Question: What Is A GREY Or Parallel Import?

Are parallel imports the real thing?

Parallel imports are genuine.

Pirated or counterfeit goods are fake versions made by people other than the original manufacturer..

Is it safe to buy gray market cameras?

Gray market is OK when the dealer identifies it as such, but is fraudulent when hidden. It cheats you out of product support and warranty service in the process.

Why is Panamoz so cheap?

It’s cheaper because you aren’t paying any import duty. You also don’t get any manufacturer’s warranty the warranty is with Panamoz who are pretty good to be fair but as with any small business they could easily go belly up over night leaving you with no warranty.

Are parallel imported perfumes fake?

So what’s the deal with parallel imports? Well, they’re perfectly legal, for starters. They are not fake goods; they are genuine, but not intended for the market in which they are being sold.

Malaysian laws generally do not prohibit the importation and sale of parallel goods. What is prohibited are counterfeit or ‘pirated’ goods. Counterfeit goods are essentially fake and unauthorized replication of the original products not originating from the trade mark proprietor.

What is a parallel export?

Parallel exporting means buying medicines placed on the market in the UK for UK patients so that you can sell them in another country in the European Economic Area ( EEA ). You cannot parallel export medicines on the restricted medicines list.

Why are parallel imports cheaper?

Parallel import cars are cheaper As mentioned before, authorised dealers have a lot of expensive requirements. They need stunning showrooms, a huge staff, marketing activities, etc. The cost of those overheads is factored into their car prices.

What is the difference between GREY and parallel import?

Parallel import bikes are generally easier to insure than grey imports. That’s because they’re almost an exact copy of the bikes available in the UK. Grey imports are more of an issue for insurers. Being produced outside of the EU means that the parts are not easily available.

What does GREY import mean?

Grey import vehicles are new or used motor vehicles and motorcycles legally imported from another country through channels other than the maker’s official distribution system.

Is Amazon a GREY market?

Amazon isn’t a grey market. Mine came brand new with a US warranty.

Why are GREY imports cheaper?

Why Are Grey Imports Cheaper? Grey imports may be significantly cheaper than UK stock products. There are differences in the costs of running a business in the UK compared to other parts of the world – labour costs, regulatory costs etc.

What is the 25 year rule?

This is thanks to a legal clause known as the 25-year rule, which states that certain makes and models of car that would have previously not been certified for import or use in America can now be imported as antiques. …

What is meant by parallel imports?

Parallel imports (or gray market goods) refer to branded goods that are imported into a market and sold there without the trademark owner’s consent in that market.

Are HDEW cameras GREY imports?

Grey Market Imports HDEW offer camera Brands such as Nikon and Cannon significantly cheaper by importing the products intended for foreign markets directly into the UK for sale which is known as a ‘Grey Market’ import. … Same materials, assembled by same people, same quality and same product.

What are GREY import cameras?

They are legal and genuine, but imported and sold unofficially. … Goods such as these are known as “grey” products or parallel imports. According to the International Trademark Association (INTA), these goods are genuine in that they have been manufactured by, or for or under licence from, the brand owner.