Page 15 - Bullion World Issue 3 July 2021

Bullion World | Issue 03 | July 2021

imported in India and can be sold by What is the fee to be paid Regulations 2018(available on BIS
registered jeweller after it is assayed by the Jewellers to AHCs for website www.bis.gov.in, under
and hallmarked by a BIS recognised Hallmarking and the Hallmarking hallmarking section).
hallmarking centre.
fee levied by BIS?
Hallmarking Fee What are the terms and
Is the mandatory hallmarking conditions under which
(a) Hallmarking fee for gold articles
order applicable to gold bullion payable to recognised Assaying recognition is granted to AHCs?
and coins also? and Hallmarking Centres by The terms and conditions are listed
No, the order is applicable for gold jewellers shall be: in Chapter II, Cl 10 of Hallmarking
jewellery and artefacts only. Gold bullion/ (i) Rs. 35/- per article; and Regulations 2018(available on BIS www.
coins of 999/995 fineness are permitted (ii) Minimum fee for a consignment bis.gov.in, under hallmarking section).
to be hallmarked by BIS approved as Rs. 200/-
Refinery/Mints (39 licensed refineries Can violation of terms and
are in operation at present as on 01 Jan (b) The hallmarking fee to be levied conditions lead to cancellation
2021).The list of BIS licensed Refineries/ by the Bureau from Assaying of Registration for jewellers?
Mints is available at BIS website www. & Hallmarking Centre for gold Yes, the violation of terms and conditions
bis.gov.in under the hallmarking tab articles shall be: may lead to the cancellation of the
(i) Rs. 3.50 per article; and registration.
BIS Act and Regulation (ii) Minimum fee for a consignment
1. Is Hallmarking covered under as Rs. 20/- Can violation of terms and
BIS Act, 2016? conditions lead to cancellation
Yes, Hallmarking is covered under BIS 2): (a) Hallmarking Fee for silver of Recognition of AHCs?
Act, 2016. articles payable to recognised Yes, the violation of terms and conditions
Assaying and Hallmarking may lead to the cancellation of the
2. Are there any regulations for Centres by jewellers shall be : registration.
Hallmarking specified by the (i) Rs. 25/- per article; and Common Consumer
Government of India? (ii) Minimum fee for a consignment
Yes, BIS (Hallmarking) Regulations, 2018 as Rs. 150/- 1.No, only BIS registered
jewellers can approach the A&H
which were notified on June 14, 2018
(b) The hallmarking fee to be levied centre for hall marking of the
3. What aspects are covered in by the Bureau from Assaying jewellery.
Hallmarking charges are applicable to
BIS (Hallmarking) Regulations, & Hallmarking Centre for gold
articles shall be: an article (per piece) and not on weight
2018?
(i) Rs. 2.50 per article; and of the jewellery. Hallmarking charges are
BIS (Hallmarking) Regulations, 2018
(ii) Minimum fee for a consignment paid per article irrespective of the weight
contains three chapters covering
as Rs.15/- of the article.
the grant of registration for jewellers,
recognition for Assaying and Hallmarking
Note: applicable taxes as per prevalent 2.Is it necessary to have
Centres and grant of licence for
rates shall be levied in addition to hallmarking on both the articles/
Refineries
above jewellery in pairs ?
Each article in pair should have hallmark.
4. How to apply for the above 6. What are the terms and Customer should look for hallmarking
registrations, recognitions and conditions under which and fineness details in each article to
licences? prevent any misuse w.r.t fineness/purity
registration is granted to
Application for registrations, recognitions as the article can be replaced easily.
jewellers?
and licences have been facilitated online
The terms and conditions are listed
in the BIS portalwww.manakonline.in 3.Is it necessary to have
in Chapter I, Cl 5 of Hallmarking
hallmark in detachable parts in
jewellery?
Each detachable part in a jewellery
should have hallmark. Customer should

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