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 Indian govt made Gold hallmarking compulsory
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Indian govt made Gold hallmarking compulsory

by admin October 2, 2021 0 Comment

 

 

Indian govt made Gold hallmarking compulsory. Gold hallmarking is compulsory from 15 June 2021 by Indian government which was voluntary earlier . Due to COVID – 19 Indian govt changed deadline from January 15 to June 15 . According to new guidelines jewelers can only sale 14 , 18 and 22 carat gold items . If gold items are found without BIS hallmark then jewelers will be imprisoned for one year and they also have to give five times cost of that object as penalty .

A committee formed under Bureau of India Standards ( BIS ) to implement new guidelines . BIS is running hallmarking scheme since April 2000 . Gold hallmarking will provide satisfaction and protection to gold customers .

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