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 Cash Instrument (Wire/ACH/Zelle/Cashiers Check) will apply to your purchase. 23% BP for any buyers paying via Credit Card. Invoices usually go out at the higher rate. (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. Please notify us if you intend to pay via cash instrument and we can send a discounted invoice, or just pay at the lower BP rate amount.

Tax Rates

undefined Albany, NY

8%

1. Resellers: A sales tax exemption is allowed for companies purchasing for the purpose of resale that are REGISTERED with the State of NY and fill out Form ST120 (https://www.tax.ny.gov/pdf/current_forms/st/st120_fill_in.pdf).  OUT OF STATE BUYERS fill out Part B or Part 2 and attach with your out of state information to be exempt https://www.tax.ny.gov/pdf/current_forms/st/st120_fill_in.pdf
2. Use in Manufacturing: Exemptions will be allowed for qualified manufacturers with the completion of the New York Form ST121.  Buyer must have a NY Certificate of Authority # to be exempt for Manufacturing. (If you don’t have that you can always pay the tax & supply us with a bill of lading showing proof goods left NY) https://www.tax.ny.gov/pdf/current_forms/st/st121_fill_in.pdf
3. Shipment out of State: Sales tax must be paid and will be reimbursed if we receive the documentation before the 18th of the following month, by September 18th 2026
4. Export out of the US: Sales tax must be paid and will be reimbursed if we receive the documentation before the 18th of the following month, by September 18th 2026.
5. Exempt Organization (like a University) an exempt organization can send a form ST 119.2 – MUST BE REGISTERED WITH STATE OF NY.
6. If Buyer believes they are exempt they can request a refund from State of NY Form AU11 if they are questioning it.
7. Motor Vehicles – We do not charge sales tax on MV. Buyer pays sales taxes & register the vehicle at your DMV not thru us (the private seller completes the seller's section of the form Statement of Transaction - Sale or Gift of Motor Vehicle (DTF-802))

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.