Using as genuine, forged or counterfeit coin, Government stamp, currency-notes or bank-notes
179. Using as genuine, forged or counterfeit coin, Government stamp, currency-notes or bank-notes.
Whoever imports or exports, or sells or delivers to, or buys or receives from, any other person, or otherwise traffics or uses as genuine, any forged or counterfeit coin, stamp, currency-note or bank-note, knowing or having reason to believe the same to be forged or counterfeit, 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
179. Using as genuine, forged or counterfeit coin, Government stamp, currency-notes or bank-notes.
Import or export of counterfeit coin
237. Import or export of counterfeit coin
Whoever imports into128[India], or exports there from, any counterfeit coin, knowing or having reason to believe that the same is counterfeit, shall be punished with imprisonment of either description for a term which may extend to three years, and shall also be liable to fine.