: Hallmarking of Gold Jewellery to begin from June 15 #FinanceIndia #StockMarketNEWS Hallmarking of Gold Jewellery to begin from June 15 New Delhi, May 25 (KNN) In view of Covid, the government

@StockMarketNEWS Thu 27 May, 2021

Posted in: #FinanceIndia #StockMarketNEWS

Hallmarking of Gold Jewellery to begin from June 15 #FinanceIndia #StockMarketNEWS
Hallmarking of Gold Jewellery to begin from June 15 New Delhi, May 25 (KNN) In view of Covid, the government has further extended the deadline for mandatory hallmarking of gold jewellery till June 15.

The decision in this regard was taken at a meeting chaired by Consumer Affairs Minister Piyush Goyal on Monday.

In November 2019, the government had announced that hallmarking of gold jewellery and artefacts would be made mandatory across the country from January 15, 2021. However, the deadline was extended for four months till June 1 after jewellers sought more time in view of the pandemic.

"In view of Covid, the government accepted the request of stakeholders to give jewellers some more time to get prepared for implementation and resolve issues," an official statement said.

Hallmarking of gold jewellery is set to begin from June 15. Earlier, it was expected to be implemented from June 1, 2021, it added.

Speaking on the occasion, Goyal said that India must have the worlds best standards in Gold Jewellery. The Customers must get Hallmark certified Gold at Earliest all across the country without any further delay.

The Hallmarking of jewellery/artefacts is required to enhance the credibility of gold Jewellery and Customer satisfaction through third party assurance for the marked purity/fineness of gold , consumer protection. This step will also help to develop India as a leading gold market centre in the World.

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