Payment Instructions
Payment is due within 48 hours of receiving invoice by wire transfer, company check with a bank letter of guarantee, certified funds, Zelle, Visa, MasterCard, American Express, or by making a deposit at a local Bank of America into our CT account.
Please Note: The Maximum Credit Card payment is $10,000 per invoice.
Currency
American Dollar ($)
Buyers Premium
20% BP for buyers paying via Cashiers Check, Company Check or Wire Transfer will apply to your purchase. 23% BP for any buyers paying via Credit Card. (Example: a $100 purchase paying by cash instrument the total with BP is $120 and a $100 purchase paying via credit card the total with BP is $123. (Invoices usually go out at the higher rate, and can be discounted or just pay at the lower BP rate amount).
Tax Rates
undefined Huntley, IL
8.25%
- Resellers: A sales tax exemption is allowed for companies purchasing for the purpose of resale. Exemptions will be allowed for qualified resellers with the completion of Illinois form CRT-61Form CRT-61 Certificate of Resale. Out of state buyers need to fill out the CRT-61 form Can also.
- Use in Manufacturing: Exemptions will be allowed for qualified manufacturers with the completion of the Illinois Form ST-587. ST-587 - Exemption Certificate (for Manufacturing, Production Agriculture, and Coal and Aggregate Mining) (Items purchases MUST be used directly in the manufacturing Buyer must submit the form to us. (Items purchased MUST be used in more than 50% in the manufacturing process.)
- Shipment out of State: Sales tax must be paid and upon proof of shipment via Common Carrier (not private carrier) then we can refund the IL sales tax; we need to receive the Bill of lading/notification of seeking a refund no later than the 18th of the following month.
We will charge Sales Tax until we are supplied with the appropriate completed US state resale or manufacturing exemption form: Sales Tax Certificates. We need this for every sale fax to 203-488-4577, or e-mail to service@thebranfordgroup.com. If you are sending in a Bill of lading to receive a refund of Sales tax; we need the document within 30 days.
All buyers are solely responsible for any and all tariffs, duties, taxes, and additional fees that may be incurred when transporting items purchased at our auction across international borders. The Branford Group does not collect or facilitate these. It is the buyer’s obligation to ensure compliance with all applicable import/export regulations and to pay any associated costs.