Unfortunately this isnt the eBay policy for all the cases. They changed it a bit ago that now if there is an issue with the item, seller is responsible for return shipping cost.
From eBay: "If you're returning an item because it isn't as described in the listing, the seller is responsible for return shipping charges, regardless of the seller's return policy. "
So in this case, buyer just needs to say it isnt as described, and OP is on the hook for return shipping. It is really annoying and quite a crappy policy, as a lot of buyers miss use it. They will say item isnt as described (and it can be the smallest thing, eBay will side with buyer 99% of the time) and then seller will be forced to offer some sort of a refund so that they are not on the hook for return shipping. For watches return shipping is small, but for something big, like guitars for example, it can be $50+
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