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Mandatory gold hallmarking to come into force from Wednesday, initially in 256 districts, says govt
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Mandatory gold hallmarking to come into force from June 16 in phased manner
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Mandatory gold hallmarking from Wednesday, initially in 256 districts: Govt
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Mandatory gold hallmarking to come into force from Wednesday
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Compulsory Hallmarking Of Gold Jewellery Deferred By Two Weeks; To Begin From June 15
by Arun Kumar Das - May 25, 2021 05:20 AM
Inside view of a jewellery shop in Connaught Place New Delhi. (Pradeep Gaur/Mint via GettyImages)
Snapshot
BIS (Hallmarking) Regulations were implemented from June 14, 2018.
The hallmarking of jewellery and artefacts is required to enhance the credibility of gold jewellery and customer satisfaction through third-party assurance for the marked purity and fineness of gold.
At present, only 30 per cent of Indian gold jewellery is hallmarked, leading to authenticity concerns.
Hallmarking of gold jewellery is set to begin from June 15 this year as in view of Covid, the government has accepted the request of stakeholders to give jewellers some more time to get prepared for implementation and resolve issues.