https://www.taxtmi.com/caselaws?id=165699 The court ruled in favor of the respondents, holding that pawnbrokers are obligated to make declarations under the Gold (Control) Act, regardless of their ownership status of the gold items pawned to them. The court emphasized that pawnbrokers fall within the scope of section 16 of the Act, which includes persons having possession, custody, or control of gold items. Citing a Supreme Court decision, the court clarified that pawnbrokers must submit declarations under Form No. GS 3, even if they lack detailed knowledge about the gold items' fineness and weight. The petitioners were directed to comply with the Act's provisions and file necessary returns within two months. en-us Mon, 12 Nov 1979 00:00:00 +0530 Thu, 07 Aug 2014 15:24:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=165699 The court ruled in favor of the respondents, holding that pawnbrokers are obligated to make declarations under the Gold (Control) Act, regardless of their ownership status of the gold items pawned to them. The court emphasized that pawnbrokers fall within the scope of section 16 of the Act, which includes persons having possession, custody, or control of gold items. Citing a Supreme Court decision, the court clarified that pawnbrokers must submit declarations under Form No. GS 3, even if they lack detailed knowledge about the gold items' fineness and weight. The petitioners were directed to comply with the Act's provisions and file necessary returns within two months. Case-Laws Central Excise Mon, 12 Nov 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=165699