Page 9 - Bullion World Issue 3 July 2021
P. 9

Bullion World | Issue 03 | July 2021















              gold in gold bullion, gold alloys   What are the objective
              and gold jewellery/artefacts-  behind instituting Hallmarking
              cupellation(Fire Assay) Method  Scheme?
           •   IS 2113: 2014 Assaying Silver in   To protect consumer against
              Silver and Silver Alloys-Methods.  victimization due to irregular gold or
                                             silver quality, develop India as a leading
           What are the grades permitted     gold market centre in the World and
           for hallmarking of Gold           develop export competitiveness
           Jewellery artefacts?
           IS 1417:2016 permits Gold jewellery/  What are the benefits to
           artefacts of 14 carat, 18 carat and   customers?
           22 carat to be hallmarked and sold.   Provide third party assurance and
           However an amendment to the Indian   satisfaction that customer gets right
           Standard is being issued which would   purity of gold (or silver) for the given
           permit Hallmarking of six caratages of   price (value for money).
           gold jewellery/ artefacts, viz. 14, 18,
           20, 22, 23 and 24 carats.
                                                                               How will the Jewellers benefit?
                                                                               It will provide clear indication of
                                                                               his capability, strong evidence of
                                                                               commitment to quality and assurance of
                                                                               consistency in purity and quality of gold
                                                                               or silver jewellery


                                                                               Who operates the Hallmarking
                                                                               scheme?

                                                                               BIS through its network of Regional/
                                                                               Branch Offices all over the country
                                                                               operates the Hallmarking Scheme for
                                                                               gold and silver jewellery.


                                                                               What are the procedure
                                                                               for Grant of registration to
                                                                               Jewellers?
                                                                               Any jeweller willing to obtain certificate
                                                                               of registration for selling Hallmarked
                                                                               Gold and Silver Jewellery/artefacts shall
                                                                               apply online in the BIS portal; www.
                                                                               manakonline.in


                                                                               The certificate of registration is granted
                                                                               instantly.




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