The government is considering expanding the scope of mandatory gold hallmarking, by adding 56 new regions to the existing network of 288 districts in the country. The Bureau of Indian Standards (BIS) is actively working in this regard.
The government has convened a meeting with various stakeholders, including jewelers, associations and BIS, on Thursday, August 17, to discuss the expansion of the mandatory gold hallmarking. A notification may be issued after the conclusion of deliberations on Thursday.Mandatory marking of bullion will likely be discussed in the meeting as well.
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