“Hallmarking will benefit customers as it will ensure uniformity in caratage. This initiative will also improve the industry’s credibility.”
Certain items have been exempted from the hallmarking requirement. These include any gold piece that weighs less than 2 grams; any piece that uses gold thread; gold bullion in any shape, such as bar, plate, sheet, foil, rod, wire, strip, tube or coin; and special categories of jewellery, such as kundan, polki, jadaau, etc.
“Jewellers with annual turnover less than ~40 lakh
have been exempted, as has jewellery used only for exhibition purpose, watches, fountain pens, and a few special types of jewellery,” says Anushkaa Arora.
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