Full Form of COFEPOSA
| Full Form: | Conservation Of Foreign Exchange and Prevention Of Smuggling Activities act |
|---|---|
| Category: | Governmental |
| Sub Category: | Governmental |
What is COFEPOSA Full Form?
COFEPOSA full form is Conservation Of Foreign Exchange and Prevention Of Smuggling Activities act.
What is Conservation Of Foreign Exchange and Prevention Of Smuggling Activities act?
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.