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Govt mulls mandatory hallmarking for silver jewellery; BIS to assess feasibility

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..... Govt mulls mandatory hallmarking for silver jewellery; BIS to assess feasibility - PTI News Dated:- 6-1-2025 PTI - News - Govt mulls mandatory hallmarking for silver jewellery; BIS to assess feasibility - - - Dated:- 6-1-2025 - New Delhi, Jan 6 (PTI) Food and Consumer Affairs Minister Pralhad Joshi on Monday asked the Bureau of Indian Standards (BIS) to consider implementing mandatory hallmarking .....

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..... for silver and silver artifacts following consumer demands. "There is a demand from consumers for mandatory hallmarking of silver. You (BIS) can deliberate and take a call," Joshi said at the 78th BIS Foundation Day event. The work in this direction has already begun and the government will take a decision after completion of stakeholder consultations and feasibility assessment by BIS, the ministe .....

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..... r told reporters on the sidelines of the event. "I have asked BIS to work out feasibility and take reactions from consumers and ornament dealers. We will consult all stakeholders and start the process," he added. Silver hallmarking, which certifies the purity of the white metal, is currently voluntary. BIS Director General Pramod Kumar Tiwari told PTI that the Bureau could be ready to implement ma .....

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..... ndatory silver hallmarking within 3-6 months, adding that the stakeholder discussions were underway. "Several rounds of discussions were held with stakeholders and they are in favour of it. The discussion on printing a unique six-digit alphanumeric code is going on," Tiwari said. The move follows successful implementation of mandatory gold hallmarking introduced in June 2021, which now covers 361 .....

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..... districts. The existing system includes a unique six-digit alphanumeric code (HUID) certifying gold purity. According to the minister, about 90 per cent of jewellery being purchased is now hallmarked. More than 44.28 crore gold jewellery items have been hallmarked with unique IDs since the launch. Stakeholders from Gujarat, Karnataka and other states have requested the extension of mandatory hallm .....

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..... arking to silver, the minister added. BIS, established under the BIS Act in 1986, is an autonomous national body responsible for setting quality standards for products and services. PTI LUX HVA - - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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