Starting 2021, only gold hallmarked by BIS laboratories can be sold in 288 districts in India. From April 1, 2023, the 6-mark HUID, too, has been made compulsory but even if your old gold is not hallmarked, stores will still accept it
There will be numerous economic changes coming into effect from April 1 - from changes in medicine price and increased toll tax to policies regarding the sale of gold and online gaming.
The Bureau of Indian Standards (BIS) has prohibited sale of hallmarked gold jewellery or gold artefacts without the six-digit alphanumeric hallmark unique identification number (HUID) after March 31, 2023.
Sale of gold jewellery and gold artefacts hallmarked with only a six-digit alphanumeric HUID, union identification number, will be permitted from April 1, the government said on Saturday.