'Scheduled offence' under Section 2(y) of PMLA includes offences under Part B of the Schedule only if:

Section 2(y) of PMLA defines 'scheduled offence' as: (i) the offences specified under Part A of the Schedule (applicable unconditionally), or (ii) the offences specified under Part B of the Schedule, but only if the total value involved in such offences is thirty lakh rupees or more. This monetary threshold for Part B offences is a key qualification. Part B includes offences under the Indian Penal Code (murder, robbery, forgery of currency notes, etc.), Arms Act, Wildlife Protection Act, Immovable Traffic (Prevention) Act, and Prevention of Corruption Act, among others. Part A offences include IPC offences against the state and NDPS Act offences, which are treated more seriously without any monetary threshold.