Business

Hallmarking to be mandatory for gold jewellery from 2021

Gold prices surge today after sharp fall, silver rates rise – Livemint

Hallmarking for Gold jewellery and artefacts will be mandatory from 15th January 2021.

Briefing reporters in New Delhi, Consumer Affairs Minister Ram Vilas Paswan said, notification in this regard will be issued by 15 of January next year, giving a period of one year for implementation.

He said, Jewellers and Retailers will get one year time for clearing their old or existing stock.

Mr Paswan said, more than 26 thousand jewellers have taken the Bureau of Indian Standards, BIS (Hallmarking) registration till now.

Our correspondent reports that if anyone is found violating the set rules after 15th January 2021, they may attract a fine of minimum one lakh rupees or five times the value of the items or a jail term of one year. 

News is information about current events. News is provided through many different media: word of mouth, printing, postal systems, broadcasting, electronic communication, and also on the testimony of observers and witnesses to events. It is also used as a platform to manufacture opinion for the population.

Contact Info

West Bengal

Eastern Regional Office
Indsamachar Digital Media
Siddha Gibson 1,
Gibson Lane, 1st floor, R. No. 114,
Kolkata – 700069.
West Bengal.

Office Address

520, Asmi Industrial Complex, Near Ram Mandir Railway Station, Goregaon West, 400104, Mumbai, Maharashtra.

Download Our Mobile App

IndSamachar Android App IndSamachar IOS App
To Top
WhatsApp WhatsApp us