New Gold Hallmarking process begins, only 14, 18, 22 carat gold to be sold in India
The notification regarding this rule of consumer affairs will be issued on January 16, which will provide mandatory hallmarking of gold jewellery from January 15, 2021. At present, gold hallmarking is voluntary.
• Union Consumer Minister Ram Vilas Paswan said that there is a provision of fine and imprisonment for one year for violating this rule.
• He said that jewellery vendors have been given one year to arrange registration and compulsory hallmarking in the Bureau of Indian Standards (BIS).
• Paswan said that currently hallmarking is available in ten categories. However, from next year, hallmarked gold will be available in three grades of 14 carats, 18 carats and 22 carats only.
• Minister also announced that the government aims to open hallmarking centers in all districts across the country.