Seizure powers over articles, currency and securities enable authorised officers to act where possession involves contravention of the Act. A gazetted officer authorised by the Central Government may seize any article exceeding the prescribed value, or any Indian or foreign currency or ... Summary
Seizure powers over articles, currency and securities enable authorised officers to act where possession involves contravention of the Act.
A gazetted officer authorised by the Central Government may seize any article exceeding the prescribed value, or any Indian or foreign currency or security, where the officer has reason to believe that possession or control of that article, currency or security involves a contravention of the Act.
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