I wanted to let you guys know that I received my Scottsdale silver order today. Interestingly, they included a printout of the GST exemption commentary quoting Section 40-100 in the GST Act, definition of the term 'precious metal' as defined in section 195-1 and extracts of the GSTR 2003/10. At the bottom of the page they have Input Tax = 0%. I guess the Scottsdale guys are trying their best to make it easier on our end. I have kept my orders with Scottsdale below $1,000 because I read in these forums that FedEx (who ship Scottsdale products) asked for the GST to be paid regardless and asked you seek a private ruling from the ATO. Don't know if this is still the case. Has anyone ordered more $1000 from Scottsdale recently and would like to share their experience with FedEx? If it is a pain to deal with, then I will stick with below $1000 orders. From previous posts I read the process with UPS is more straight forward (ie. sign and return a GST exemption form). Thanks!
What sort of postage fees do they apply? I assume they're in the US, must be pretty steep for 10/20oz bars ...?
Just been through this very process with UPS today for bullion - they email a Word doc, you print and sign the form, scan & email it. Cost $66 processing fee (normal for any import regardless of type) payable by credit card over phone.
this was from late nov 2010. i know that the postage has gone up a bit since: 30oz- $50 50oz- $75 60oz- $85 70oz- $93 edit: prices includes insurance + signature on delivery
Goldpelican, Thanks for sharing that info. I have ordered from APMEX recently and have a better idea now what to expect from UPS. Lakesentrance, It costs USD $45 for shipping up to 30oz. I have not gone above that yet so not sure about the shipping past that point. That's why I am curious to see if anyone has ordered above the $1,000 limit recently.
Vaunt i recently received an order for under $1,000 from scottsdale, no problems at all, shipping for 30 oz was $40.00 via FedEx. The only problem was i didn't read the full item description for the 1 Oz Bars that they have on special (free delivery USA only). If you read the full description it say they will send mixed 1 oz items of their choice not only their bars. Communication was good, prices far & delivery (other than the 2 weeks which they advertise) very smooth.
I sent them an email over 24hrs ago to place an order and have yet to hear back from them. I gave them all my details and waiting for them to send the invoice so i can pay. starting to get a bit peed off...
I sent them an email 1 week ago, and still haven't received a response. I'm not upset as I can just take my business elsewhere.
good news they processed my order and because of the delay i was able to get the coins at a cheaper price only wish the AUS dollar stayed strong and i would of got it alot more cheaper