The government had earlier made the HUID number mandatory for each piece of jewellery.
Hallmarking has now become mandatory. However, you should still identify its purity as most of us buy gold jewellry from local jewellers
Jewellers can also continue to buy back old gold jewellery from customers even if they don’t have a hallmark, the government stated
Only 30% of gold jewellery made in the country is hallmarked. The government has urged all jewellers to register with the Bureau of Indian Standards.
Gold hallmarking: To ensure jewellers adapt to the new system, the government has decided not to impose a penalty on jewellers for only three months
Gold hallmarking: However, watches, fountain pens and special types of jewellery will be exempted from hallmarking
It is commonly believed that duping consumers with inferior quality of gold than the declared amount is a common practice by jewellers
The safest bet is to sell the gold jewellery from the jeweller you purchased from
The Centre has mandated jewellers to mention the hallmarking charges of each piece of jewellery separately in the bill
Gold hallmarking is a purity certification of the precious metal and is voluntary in nature at present