WHAT IS GATT?[i] The General Agreement on Tariffs and Trade (GATT) is a legal agreement between many countries, whose overall purpose was to promote international trade by reducing or eliminating trade barriers such as tariffs or quotas. According to its preamble, its purpose was the “substantial reduction of tariffs and other trade barriers and the elimination of preferences, on a reciprocal and mutually advantageous basis.” The…
WHAT IS IMPORT?[i] An import is the receiving country in an export from the sending country. Importation and exportation are the defining financial transs of international trade. In international trade, the importation and exportation of goods are limited by import quotas and mandates from the customs authority. The importing and exporting jurisdictions may impose a tariff (tax) on the goods. In addition, the importation and exportation of goods…
WHAT IS PATENT? According to WIPO[i], A Patent is an exclusive right granted for an invention, which is a product or a process that provides, in general, a new way of doing something, or offers a new technical solution to a problem. To get a patent, technical information about the invention must be disclosed to…
WHAT IS COPYRIGHT? Copyright refers to the legal right of the owner of intellectual property. In simpler terms, copyright is the right to copy. This means that the original creators of products and anyone they give authorization to are the only ones with the exclusive right to reproduce the work. Copyright law gives creators of original material the exclusive…
WHAT IS TRADEMARK? According to the Indian Trademarks Act, 1999,[i] a trademark is defined as a mark, which can be represented graphically and can distinguish the goods or services of one individual from those of others. It is a sign capable of distinguishing the goods or services of one enterprise from other enterprises. WHAT IS…
WHAT IS TRADEMARK? A trademark is a type of intellectual property consisting of a recognizable sign, design, or expression which identifies products or services of a particular source from those of others. The trademark owner can be an individual, business, organization, or any legal entity. A trademark can be any word, phrase, symbol, design or…
WHAT IS PATENT? According to WIPO[i], A Patent is an exclusive right granted for an invention, which is a product or a process that provides, in general, a new way of doing something, or offers a new technical solution to a problem. To get a patent, technical information about the invention must be disclosed to…
WHAT IS GEOGRAPHICAL INDICATION? According to WIPO[i], A geographical indication (GI) is a sign used on products that have a specific geographical origin and possess qualities or a reputation that are due to that origin. In order to function as a GI, a sign must identify a product as originating in a given place. The…
WHAT IS GEOGRAPHICAL INDICATION (GI)? Section 2(1)(e) [i]of the Geographical Indications of Goods (Registration and Protection) Act, 1999, defines GI as an indication capable of identifying goods, including natural goods, agricultural goods, or manufactured goods, as manufactured or originating in a country’s territory, or a locality or region within that territory, where a specific quality,…
According to the Copyright Act. 1957, the Chapters XI and XII deals with the infringement of copyright and the remedies available against it. TYPES OF COPYRIGHT INFRINGEMENTS: Infringement of copyright can be divided into two categories: PRIMARY INFRINGEMENT; and SECONDARY INFRINGEMENT. Infringement of copyright usually occurs when a person intentionally or unintentionally copies the work…
