Section 24, Conservation of Foreign Exchange and Prevention of Smuggling Activities Act, 1974 [S1P-HCN]
As at 6 September 2026. In force from 10 October 1975 by S.O. 1979(E) [N11-Y7A].
24. Penalty for contravention.—(1) Whoever contravenes the provisions of section 4 or section 5 shall be punishable with fine which may extend to fifty lakh rupees, and in the case of a continuing contravention, with an additional fine which may extend to one lakh rupees for every day during which the contravention continues after conviction for the first such contravention. (2) Whoever contravenes any other provision of this Act or the rules made thereunder, for which no penalty is elsewhere provided, shall be punishable with fine which may extend to ten thousand rupees.
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Made under this section, or naming it (0)
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Cited by (1)
Section 2, Conservation of Foreign Exchange and Prevention of Smuggling Activities Act (Amendment) Act, 1991 [S1W-HWA], 28 January 1991, Band A. "section 24 of the Conservation of Foreign Exchange and Prevention of Smuggling Activities Act, 1974 (52 of 1974)".
Not held (0)
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