https://www.taxtmi.com/caselaws?id=166871 Finished gold articles that are commonly worn by ladies may qualify as "ornaments" under Section 2(p) of the Gold Control Act, 1968, even if they appear crude or unattractive to sophisticated buyers. The decisive factors are their purity, size, weight, description and workmanship, together with evidence of ordinary use as ornaments. On the facts described, witness evidence supported the conclusion that the seized bangles fell within the statutory definition, and the suggestion that they were merely gold formed into ornamental shape was unsupported. The articles were therefore treated as lawfully acquired under Section 31, and the confiscation and penalty basis could not be sustained. en-us Sat, 21 Jan 1984 00:00:00 +0530 Mon, 10 Nov 2014 18:09:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=166871 Finished gold articles that are commonly worn by ladies may qualify as "ornaments" under Section 2(p) of the Gold Control Act, 1968, even if they appear crude or unattractive to sophisticated buyers. The decisive factors are their purity, size, weight, description and workmanship, together with evidence of ordinary use as ornaments. On the facts described, witness evidence supported the conclusion that the seized bangles fell within the statutory definition, and the suggestion that they were merely gold formed into ornamental shape was unsupported. The articles were therefore treated as lawfully acquired under Section 31, and the confiscation and penalty basis could not be sustained. Case-Laws Customs Sat, 21 Jan 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=166871