Giving relief to jewelers, the center has extended the last date for hallmarking old jewelry stock from August 31 to November 30. The announcement was made after the meeting of DG BIS with Union Minister Piyush Goyal. According to Rakesh Kumar, president of the India Jewellers Forum (IJF), there will be no criminal law related to BIS rules in the meeting.
Hallmarking center will also be able to open local associations.
Now the centers will also have to accept one piece of jewelry each for hallmarking. Hallmarking of up to three pieces of jewelry will have to be done immediately. Lots up to 10 bits will have to be hallmarked first, giving priority to larger lots. Any retailer or jeweler can get his name laser stamped. For this, the hallmarking center will charge INR 5 per piece. Local associations have also been allowed to open hallmarking centers by giving subsidies.