Mandatory gold hallmarking to be rolled out in phased manner from June 16

The first phase of mandatory gold hallmarking will be implemented in 256 districts where hallmarking centers already exist. Jewellers have been given a two-month window in which to obtain hallmarking on their old stock.

Mandatory hallmarking of gold jewellery and artefacts is set to come into force in a phased manner from June 16, starting with a roll-out in 256 districts across India. Continuing our Govt’s endeavour for better protection & satisfaction of customers, mandatory hallmarking in 256 districts will be implemented from 16 June 2021. No penalty will be imposed till August 2021.This will help develop India as a leading global gold market center. pic.twitter.com/0Pv2UgPdCM The decision was taken at a meeting of industry stakeholders chaired by consumer affairs minister Piyush Goel. Representatives from the Confederation of All India Traders (CAIT) and the All India Jewellers & Goldsmith Federation (AIJGF) were also present at the meeting. AIJGF is the largest organisation of small jewellers in the country. The first phase of mandatory gold hallmarking will be implemented in 256 districts where hallmarking centers already exist. From June 16, jewellers in these districts will be allowed to sell only 14, 18 and 22 carats of gold jewellery. Gold of additional 20, 23 and 24 carats will also be allowed for hallmarking.