https://www.taxtmi.com/caselaws?id=784467 Credible recovery evidence, supported by customs officers, independent panch witnesses, an admissible voluntary statement under Section 108 of the Customs Act, and an intact chain of custody, can establish possession of counterfeit currency. The counterfeit nature of the notes was confirmed by expert report, so the broader allegation was not accepted in full. However, the evidence did not prove sale, purchase, receipt or trafficking of counterfeit currency, which are necessary for Section 489B IPC. The proved facts satisfied Section 489C IPC, making possession with knowledge sufficient for conviction on that charge. en-us Mon, 05 Jan 2026 00:00:00 +0530 Tue, 06 Jan 2026 08:47:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=784467 Credible recovery evidence, supported by customs officers, independent panch witnesses, an admissible voluntary statement under Section 108 of the Customs Act, and an intact chain of custody, can establish possession of counterfeit currency. The counterfeit nature of the notes was confirmed by expert report, so the broader allegation was not accepted in full. However, the evidence did not prove sale, purchase, receipt or trafficking of counterfeit currency, which are necessary for Section 489B IPC. The proved facts satisfied Section 489C IPC, making possession with knowledge sufficient for conviction on that charge. Case-Laws Customs Mon, 05 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=784467