Hallmarking Mandatory for Gold Before Jewellery Creation

Hallmarking Mandatory for Gold Before Jewellery Creation

Starting next year, the central government has made hallmarking mandatory for gold bullion used in jewellery manufacturing. This regulation aims to ensure that only hallmarked gold is used in jewellery production nationwide. The policy will include imported gold bullion as well.
Gold bullion is generally treated as raw material in jewellery production. However, from January, hallmarking will be required at the manufacturing stage to certify purity. The Bureau of Indian Standards (BIS) is preparing to implement this system with the cooperation of the Finance Ministry. Once the hallmarking stage is completed, the bullion will be permitted for jewellery production.
Preparation Steps
The Central Consumer Protection Authority (CCPA) will monitor hallmarking compliance, especially for imported gold bullion. A committee has been formed to oversee the process, which will provide its report within the next few months. After review, the final policy will be implemented.
Where It Applies First
Certification for gold purity and fineness will initially be limited to hallmarking centres. Gold in 18, 20, 22, 23, and 24 karats is covered under the Hallmarking Act, effective since 2022.
Benefits for Customers
With mandatory hallmarking, customers will have access to certified, high-purity gold products, ensuring quality and reducing the risk of purchasing impure gold.