Hallmarking to be mandatory for gold jewellery from 2021

Hallmarking of gold jewellery and artefacts will be made mandatory across the country from January 15, 2021, to ensure the purity of the precious metal, Consumer Affairs Minister Ram Vilas Paswan announced on Friday.

A notification in this regard will be issued on January 15 next year and the decision will come into effect after a year, making it compulsory for all the jewellers to register with the Bureau of Indian Standards (BIS) and sell only hallmarked gold jewellery and artefacts.

Gold hallmarking is a purity certification of the precious metal and is voluntary in nature at present. The BIS is already running a hallmarking scheme for gold jewellery since April 2000 and around 40 per cent of gold jewellery is being hallmarked currently.

"We are making hallmarking for gold jewellery and artefacts mandatory in the country. We will issue a notification on January 15 next year. One year period will be provided for implementation. From January 15, 2021, this will become mandatory," Ram Vilas Paswan told.

"Jewellers and retailers will be given one year time to exhaust their existing stocks," he added.

Ram Vilas Paswan said the decision has been taken to protect consumers interest, mainly in small cities and villages, and ensure that they purchase pure gold jewellery.