To protect consumers' right to know and ensure the transparency and compliance of our company's (Shenzhen Xingersi Technology Co., Ltd) financial and tax handling, we hereby issue this policy announcement to clarify the pricing composition principles of our online sales.

I. Total Price Composition and Collection/Payment on Behalf Principle

The total price you pay for electric skateboards purchased on this website (tyneeboard.com) is the total price including freight. This total price is strictly divided into the following two independent parts:

1. Commodity Sales Price: Accounting for 80% of the total price including freight. This is the value of the electric skateboards themselves and constitutes our sales revenue.

2. Freight Collected and Paid on Behalf: Accounting for 20% of the total price including freight. This portion of the payment is the freight you entrust our company to pay to the logistics service provider. Our company acts solely as a collecting and paying agent in this process, and this does not constitute our sales revenue.

Here is an example of how much you will pay for your Tynee board:

Model Price Commodity Price Freight Collected on Behalf (of the Customer)
Mini 3 SL $369 $295.20 $73.80
Ultra  $379 $303.20 $75.80
Stinger $739 $591.20 $147.80
Mini 3 $639 $511.20 $127.80
Mini 3 Pro $739 $591.20 $147.80
Mini 3 Max $899 $719.20 $179.80
Ultra X Pro $799 $639.20 $159.80
Explorer $979 $783.20 $195.80
Explorer Pro $1199 $959.20 $239.80

 

II. Operational Process and Confirmation

To implement the above principles, you will see clear information display during the transaction:

• Checkout Page: When you confirm your order and proceed to payment, the page will clearly itemize "Commodity Sales Price (80%)" and "Freight Collected and Paid on Behalf (20%)", showing the total sum.

• Important Confirmation: Your completion of the payment operation signifies that you have understood and agreed to the above price composition and have entrusted our company to pay this freight on your behalf.

• Records and Vouchers: The order confirmation email and related records you receive will clearly reflect the separation of the aforementioned amounts.

III. Tax Handling Explanation

Based on the aforementioned principle of fee separation and collection/payment on behalf, when our company declares and pays Value-Added Tax (VAT) to the competent tax authorities, only the "Commodity Sales Price" (i.e., 80% of the total price) will be used as the taxable sales amount. The "Freight Collected and Paid on Behalf" (i.e., 20% of the total price) is treated as a collection item and is not included in the VAT tax base for goods sales. This practice aims to strictly comply with the relevant national tax laws and regulations .

IV. Contact Us

If you have any questions about this policy, please contact us via:

• Customer Service Email: info@tyneeboard.com