Sale of Gold Jewellery Without Hallmark To Ban After 31st March

The sale of hallmarked gold jewelry without an HUID number won’t be permitted after 31st Mar, 2023. HUID is a 6-digit code given to every hallmarked jewelry piece.

From next month, it will be illegal to sell hallmarked gold jewelry and other objects without a six-digit identifier. 

The decision has been made to ensure quality culture in micro sale units, according to an official statement from the Ministry of Consumer Affairs, Food, and Public Distribution.

According to the declaration, only gold jewellery and antiques that have been hallmarked with a six-digit alphanumeric HUID—a unique identifying number—will be allowed for sale beginning on April 1, 2023. 

The decision was taken following a meeting held of the Bureau of Indian Standards (BIS) on March 3, 2023, which was presided over by Minister Piyush Goyal of the Union Cabinet.

The sale of solely gold jewellery with a HUID will be allowed as of April 1, 2023. 

BIS is offering an 80% discount on the certification/minimum marking price for all of its product certification schemes in an effort to encourage quality culture in micro scale entities. 

Moreover, a further 10% discount will continue to be given to properties in the Northeast.

Key Decisions Taken In The BIS Meeting

BIS will improve the nation’s testing infrastructure. Depending on how important the components are for consumer safety, product testing then market surveillance frequency would grow. Moreover, BIS needs to conduct lab inspections more frequently.

BIS will improve market surveillance for various goods, including pressure cookers, helmets, and other consumer goods, in order to guarantee product safety and instill a sense of quality throughout the nation.

To improve accessibility and foster a culture of quality consciousness among individuals, BIS must map standards against various government programmes and provide pamphlets in simple and regional languages.

For the upcoming period, BIS has suggested Quality Control Orders (QCO) for 663 items. There are 462 items currently protected by QCOs.

Piyush Goyal made the following remarks in response to the decisions made at the BIS review meeting: 

“We are devoted to ensuring that all goods produced in India adhere to the strictest safety and quality requirements. 

Also Read:- Apple Partner Foxconn To Shift Its Plant From China To India

These actions will encourage smaller scale units, improve testing infrastructure, and foster a quality-conscious culture among the populace.”

Business Writer

Indian businesses are the growth pillars of the Indian economy. And common people should be aware of what is going on in the business world. So Pratik took the responsibility to share business stories.

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