3 Review(s)

Conservation of Foreign Exchange and Prevention of Smuggling Activities Act 1974 (COFEPOSA), along with its Rules [Bare Act with Section Notes], by Taxmann, is an authoritative statutory compendium for India's preventive detention and property forfeiture regime, targeting economic offences such as smuggling and foreign exchange violations. This comprehensive resource consolidates the fully amended text of the COFEPOSA Act 1974 and relevant Rules. It incorporates the entire text of the Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act 1976 (SAFEMA), as well as the SAFEMA (Receipt, Management, and Disposal of Forfeited Property) Rules 2006. Each section is enhanced with detailed section-wise notes, interpretative commentary, and carefully selected judicial precedents, making this publication an essential reference for compliance, enforcement, litigation, and policy analysis in India's economic security framework. This book is intended for the following audience: (i) Legal Practitioners, Judges & Judicial Officers – For direct statutory reference, case-law guidance, and interpretation in preventive detention and forfeiture proceedings (ii) Law Enforcement Agencies & Customs Officials – For effective investigation, detention, and management of cases relating to smuggling and foreign exchange manipulations (iii) Compliance & Risk Professionals – In banks, NBFCs, export houses, and regulated entities seeking to ensure strict compliance with anti-smuggling and forex controls (iv) Academicians, Researchers & Students of Law – For foundational and advanced study in criminal law, economic offences, and preventive detention jurisprudence (v) Government Departments, Policymakers, and Regulatory Authorities – For framing, enforcing, and reviewing anti-smuggling and foreign exchange conservation policy frameworks The Present Publication is the 2025 Edition, covering the amended and updated text of the Conservation of Foreign Exchange and Prevention of Smuggling Activities Act (COFEPOSA) [Act No. 52 of 1974] and Rules, with the following noteworthy features: (i) [Comprehensive Statutory Text] Includes the complete, updated text of the COFEPOSA Act 1974 with all amendments and allied rules (ii) [Allied Legislation] Incorporates the full text of SAFEMA 1976, and the SAFEMA (Receipt, Management and Disposal of Forfeited Property) Rules 2006 (iii) [Detailed Section-wise Notes & Commentary] Each section is supplemented with interpretative guidance, procedural notes, and legislative history (iv) [Judicial Precedents] Curated Supreme Court and High Court decisions, highlighting principles, procedural safeguards, and constitutional issues (v) [Practical Compliance Guidance] Clarifies detention, forfeiture, and procedural requirements, with special focus on compliance, defence strategies, and administrative remedies (vi) [Subject Index and Quick Reference] Subject indices the Acts allow easy navigation and quick access to key concepts and statutory provisions (vii) [Updated for the 2025 Edition] All legislative amendments and judicial developments up to the date of publication are incorporated, ensuring the resource's currency and reliability. (viii) [Utility for Litigation and Compliance] The section-wise case law extracts, procedural clarifications, and interpretative commentary make the book invaluable for drafting petitions, compliance documentation, and defence briefs. (ix) [Authoritative Reference] Trusted by legal professionals, enforcement authorities, and policymakers for over four decades as the standard resource on preventive detention and property forfeiture related to economic offences The structure of the book is as follows: (i) Section-wise Format – The book presents the principal Acts in a clear, section-wise layout, immediately followed by expert notes, case-law extracts, and relevant notifications (ii) Logical Segmentation – Each Act is self-contained with its subject index, allowing the user to navigate easily between the COFEPOSA, SAFEMA, and relevant rules (iii) Practical Aids – Includes forms, procedural checklists, and tabular summaries wherever appropriate (especially in the Rules section), for ready reference by practitioners and officials