Scope of the word "partly" in Note 1 of Chapter 71 of GST Tariff

[Gautam Godhwani]

To what extent would the word "partly" connote the percentage of value or quantity by bulk in an item in which precious metal was being used ? This is being asked in context of Chapter 71 of the GST Tariff.

Note 1 of Chapter 71 has the phrase made "wholly or partly of precious metal" - in this frame, what would the word "partly" connote ?

AI Summary

Partly connotes a substantial, appreciable portion; classification depends on factual assessment of material composition for tariff classification.
The term "partly" in Note 1 to Chapter 71 means an appreciable, substantial part of the material rather than an insignificant fraction. Determination depends on facts and circumstances, requiring an objective assessment of the extent to which precious metal constitutes the goods by weight, value, function or appearance to decide whether the article is made wholly or partly of precious metal for tariff classification.