LV bought outside US online, any problems with custom taxes?

  1. I visited this famous and trustworthy reseller website and purchased (it's on layaway) a 1600 bag. On their FAQ page, they mentioned that to prevent customs tax (helps buyers save money), they would label the package as GIFT (that'll cost less than a $100), with that they'll ship it express with tracking number and insurance.. For those of you who purchased outside US, have any problem with that??? Do I have any reason to be scared? What if it get lost in the mail or something or get damaged while in transit?? Then I might not get the bag that I want because apparently, that's the only bag they have.. in brand new condition and limited bag as well :confused1:

    What are your thoughts? :ty: