https://www.taxtmi.com/manuals?id=3011 The Central Government may prohibit any person from paying, delivering, transferring or otherwise dealing with any article, currency or security accepted in contravention of the Act, by written order served in the prescribed manner; specified provisions of the Unlawful Activities (Prevention) Act apply to such items. Contravention of a prohibitory order is a criminal offence attracting imprisonment or fine or both, and the court may impose an additional fine equivalent to the market value of the article, currency or security. Where an item is liable to confiscation, the court may impose an enhanced fine up to multiple times its value or a statutory minimum, and may impose a fine even if the item is not available for confiscation. en-us Wed, 12 Jul 2023 18:06:00 +0530 Mon, 24 Jul 2023 18:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=3011 The Central Government may prohibit any person from paying, delivering, transferring or otherwise dealing with any article, currency or security accepted in contravention of the Act, by written order served in the prescribed manner; specified provisions of the Unlawful Activities (Prevention) Act apply to such items. Contravention of a prohibitory order is a criminal offence attracting imprisonment or fine or both, and the court may impose an additional fine equivalent to the market value of the article, currency or security. Where an item is liable to confiscation, the court may impose an enhanced fine up to multiple times its value or a statutory minimum, and may impose a fine even if the item is not available for confiscation. Manuals FEMA Wed, 12 Jul 2023 18:06:00 +0530 https://www.taxtmi.com/manuals?id=3011