Jewellery, the terms 'jewel' and 'jewellery', refer to articles of value used for adornment, especially those made from gold, silver or precious stones. The terms are, therefore wide enough to cover not merely precious stones or articles of adornment made with the use of precious stones, but also other articles of value made from gold, silver, platinum or precious metals. Ordinarily speaking, when a person talks about jewellery, the includes orna-ments which are made of gold, silver or any other precious metal also irrespective of whether these articles have precious stones embedded in them or not, CWT v. Binapani Chakravarty, AIR 1995 SC 1380 (1382): (1995) Supp 2 SCC 262. [Wealth Tax Act (27 of 1957), s. 5(1) (viii)]
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