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<h1>Statement of valuation of jewellery requires declaration of metal weights, stone values and valuer report when applicable.</h1> Form O-8A requires the assessee to state for each jewellery item the description, gross and net weights of precious metal, description and weight of precious or semi-precious stones, the value of each stone and the decided value, and the total item value, with the assessee's signed declaration of truth. If space is insufficient, details may be attached on separate sheets, and a registered valuer's report may be enclosed where applicable.
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