone bought from APMEX?

Discussion in 'Silver' started by Recon, Sep 30, 2011.

  1. Silverrider

    Silverrider Active Member

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    $8700 u.s. About $9500 aud
     
  2. NQDave

    NQDave Active Member Silver Stacker

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    maybe Fedex have changed there ways or maybe not ,guess time will tell.
     
  3. Guest

    Guest Guest


    American owned :(
     
  4. 940palmtx

    940palmtx New Member

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    ...and Kangaroo saddles?
     
  5. Cimexus

    Cimexus Member

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    There isn't any taxes on precious metal (gold, silver, platinum) imports. This is just a case of Fedex being clueless about Australian customs and tax laws (and thus attempting to apply import duties/taxes on them as if they were another type of good). Australian coins (kooks, lunars) etc. are still much more of a bargain here (on average) than in the US.

    I've ordered from APMEX a few times but never "from" Australia. Always used my US card and got it shipped to my US address (and picked it up next time I'm in the country). That way I don't have to worry about their ridiculously high minimum order figures for international purchases.

    I live ~1 mile from the RAM. :D I'm not a numi collector myself so I don't visit all that often, but let me know if you ever desperately need anything over the counter. Would be happy to act as a forwarder.

    (Plus I'm a dual US/Aussie citizen so I'm in the US a couple of times a year too, so can sometimes even just put stuff in the luggage and post it domestically once I land in the US - cheap!)
     
  6. alor

    alor Well-Known Member Silver Stacker

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    the government got twin engines VACUUM Money Cleaner... even the heaviest bars will be moved up. :lol:
     
  7. undftd

    undftd Member Silver Stacker

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    I have ordered from Apmex recently, my Item is in transit. Will let you know if i get lucky :)
     
  8. undftd

    undftd Member Silver Stacker

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    Update:

    Reason For Delay: Recommended Action:
    1. Description provided is insufficient to classify commodity. Shipper or Importer must provide a more detailed description of goods.
    2. Arrangement for duties and taxes is required. Importer must agree to provide payment of duties and taxes.

    I paid an amount ~$200 in GST for an order that was 50oz in silver.
    Rather than waiting for them to hold my parcel, whilst i argue that Silver Bullion is GST Exempt, i figured would be easier to just pay it, then get i back from the ATO.

    Is this the right option?
     
  9. fishball

    fishball New Member Silver Stacker

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    Pretty much... now enjoy waiting for that $200 for 3-6 months :(
     
  10. Silverrider

    Silverrider Active Member

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    It's not the G.S.T you should be concerned with it's the indirect tax...a completely different term..precious metals are input taxed at 0 % because they are g.s.t exempt in Australia...the customs site explains everything you need to know..www.customs.au..I just received nearly $10,000 of silver bullion from ampex and only paid the custom handling fees $55...
     
  11. undftd

    undftd Member Silver Stacker

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    silverrider, did apmex use Fedex for you?

    Did they attempt to charge you GST?

    cheers.
     
  12. Silverrider

    Silverrider Active Member

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    No attempt to charge G.S.T just $55 handling fee...But I had sent fedex email in advance telling them I would be expecting package that is classified G.S.T exempt and attached relevant paper work form customs site..
     
  13. coined

    coined New Member

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    I wont be purchasing from them again.
    Just got slogged with import tax.
    All too much trouble for little gain.
     
  14. undftd

    undftd Member Silver Stacker

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    I am in the process of getting my $200 GST back, i noticed on their email, they have a little notice:

    "insert name here"
    Customs Support Representative
    FedEx Australia
    Ph: 1800111112 / Fax: 02 8571 9301

    Please note: As at the 1st Dec 09, all Customs Entries requiring any amendment that are a Non-FedEx error will incur a Processing Fee of $132.00

    Assuming they are trying to deter people chasing refunds.
     
  15. jpanggy

    jpanggy Active Member

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    Took me 3-4 mths to finish my claim.

    Man, that was bad.
     
  16. tetradrachm

    tetradrachm New Member

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    I ordered from APMEX about a week ago. Fedex phoned me yesterday advising there was close to AUD500 in GST. (On a couple of gold lunars and 6 silver BU pandas.) I advised they were bullion coins and GST free. Call centre guy said Fedex would get back to me. Nothing so far. I have resigned myself to paying GST and lodging an ATO private ruling. Most comprehensive and comprehensible info I have seen on SS so far is following thread. (ATO language is denser than legal language!)
    http://forums.silverstackers.com/to...ly-for-a-private-gst-ruling-from-the-ato.html
     

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