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of <h1>Currency Seizure Rule Ensures Fair Compensation: Rightful Owners Receive 6% Annual Interest If No Violation Found</h1> A statutory provision under Foreign Exchange Management Rules addressing interest payment on seized Indian currency. If investigation determines seized currency is not involved in a contravention, it shall be returned to the rightful owner with 6% per annum interest calculated from seizure date until payment. The Adjudicating Authority can order currency return with similar interest terms during adjudication proceedings.
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