Gold hallmarking mandatory from June 1: Here's what you need to know

Here's everything you need to know:

> Gold hallmarking is a purity certification of the precious metal and is voluntary at present.

> Mandatory hallmarking means that jewellers will now be able to sell only hallmark certified 14-, 18- and 22-carat gold jewellery.

> A hallmark has the following components: the BIS Mark, purity in carats and fineness, assaying/hallmarking centre’s identification mark/number and jeweller’s identification mark/number.

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> For 22-carat jewellery, 22K will be marked in addition to 916, for 18-carat jewellery, 18K will be marked in addition to 750, and for 14-carat jewellery, 14K will be marked in addition to 585.

> Bullion gold such as bars and coins are excluded from mandatory hallmarking. Jewellery weighing less than two grams is also excluded.

> Hallmarking has been made mandatory is to ensure that consumers are not cheated and get the purity as marked on the ornaments, the government.

> BIS (Hallmarking) Regulations, 2018 were notified w.e.f. 14.06.2018. The hallmarking scheme was implemented since April 2000.

> The BIS Act 2016 has provisions under Section 14 & Section 16 for mandatory hallmarking of gold jewellery & artefacts by the government. This will make it compulsory for all the jewellers selling gold jewellery and artefacts to register with BIS & sell only hallmarked products.

> There are 892 Assaying and Hallmarking centres in 234 districts across the country as of December 31, 2019.

> So far, 34,647 jewellers have registered with the Bureau of Indian Standard (BIS).