Business / This important rule related to gold jewelry has changed from today, you should also know otherwise you will have to go to jail

Zoom News : Jun 15, 2021, 06:50 AM
New Delhi: If you are going to buy gold then this is the important news for you. From today on June 15, Gold Hallmarking (Gold Hallmarking) has been compulsory. In such a situation, if you are going to shopping, it is important to know the rules. The Central Government has made BIS Halmarking compulsory on gold jewelery. It is mandatory for all jewelers from June 15 that he just sell BIS certified jewelry.

The central government is planning for the last one and a half years and this order is being implemented in the whole country from today. Well this order could have already applied, but due to the epidemic spread in the country, it could not be implemented. Let's tell you about this rule in details that what is the rule and how it will affect the general public.

What is Gold Hallmarking?

Let us tell you the Central Government said that under the Gold Hallmarking, all the gold traders of the country meet the standards of BIS Standard to sell gold jewelry or artwork, whatever businesses will not meet these standards, strict action will be taken against them.

May be prison

If any government does not follow the rules issued by the government, then it may have to fill the penalty of more than Rs 1 lakh for a year under Section 29 of BIS Act, 2016.


How many carat gold will be hallmarking?

Let us tell you 14 carats, 18 carats and 22 carat purity gold hallmarking.

What will happen to sleep in the house?

Tell the most important thing is what will happen to sleep in your house. If this is also coming in your mind, then know that this rule of Hallmarking will be applied to jewelers selling gold jewelry. Customers can sell their jewelery without hallmark.

What will be the advantage of this rule?

The proof of gold purity can be easily given by this step of the government. Handcraft Gold Market will also be encouraged by its proof. Along with this, the jewelery industry will also expand. Currently, there are 892 Hallmarking Center operated in 234 districts across the country, which do Hollmarking for 28,849 BIS registered jewelers. However, now this number is expected to increase.

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