Elite QandA


Is it legal to charge a restocking fee?


  1. Is it legal to charge a restocking fee?
  2. How high can a restocking fee be?
  3. Why is a restocking fee charged?
  4. Does restocking fee include tax?
  5. Why have a restocking fee?

Is it legal to charge a restocking fee?

Although state laws vary, restocking fees are generally illegal if: They are being charged in connection with the return of defective merchandise, They exceed 50% of the purchase price of the merchandise, or. The restocking fees are not adequately disclosed to the customer.

How high can a restocking fee be?

A number of companies charge “restocking fees” that that are often about 15 percent to 20 percent but can go much higher.

Why is a restocking fee charged?

A percentage of the price, usually between 15% and 25%, will be forfeited to what is commonly called a restocking fee. The reason is simple: to keep costs (and thus prices) down when dealing with the return of items that are not defective. There are a lot of costs associated with processing an order.

Does restocking fee include tax?

The charge for restocking returned merchandise is a charge for service and is not subject to tax. The retailer must refund the full sales tax reimbursement, not merely the tax on the net amount of the credit after the restocking charge.

Why have a restocking fee?

A percentage of the price, usually between 15% and 25%, will be forfeited to what is commonly called a restocking fee. The reason is simple: to keep costs (and thus prices) down when dealing with the return of items that are not defective. There are a lot of costs associated with processing an order.



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