https://www.taxtmi.com/caselaws?id=46134 For purposes of the Gold (Control) Act, 1968, the total weight of gold ornaments includes embedded pearls, stones and similar fittings when testing the statutory declaration threshold. The Act defines "gold" and "ornament" broadly, expressly covering ornaments set with pearls, gems or stones, and its declaration and exemption provisions do not permit any deduction for such embedded materials. In a penal regulatory scheme, the exemption cannot be enlarged by implication, so the full weight of the ornament must be taken unless the statute expressly provides otherwise. The issue was answered in favour of the Revenue and against the assessee. en-us Tue, 12 Sep 2000 00:00:00 +0530 Fri, 16 Jul 2010 10:19:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=46134 For purposes of the Gold (Control) Act, 1968, the total weight of gold ornaments includes embedded pearls, stones and similar fittings when testing the statutory declaration threshold. The Act defines "gold" and "ornament" broadly, expressly covering ornaments set with pearls, gems or stones, and its declaration and exemption provisions do not permit any deduction for such embedded materials. In a penal regulatory scheme, the exemption cannot be enlarged by implication, so the full weight of the ornament must be taken unless the statute expressly provides otherwise. The issue was answered in favour of the Revenue and against the assessee. Case-Laws Central Excise Tue, 12 Sep 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=46134