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.
Mr Paswan 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.
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.