180. Whoever has in his possession any forged or counterfeit coin, stamp, currency-note or bank-note, knowing or having reason to believe the same to be forged or counterfeit and intending to use the same as genuine or that it may be used as genuine, shall be punished with imprisonment of either description for a term which may extend to seven years, or with fine, or with both. Explanation.—If a person establishes the possession of the forged or counterfeit coin, stamp, currency-note or bank-note to be from a lawful source, it shall not constitute an offence under this section.
IPC Section 242 in BNS: Section 180
Possession of counterfeit coin by person who knew it to be counterfeit when he became possessed thereof
Section 242 of the Indian Penal Code, 1860 (Possession of counterfeit coin by person who knew it to be counterfeit when he became possessed thereof) corresponds to Section 180 of the Bharatiya Nyaya Sanhita, 2023, in force from 1 July 2024. Under the BNSS First Schedule, BNS 180 is cognizable, non-bailable, triable by Court of Session; punishment: Imprisonment for 7 years, or fine, or both.
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Bail, cognizability and punishment
| Section | Offence | Punishment | Cognizable | Bailable | Triable by |
|---|---|---|---|---|---|
| 180 | Possession of forged or counterfeit coin, Government stamp, currency-notes or bank-notes. | Imprisonment for 7 years, or fine, or both. | Cognizable | Non-bailable | Court of Session |
Source: BNSS, 2023, First Schedule, Part I.
The BNS applies to offences committed on or after 1 July 2024. Offences committed earlier are charged and tried under the IPC.
Text of BNS Section 180
Full BNS Section 180 and every IPC section it replaced →
Other IPC sections now in BNS 180
- IPC 243 → BNS 180
- IPC 252 → BNS 180
- IPC 253 → BNS 180
- IPC 259 → BNS 180
- IPC 489C → BNS 180
Ask CaseMinister about IPC 242 / BNS 180
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