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Mandatory hallmarking of gold jewellery in phases, BIS rules to be notified

Measure to be implemented in metros first, followed by state capitals, district HQs and rest of country

Mandatory hallmarking of gold jewellery in phases, BIS rules to be notified
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Rajesh Bhayani Mumbai
Mandatory hallmarking of gold jewellery will become a reality any time during the next quarter, that is, from financial year 2018-19, if the government decides to go ahead with it. The Bureau of Indian Standard has submitted rules under the amended BIS Act enacted two years ago, to the law ministry, which is understood to have cleared them. The matter now lies with Ministry of Consumer Affairs.

Jewellery hallmarking was also recommended by the Niti Aayog panel on comprehensive gold policy, and sources say the