Interest on seized Indian currency applies when investigation finds no contravention or adjudication finds the currency irrelevant.

Indian currency seized under the Foreign Exchange Management Act must be returned with interest at 6% per annum where, after investigation, it is found not involved in a contravention. Interest is payable from the date of seizure until payment. During adjudication, where the seized currency is found irrelevant to the adjudication, the Adjudicating Authority may order its return with interest at the same rate.

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