- Hallmarking is not mandatory for old gold
- Complaints related to gold can also be lodged
B.I.S. Logo, Purity Symbol, HUID BIS is hallmarking with three components, including: Put forward. Users can complain about the quality as well as ensure the purity of the jewelery through the app. The app also contains information about Indian Standards, its licenses and laboratories for the product. Recently, the central government made hallmarking mandatory for gold. Selling gold without hallmarking to consumers is currently punishable under country laws.
The aim of the app is to prevent users from being deceived in the name of hallmark and purity. Hallmarking was first implemented in the country on April 11, 2000. The first hallmarking center and hallmarked jewelery came to Kerala. Of the 900 hallmarking centers in the country, 72 are located in Kerala. In Kerala, 14, 18 and 22 carat gold will come under the purview of this Act. About 80% of the gold sold in Kerala is BIS certified 916.
Hallmark prints, such as the BIS logo, the purity mark 22K916, the hallmark center logo, and the code for the jewelry sold, will be on the purchase gold. Do not be afraid to assume that you have gold without hallmarking. The law applies to the purchase of new gold. There are no barriers to exchanging old gold on hand. The market value of gold is calculated by measuring its purity. But when it comes to refurbishing such gold that is being taken over from consumers, jewelers will have to pay the hallmark.