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Photographic equipment
Generally regarded as legal in most countries, parallel imports make expensive photographic equipment attractive to savvy users. The grey market in photographic equipment is thriving in highly developed and heavily taxed states like
Singapore, with dealers importing directly from lower taxed states and selling at a lower price, creating competition against a local
authorised distributor. Grey sets, as colloquially called, are often comparable to authorised imports.
Lenses or
flash units of parallel imports often only differ by the warranty provided, and since the grey sets were manufactured for another state, photographic equipment manufacturers often offer local
warranty, instead of international warranty, which will render grey sets ineligible for warranty claims with the
manufacturer. Due to the nature of local warranties, importers of grey sets usually offer their own warranty schemes with reduced benefits or lasting a shorter period of time. Grey sets do not differ particularly from an authorised import. They look and function identically, apart from the manufacturer's warranties having been voided