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Gold jewellery below 2 gram exempted from mandatory hallmarking

The government on Wednesday exempted gold jewellery, artefacts below 2 gram from mandatory hallmarking. In a gazette notification issued by the Ministry of Consumer Affairs, Food and Public Distribution, mandatory hallmarking has been made applicable from January 15, 2021 across the country.

Silver jewellery and articles have been kept out of mandatory hallmarking as of now.

All jewellers who want to sale gold jewellery have to take BIS registration. As of now, 28, 849 jewellers have registered with BIS. Of these, nearly 3000 jewellers took registration in last three months on expectation of hallmarking becoming mandatory.

However, total number of jewellers are several times higher. Jewellers holding jewellery which is not hallmarked have to clear that stock in a one year time. Only 14, 18 and 22 karat jewellery can be sold. Other pure gold jewellery, even if hallmarked, cannot be sold.

Harshad Ajmera, president, Indian Association of Hallmarking Centre said, "Existing hallmarking centers have enough hallmarking capacity to hallmark all the jewellery manufactured in India. These centers are running only at 10-15 per cent of their capacity. 10-12 hubs in the country are making 80 per cent of jewellery where hallmarking centers are present.

Courtesy - BS



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