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 counterfeits of the India coin
238. Import or export of counterfeits of the India coin
Whoever imports into 128[India], or exports there from, any counterfeit coin, which he knows or has reason to believe to be a counterfeit of 129[Indian coin], shall be punished with imprisonment with 188[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.