The IPC 1860 was replaced by the BNS 2023 (in force 2024-07-01); no verified section mapping on file for Section 259 — confirm the corresponding provision (savings: Section 358, BNS 2023).
Whoever has in his possession any stamp which he knows to be a counterfeit of any stamp issued by Government for the purpose of revenue, intending to use, or dispose of the same as a genuine stamp, or in order that it may be used as a genuine stamp, shall be punished with imprisonment of either description for a term which may extend to seven years, and shall also be liable to fine. CLASSIFICATION OF OFFENCE Punishment--Imprisonment for 7 years and fine--Cognizable--Bailable--Triable by Magistrate of the first class--Non-compoundable.