What Is Meant By Parallel Imports?

What is a parallel import fragrance?

Parallel imported perfume have been imported without the approval or licence of the registered owner of that trade mark, and no guarantee or warranty in respect of such goods will be honoured or fulfilled by any official or licensed importer of such goods..

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.

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.

How are parallel imports regulated?

Parallel import (simple) A simple parallel import licence can be granted when: the holder of the UK marketing authorisation and the holder of the marketing authorisation for the product to be imported from a Member State are held by companies in the same group.

Is parallel importing illegal in Singapore?

Parallel imports are permitted–unless they are not: the case of SAMSONITE in Singapore. … Therefore, if goods had first been “put on the (overseas) market” with the consent of the trade mark proprietor, he can no longer object to their sale if they are thereafter brought into Singapore by a parallel importer.

What is the meaning of parallel import?

A parallel import is a non-counterfeit product imported from another country without the permission of the intellectual property owner. Parallel imports are often referred to as grey product and are implicated in issues of international trade, and intellectual property. … Some countries allow it but others do not.

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.

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.

Why are parallel imports cheaper?

Parallel import cars are cheaper They need stunning showrooms, a huge staff, marketing activities, etc. The cost of those overheads is factored into their car prices.

How can you tell real perfume from fake?

The original perfume will have high-quality bottles, you can know this by the smooth and fine surface while fake perfume is a bit rough and contoured. The brand name printed on the bottle is normally embossed and can’t be erased easily.

What does a GREY import mean?

A “grey import” is a product that has been imported from a country outside of the EU and therefore outside of the manufacturers authorised trading channels.

There has been a significant amendment to the Trade Marks Act 1995 which further entrenches the legality of parallel imports in Australia. … Branded goods which are imported into, or sold in, Australia are known as “grey goods” or “parallel imports”, and they are not illegal in Australia.

What is a parallel import medicine?

Parallel imports (PI), also called gray-market imports, are goods produced genuinely under protection of a trademark, patent, or copyright, placed into circulation in one market, and then imported into a second market without the authorization of the local owner of the intellectual property right.