Penalty

Nature of Offence

Penalty

Additional Fine

False statement or representation or concealment of material facts for obtaining registration or prior permission

Imprisonment up to 6 months and/or fine

---

Violating prohibitory orders in respect of any articles or currency or security

Imprisonment up to 3 years and/or fine

Additional fine equivalent to market value of article or the amount of currency or security in respect of which prohibitory order is passed

Accepting or assisting in accepting FC in contravention of this Act

Imprisonment up to 5 years and/or fine

---

Any other failure not specifically dealt with in the Act

Imprisonment up to 1 year and/or fine

---

  • A person who has been convicted more than once for offence relating to acceptance or utilisation of FC is prohibited from accepting any FC for a period of 5 years.
  • Any person convicted of an FC offence relating to any article, currency or security would also be liable to fine up to 5 times the value of the article or currency or ₹ 1,000 whichever is more, if article or currency is not available for confiscation.
  • Compounding of certain offences is now possible.