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Mandatory Gold Hallmarking Will Now Be Implemented From June 15

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Amid the pandemic wave, the Consumer Affair minister Piyush Goyal in a meeting chaired on May 24, 2021 extended the deadline for mandatory gold hallmarking to June 15 from June 1, earlier.

 

In the year 2019, the government said it would make gold hallmarking mandatory all across the country from January 15, 2021. But the deadline was shifted by 4 months as jewellers sought a relief amid the lockdown induced due to Covid 19.

Mandatory Gold Hallmarking Will Now Be Implemented From June 15

Currently gold hallmarking i.e. purity certification is done on a voluntary basis."In view of Covid, the government accepted the request of stakeholders to give jewellers some more time to get prepared for implementation and resolve issues," an official statement said.

The committee chaired Bureau of Indian Standards (BIS) Director General Pramod Tewari will oversee proper coordination as well as resolve the implementation issues.

Speaking on the occasion, the minister said "India must have the world's best standards in gold jewellery."

From June 15, jewellers may be able to sell only 14, 18 and 22 carats of gold jewellery.

GoodReturns.in

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