Prime News, National, Business, New Delhi, November 30:- Hallmarking for gold jewellery and artefacts will be mandatory from January 15, 2021.
Briefing media in New Delhi, Consumer Affairs Minister Ram Vilas Paswan said, notification in this regard will be issued by January 15, giving a period of one year for implementation. He said, jewellers and retailers will get one year time for clearing their old or existing stock.
Paswan said more than 26,000 jewellers have taken the Bureau of Indian Standards, BIS (Hallmarking) registration till now. If anyone is found violating the set rules after January 15, 2021, they may attract a fine of minimum Rs 1 lakh or five times the value of the items or a jail term of one year. (Inputs: Agencies, NGB)