Page 16 - Bullion World Issue 4 August 2021

Bullion World | Issue 04 | August 2021

Jewellery

hallmarking

and HUID

Mr James Jose
President of Hallmarking Federation of India (HFI).
Managing Director, CGR Hallmarkers Pvt Ltd.,Cochin

The mandatory hallmarking of jewellery, (BIS) portal and that too without any fees
initially announced by the Govt in 2011, or charges and the registration can be
got implemented from 16 July, 2021, completed in 5 minutes time, also with
after several rounds of reschedulements. provision for corporate registration, for
The delay in getting the necessary multiple showroom owners. Mandatory
legal frame work in place, such as the hallmarking is implemented only in
hallmarking Act, The BIS Act and The the 256 districts of the country having
Consumer Protection Act passed by hallmarking infrastructure and other
the Parliament and the subsequent areas may be added in phase 2 and 3 of
covid lockdowns resulted in several the mandatory regime. Jedaau , kundan
postponements of the mandatory regime. and polki jewellery and articles of below
2 gm weight also are exempted from
Along with the roll out of the mandatory the purview of mandatory hallmarking.
regime, Govt has given considerable Smaller jewellers of annual turnover
relaxations in the licensing procedures below Rs.40 lakhs are exempted from
and technical parameters of the gold the purview of mandatory hallmarking
hallmarking scheme. As against the
earlier BIS license for a jewellery shop Another landmark decision of the
with validity for 5 years, it has now mandatory regime is the facility given to
become a one time online registration, jewellery manufacturers and wholesalers
through the Bureau of Indian standards to take BIS registration and the onus of

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