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A hallmark has been a byword for quality for centuries, but the 700 year practice of stamping precious metals with an official label could be scrapped as part of a Government drive to cut red tape.
In furtherance of this Notification, the Central Government, vide S.O. 205(E) dated 15.01.2020 issued the Hallmarking of Gold Jewellery and Gold Artefacts Order, 2020 (‘2020 Order’).
Hallmarking will enable consumers/jewellery buyers to make authentic choices and save them from unnecessary confusion while buying gold. At present, only 30% of Indian gold jewellery is hallmarked.
Hallmarking on gold jewellery and related items is set to become mandatory from Tuesday after the government extended the earlier June 1 deadline in view of the Covid-19 pandemic.
ETRetail.com brings latest mandatory hallmarking news, views and updates from all top sources for the Indian Retail industry.
The mandatory hallmarking of gold jewellery and artifacts, enforced in June 2021 with the introduction of Hallmarking Unique ID (HUID), guarantees the authenticity of gold available in the market.
The government on Wednesday rolled out mandatory hallmarking of gold jewellery to ensure that consumers get assured quality. The beginning of mandatory hallmarking was made in 256 districts. For ...
New Delhi: Government is in the process of introducing mandatory hallmarking for silver, similar to gold. The government is working with the stakeholders to make hallmarking mandatory for silver ...
India Business News: The Centre's directive for mandatory hallmarking of gold jewellery and artefacts came into effect from Wednesday. In November 2019, the government had ...
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