Section 486 of the Indian Penal Code (IPC) deals with the offense of selling goods marked with a counterfeit property mark.
Selling Counterfeit Goods: This section applies when a person sells goods that are marked with a counterfeit property mark. A property mark refers to a mark, symbol, label, or any distinctive sign that is used to identify the origin, quality, or ownership of goods. A counterfeit property mark is a fake or unauthorized mark that imitates a genuine property mark, usually with the intention to deceive the buyer into thinking the goods are authentic or come from a certain source.
Intent: The person selling the goods must know or should have reason to know that the goods are marked with a counterfeit property mark. Selling counterfeit goods often happens to deceive the consumer about the authenticity, quality, or origin of the product.
Imprisonment: The punishment for selling goods marked with a counterfeit property mark under Section 486 IPC is:
Fine: The offender may also be liable to pay a fine, or both imprisonment and fine.