New Delhi:
Gold Hallmarking Mandatory 1st June: Gold Hallmarking, which guarantees purity on gold jewelery , is going to be mandatory from 1 June 2021 in the country . Customers are worried that this will make gold jewelery too expensive. Whether this will stop customers from cheating in the purchase of gold or not. Gold traders are worried that paperwork like GST and hallmarking of gold jewelery at every level does not make it a mess. Let's know. 10 important things related to Hallmarking….
1. What is the meaning of Hallmark ....
Hallmarking is the measure of purity of gold. After June 1, it must be written on the jewelry that how much carat is it. This will make it easier for customers to buy and sell gold jewelery anywhere. It will not be easy to sell and buy stolen jewelry.
2. Which carat gold .... From
1 June 2021, gold jewelery, idols etc. will be sold in 14, 18 and 22 carats only. However, jewelers demand that 20 carat jewelery should also be allowed. Labs licensed by the Bureau of Indian Standards will give these certificates of correctness.
3. Customers will stop cheating ....
This will not cheat customers by selling inferior or inferior quality gold jewelery customer. By guaranteeing the purity of gold, the sale of jewelery will also increase and the credibility of jewelers will be strengthened.
4. These 4 identities will be on jewelery ----
1. BIS mark on jewelery, 2. Carat and finance 3. Hallmarking center number and 4. Jewelers identification number.
A. BIS Mark The
BIS mark or logo (BIS Lab) will state that a lab licensed from the Bureau of Indian Standards has certified the purity of the jewelry.
B. Gold purity carat and fineness
Gold purity is judged by both carat and fineness. Finances with 14, 18 and 22 carats will be written on jewelery in the ratio of per thousand. Like 22K for 22 carat and 916 for finance.
14K585
for 22K916
18Karat for 18K750 14Karat for 22karat
C. The mark or number
of the Hallmarking Center will also be the Hallmarking Center Identification Number, which is the purity of gold on the jewelery. You will be able to find out from the BIS website whether it is a recognized lab or not.
D. Jewelers Identification: The
jeweler identification number on the jewelers inscribed on the jewelery will know whether it is a certified jeweler or a manufacturer.
5. How much will it cost for
jewelery or gold items is 35 rupees (tax extra) for Gold Hallmark Charge, but for the purity of more jewelery, there will be a minimum of Rs 200 and tax. This will not increase the price of gold (Hallmark Gold RateToday) much.
6. How much time it will take?
BIS Lab (BIS Lab) may take 6-8 hours to assess the Gold Purity Karat or Hallmark. In such a situation, if you make a jewel by giving a design, then delivery may not be available on the same day.
7. The purest gold is how much
pure gold is 24 carat, but because of being so flexible, pure gold cannot be made into jewelry, so silver or zinc wagara is added to it.
8. Exemption on these items of
gold will not be hallmarking on gold bars and coins. Hallmarking Certificate (BIS Certification) will not be necessary even for jewelery below 2 grams.
9. Registration could not be done ...
The number of jewelers in the country is between 3.5 to 4 lakhs, but only 8-9 per cent of the total jewelers have been registered (Jewelers Hallmark Registration) so far.