Making or Possessing instruments or materials for forging or counterfeiting coin, Government stamp, currency-notes or bank-notes
181. Making or Possessing instruments or materials for forging or counterfeiting coin, Government stamp, currency-notes or bank-notes.
Whoever makes or mends, or performs any part of the process of making or mending, or buys or sells or disposes of, or has in his possession, any machinery, die, or instrument or material for the purpose of being used, or knowing or having reason to believe that it is intended to be used, for forging or counterfeiting any coin, stamp issued by Government for the purpose of revenue, currency-note or bank-note, shall be punished with imprisonment for life, or with imprisonment of either description for a term which may extend to ten years, and shall also be liable to fine.
Notes
181. Making or possessing instruments or materials for forging or counterfeiting coin, Government stamp, currency-notes or bank-notes.
Possession of instrument, or material for the purpose of using the same for counterfeiting coin
235. Possession of instrument, or material for the purpose of using the same for counterfeiting coin
Whoever is in possession of any instrument or material, for the purpose of using the same for counterfeiting coin, or knowing or having reason to believe that the same is intended to be used for that purpose, shall be punished with imprisonment of either description for a term which may extend to three years, and shall also be liable to fine;
if Indian coin- and if the coin to be counterfeited is 128[Indian coin], shall be punished with imprisonment of either description for a term which may extend to ten years, and shall also be liable to fine.