Indian Penal Code, 1860 · Chapter XVIII: Of Offences Relating to Documents and to Property Marks · Of currency-notes and bank-notes
Section 489B: Using as genuine, forged or counterfeit currency-notes or bank-notes
The Indian Penal Code, 1860 was repealed and replaced by the Bharatiya Nyaya Sanhita, 2023 from 1 July 2024. It still applies to offences and proceedings from before that date.
Whoever sells to, or buys or receives from, any other person, or otherwise traffics in or uses as genuine, any forged or counterfeit 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.
Corresponding sections were matched by comparing the wording of both official texts, and for the IPC and BNS, also against a published correspondence table. Wording, punishments and structure often changed, so read both sections before relying on the match.
Source: India Code (Legislative Department), the text of the Act as it stood before its repeal. Words in square brackets [ ] were inserted or substituted by later amending Acts, and *** marks words omitted by an amendment. The amendment footnotes are not reproduced here.
Supreme Court judgments citing the section 489B
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Sheikh Javed Iqbal @ Ashfaq Ansari @ Javed Ansari v. State of Uttar Pradesh
High Court whether justified in denying bail to the appellant, an under-trial prisoner prosecuted under Unlawful Activities (Prevention) Act 1967 and Penal Code, 1860 who had been in custody for more than nine years.
- Bharath Booshan Aggarwal v. State of Kerala
- Dipakbhai Jagdishchandra Patel v. State of Gujarat and Another
- State of Maharashtra v. Mrs. Bharati Chandmal Varma @Ayesha Khan
- Umashankar v. State of Chhattisgarh