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In Practice >> Business Chat >> Some points about importing goods
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Message started by wenkinnoc on Mar 17th, 2007 at 8:15pm

Title: Some points about importing goods
Post by wenkinnoc on Mar 17th, 2007 at 8:15pm
Be very careful as to importing goods esp from the likes of china. it can be all too tempting to buy branded goods such as ipods and game consoles when they are sold  at far below at their market value. There are several points to note:

1) Unless you are licensed to sell the goods in question, then you will fidn your goods seized by Customs and yourself liable for a criminal offence as well as breach of copyright and intellectual copyright.

2)The goods sold are usually replicas or counterfeit, sometimes of a remarkable and uncanny similairty to their original counterparts, regardless they are fake. Attempting to sell them as the original article will find yourself liable for both criminal and civil actions.

3) Be very selective as to what money transfer method you use, Western Union is a big no no! Untraceable moeny transfer? Money laundering and fraud are simply childs play with these e-transfer services so you have been warned.

Title: Re: Some points about importing goods
Post by simba on Mar 18th, 2007 at 11:51am
Importing from China is highly dangerous.

China is the largest exporter of counterfeit goods in the World.

In order to trade safely, always be licensed.

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