Conservation of Foreign Exchange and Prevention of Smuggling Activities Act, 1974

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Conservation of Foreign Exchange and Prevention of Smuggling Activities Act, 1974
Parliament of India
Enacted by	Parliament of India
Status: In force

COFEPOSA or the Conservation of Foreign Exchange and Prevention of Smuggling Activities Act is an Act of Parliament passed in 1974 during administration of Indira Gandhi, trying to retain foreign currency and prevent smuggling. It was an economic adjunct to the controversial Maintenance of Internal Security Act (MISA) which was enacted in 1971. Though MISA was repealed in 1978, this law is still in force.^[1]

References[]

• "Economic laws primer". Archived from the original on 22 March 2012. Retrieved 30 March 2012.

External links[]

• COFEPOSA articles from the Times of India

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