Sale of Gold Jewellery Without Hallmark To Ban After 31st March
The sale of hallmarked gold jewelry without a HUID number won’t be permitted after 31st Mar 2023. HUID is a 6-digit code given to every hallmarked jewelry piece. From next month, it will be illegal to sell hallmarked gold jewelry and other objects without a six-digit identifier. The decision has been made to ensure a quality culture in micro-scale units, according to an official statement from the Ministry of Consumer Affairs, Food, and Public Distribution. According to the declaration, only gold jewelry and antiques that have been hallmarked with a six-digit alphanumeric HUID—a unique identifying number—will be allowed for sale beginning on April 1, 2023. The decision was taken following a meeting held by the Bureau of Indian Standards (BIS) on March 3, 2023, which was presided over by Minister Piyush Goyal of the Union Cabinet. The sale of solely gold jewelry with a HUID will be allowed as of April 1, 2023. BIS is offering an 80% discount on the certification/...