Centre Tweaks Rule On Sale Of Gold Items. It Kicks In From April 1
NDTV
Sale of gold jewellery and gold artefacts hallmarked with only a six-digit alphanumeric HUID, union identification number, will be permitted from April 1, the government said on Saturday.
Sale of gold jewellery and gold artefacts hallmarked with only a six-digit alphanumeric HUID, union identification number, will be permitted from April 1, the government said on Saturday.
This means the sale of old hallmarked jewellery with four logos without HUID (Hallmark Unique Identification) number will not be allowed after March 31.
A decision in this regard was taken after due consultation with stakeholders on January 18 in a bid to safeguard the interest of consumers, the consumer affairs ministry said in a statement.
Gold hallmarking is a purity certification of the precious metal. It was voluntary in nature til June 16, 2021.
