Consult an Expert
Business Setup
Prefer to talk to a business advisor first?
Book a call backTax & Compliance
Prefer to talk to a business advisor first?
Book a call backTrademark & IP
Prefer to talk to a business advisor first?
Book a call backDocumentation
Prefer to talk to a business advisor first?
Book a call backOthers
Prefer to talk to a business advisor first?
Book a call backConsult an Expert
Business Setup
Tax & Compliance
Trademark & IP
Documentation
Others
More
Consult an Expert
Business Setup
International Business Setup
Company Name Search
Licenses & Registrations
Web Development
Tax & Compliance
GST and Other Indirect Tax
Changes in Pvt Ltd Company
Changes In Limited Liability Partnership
Mandatory Annual Filings
Labour Compliance
Accounting & Tax
Trademark & IP
Trademark
Design Registration
Documentation
Free Legal Documents
Business Contracts
Personal & Family
Notices
HR Policies
Others
Calculator
NGO Registration
NGO Compliance
Licenses & Registrations
Name Change & Other Conditiions
File an e-FIR
Marriage
File a Consumer Complaint
Lawyer Services
Login
Section 188 falls under Chapter 10 of the Bharatiya Nyay Sanhita (BNS). Chapter 10 covers offences relating to coin, currency-notes, bank-notes, and government stamps. Each section under this chapter deals with different offences related to legal tender and revenue stamps. Section 188 specifically deals with the offence of taking unlawful possession of equipment manufactured for and used in a mint.
Section 188 of the Bharatiya Nyaya Sanhita (BNS), 2023 states:
“Whoever, without lawful authority, takes out of any mint, lawfully established in India, any coining tool or instrument, shall be punished with imprisonment of either description for a term which may extend to seven years, and shall also be liable to fine.”
What is a mint?
This section is very specifically directed towards any person employed in an authorised and registered mint. A mint is a manufacturing unit where coins are manufactured.
Coins are minted by the Security Printing and Minting Corporation of India Limited (SPMCIL) which engages in the manufacture / production of all government documents and articles including currency and banknotes, security paper, non-judicial stamp papers, postage stamps and stationery, travel document viz., passport and visa, security certificates, cheques, bonds, warrants, special certificates with security features, security inks, circulation and commemorative coins, medallions, refining of gold, silver and assay of precious metals, etc.
Currently, the SPMCIL operates four mints in India, being in Mumbai, Kolkata, Hyderabad, and Noida.Hyderabad, Mumbai and Kolkata mints have gold assaying facilities and the Mumbai mint produces standardised weights and measures. Mumbai Mint has a state-of-the-art gold refining facility up to 999.9. Hyderabad Mint has electrolytic silver refining facility up to 999.9. Commemorative coins are made in Mumbai and Kolkata. Kolkata and Hyderabad have facilities for making medallions, too. These are the medals issued by the government for various awards, both civil and military. The Noida mint was the first in the country to mint coins of stainless steel.
Each currency coin minted in India (and anywhere in the world) has a special mint mark on it to identify the mint. Mumbai Mint has a diamond under the date of the coin (year of issue). The proof coins from this mint have a mint mark 'B or 'M'. Kolkata Mint has no mark under the date of the coin (year of issue). Or it has a 'C' mark. It was unique because it had not chosen any mark because this mint is the first mint in India. Hyderabad Mint has a star under the date of the coin (year of issue). The other mint marks from Hyderabad include a split diamond and a dot in the diamond. Noida mint has a dot under the year of issue (coin date).
How a mint works?
Currency is usually made in a unique way that makes it almost impossible to replicate. Its unique attributes may be instilled through many ways, including usage of specialised machinery, having hidden indicators in the design of the currency and usage of restricted raw materials. The usage of restricted machinery is usually very effective as the government can control the manufacture and supply of such machinery in the market and keep a check on the inventory. Each machinery is manufactured to be able to produce special issue government articles with unique designs and indicators. It is these designs and indicators that act as identifiers between fake currency and genuine one. Hence, such machinery is kept in prohibited areas and is heavily guarded so as to restrict public access to such machinery. Section 188 is specifically provided to separate normal theft from theft of such machinery.
Anyone found to be moving or in possession of any machinery or tool made specifically for the purpose of minting coins on the premises of a lawfully established mint and does not possess any official permission or authority to move or possess such machinery shall be prosecuted under the provisions of section 188. If the offence is proven to be true, then the person or persons shall be imprisoned for a period that may extend up to seven years and will also attract a mandatory fine.
Disclaimer: The examples provided are for educational purposes only and do not constitute legal advice. They should not be used for legal proceedings or decision-making. For specific legal matters, please consult a qualified legal professional.
This section deals with: Unlawful removal of equipment from mint.
Description of offence:
The BNS came into force on July 1, 2024, effectively replacing the Indian Penal Code. Section 188 of BNS replaces IPC Section 245. Let us look at the changes that have been made in the provisions of the new section in comparison to the old one.
BNS Sections/Subsections | Subject | IPC Sections | Summary of Comparison |
---|---|---|---|
188 | Unlawfully taking coining instrument from mint. | 245 | No change in provisions for offence. |
Understanding the new Bharatiya Nyaya Sanhita (BNS) laws can be confusing, but Vakilsearch is here to make it easy for you. Here’s why we’re the right choice:
Talk To Experts
Calculators
Downloads
By continuing past this page, you agree to our Terms of Service , Cookie Policy , Privacy Policy and Refund Policy © - Uber9 Business Process Services Private Limited. All rights reserved.
Uber9 Business Process Services Private Limited, CIN - U74900TN2014PTC098414, GSTIN - 33AABCU7650C1ZM, Registered Office Address - F-97, Newry Shreya Apartments Anna Nagar East, Chennai, Tamil Nadu 600102, India.
Please note that we are a facilitating platform enabling access to reliable professionals. We are not a law firm and do not provide legal services ourselves. The information on this website is for the purpose of knowledge only and should not be relied upon as legal advice or opinion.