3.7 crore pieces of jewelry hallmarked between April and July: BIS

1 Sep 2022 , 07:43 AM

The ministry reported on Wednesday that 3.7 crore jewellery items total were hallmarked between April and July of this fiscal year. Since June 16 of last year, gold jewellery must be mandatory hallmarked.

According to a statement from the Bureau of Indian Standards (BIS), “8.68 crore jewellery articles were hallmarked in the year 2021-2022 whereas 3.7 crore articles have been hallmarked from April 1, 2022, to July 31, 2022.”

Since the implementation of mandatory hallmarking on June 16, 2021, the agency listed a number of significant accomplishments.

Jewellers can now register for free, and it’s good forever. The assaying and hallmarking centre’s whole operation is automated and made available online thanks to the Hallmark Unique Identification (HUID)-based hallmarking portal, which was introduced on July 1, 2021.

There were two stages to the mandatory hallmarking implementation.

Three grades of gold items–14 carats (585 fineness), 18 carats (750 fineness), and 22 carats (916 fineness)–were subject to required hallmarking orders in the first phase.

In this phase, 256 districts with at least one Assaying and Hallmarking Centre carried out the order.

In accordance with the Hallmarking of Gold Jewellery and Gold Artefacts (Amendment) Order, 2022, dated April 4, 2022, according to BIS, the second phase of required hallmarking went into effect on June 1, 2022.

After the first phase of the mandatory hallmarking order’s execution, an Assaying and Hallmarking Centre (AHC) was established, and it now serves 32 additional districts under the mandatory hallmarking regime.

According to the BIS, more districts are anticipated to eventually fall within the mandated hallmarking order.

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