Mandatory gold hallmarking from Today, June 16, 2021: Five quick points on what it means for you

India is the largest importer of gold, which mainly caters to the demand of the jewellery industry. In volume terms, the country imports 700-800 tonne of gold annually.

New Delhi: Mandatory hallmarking of gold jewellery and artefacts will come into force from today (June 16) in a phased manner and initially will be implemented in 256 districts. India is the largest importer of gold, which mainly caters to the demand of the jewellery industry. In volume terms, the country imports 700-800 tonne of gold annually. The Centre had in November 2019, announced that hallmarking of gold jewellery and artefacts would be made mandatory across the country from January 15, 2021. But the deadline was extended for four months till June 1, which was again further extended to June 16, after the jewellers sought more time to implement in the wake of the COVID-19 pandemic.