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of <h1>Orissa High Court: Gold & silver ornaments taxable at 7% under Sales Tax Act</h1> The High Court of Orissa held that gold and silver ornaments are taxable at 7% under serial No. 27 of the Orissa Sales Tax Act for the financial year ... - The High Court of Orissa ruled that gold and silver ornaments are taxable at 7%, not 5%, under serial No. 27 of the Orissa Sales Tax Act for the financial year 1971-72. The Additional Sales Tax Tribunal's decision was deemed incorrect. No costs were awarded as the assessee did not appear.
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