Gold hallmarking mandatory from today

The first phase it will be implemented in 256 districts

The hallmarking of gold jewellery and artefacts is mandatory and coming in a phased manner from June 16.


The decision was come after a meeting was taken of industry stakeholders chaired by consumer affairs minister Piyush Goel. Representatives from the Confederation of All India Traders (CAIT) and the All India Jewellers & Goldsmith Federation (AIJGF) attend the meeting. AIJGF is the largest organisation of small jewellers in the country.


The first phase it will be implemented in 256 districts where hallmarking centers already exist.


From June 16, jewellers in these districts will be allowed to sell only 14, 18 and 22 carats of gold jewellery. Gold of additional 20, 23 and 24 carats will also be allowed for hallmarking.


No penalty will be imposed till August 2021.

 

India Scanner News Network

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