Using as genuine, forged or counterfeit coin, Government stamp, currency-notes or bank-notes

What this section does

This section punishes the import, export, sale, delivery, purchase, receipt, trafficking, or use as genuine of any forged or counterfeit coin, Government stamp, currency-note, or bank-note, where the accused knows or has reason to believe it to be forged or counterfeit.

AI-generated plain-language summary. For the binding statutory text, see India Code (official).

Quick reference

Punishment

Imprisonment for life, or imprisonment of either description for a term up to ten years, and also liable to fine.

Triable by

Sessions Court

Cognizable

Yes

Bailable

No

Compoundable

No

Ingredients (what prosecution must prove)

1. The accused imported, exported, sold, delivered, bought, received, trafficked in, or used as genuine a forged or counterfeit coin, stamp, currency-note, or bank-note
2. The accused knew or had reason to believe the item to be forged or counterfeit at the time of the act

Derived from IPC s.489B.