Categories: Bangalore

Hallmarking of gold That a must in 14 districts of Karnataka

BENGALURU: Fourteen districts with assaying and hallmarking centers are identified for the strategy, which computes hallmarking of gold jewelry.
It came into force on June 16.
They’re Bengaluru Urban, Tumakuru, Hassan, Mandya, Mysuru, Dakshina Kannada, Shivamogga, Udupi, Davanagere, Uttara Kannada, Belagavi, Dharwad, Vijayapura and Kalaburagi.
Mandatory hallmarking has originally begun with 256 districts in the nation.
Pramod Kumar Tiwari, director-general, Bureau of Indian Standards (BIS), dealt with a digital press conference to the exact same.
A couple of segments are exempted from the mandatory hallmarking.
They comprise jewellers with yearly turnover up to Rs 40 lakh; watches, fountain pens and distinctive kinds of jewelry specifically kundan, polki along with jadau; along with export and also re-import of jewelry according to transaction coverage of India – jewelry for global exhibits and government-approved B2B nationwide displays.
Hallmarking will be performed in the very first point of purchase – it may be the producer, wholesaler, retailer or distributor.
Alteration from the hallmarked jewelry as many as two g of decrease or increase will be let with obligation of purity about the jeweller.
Tiwari also stated there has ever been a higher demand from jewellers to improve the levels of golden purity for hallmarking.
Contemplating that, gold of further carats, 20, 23 and 24, are also permitted for hallmarking.
Old unhallmarked jewellery accessible homes can be offered to jewellers.
They could continue to purchase old gold jewelry without hallmark.

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