SECTION 486 IPC - Indian Penal Code - Selling goods marked with a counterfeit property mark

Whoever sells, or exposes, or has in possession for sale, any goods or things with a counterfeit property mark affixed to or impressed upon the same or to or upon any case, package or other receptacle in which such goods are contained, shall, unless he proves

1. that, having taken all reasonable precautions against committing an offence against this section, he had at the time of the commission of the alleged offence no reason to suspect the genuineness of the mark, and
2. that, on demand made by or on behalf of the prosecutor, he gave all the information in his power with respect to the persons from whom he obtained such goods or things, or
3. that otherwise he had acted innocently, be punished with imprisonment of either description for a term which may extend to one year, or with fine, or with both.

IPC 486 in Simple Words

If someone sells or possesses goods with a counterfeit property mark and cannot prove that they took reasonable precautions, had no reason to suspect the mark's genuineness, provided information about the source of the goods when asked, or acted innocently, they can be punished with imprisonment for up to one year, a fine, or both.