Gold hallmarking mandatory from today, says Govt

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The Centre on Tuesday said mandatory hallmarking of gold jewellery and artefacts will come into force from June 16 in a phased manner and initially will be implemented in 256 districts of the country.             

A decision in this regard was taken after a meeting chaired by Consumer Affairs Minister Piyush Goyal with industry stakeholders.  In November 2019, the Government had announced that hallmarking of gold jewellery and artefacts would be made mandatory across the country from January 15, 2021.

But the deadline was extended for four months till June 1 and later till June 15 after the jewellers sought more time in view of the pandemic.  Gold hallmarking is a purity certification of the precious metal and has been voluntary in nature so far. "Continuing our government's endeavour for better protection & satisfaction of customers, mandatory hallmarking in 256 districts will be implemented from June 16, 2021. No penalty will be imposed till August 2021," Consumer Affairs Minister Piyush Goyal tweeted after the meeting.        

Speaking to PTI, Consumer Affairs Secretary Leena Nandan said gold hallmarking will be implemented in a phased manner and initially in 256 districts that have Assaying marking centres. The industry concerns were addressed and clarified in great detail in the meeting, she added.  After extensive consultation with stakeholders, the government relaxed mandatory hallmarking of gold for certain players in the jewellery sector.                            

Daily Pioneer
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