IPC Section 237 — Import or export of counterfeit coin
offences relating to coin and government stamps
Criminal
Punishment
Imprisonment up to 3 years and fine
As the section puts it: “shall be punished with imprisonment of either description for a term which may extend to three years, and shall also be liable to fine”
Summary
If a person brings any counterfeit coin into India, or sends any counterfeit coin out of India, and they know or have reason to believe that the coin is fake, they can be sent to prison for up to three years and may also have to pay a fine.
Official Text
Whoever imports into India, or exports therefrom, any counterfeit coin, knowingly 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.
Old <-> New Code Mapping
- BNS §179 — Using as genuine, forged or counterfeit coin, Government stamp, currency-notes or bank-notes