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Penalty for not making mandatory hallmarking of gold now after August


The central government on Wednesday said no fine will be imposed on goldsmiths who do not comply with the mandate of mandatory hallmarking on jewellery, till August. The government has taken this decision after the request of goldsmiths affected by Kovid-19. However, the government said that action will be taken on the complaints of consumers as per rules. Consumers can lodge complaints on the BISCARE application and the consumer portal of the Union Ministry of Consumer Affairs.

Read also: Gold Hallmarking: Will the gold kept in the house become useless now, the government has changed the rules

The hallmark on gold in the country was voluntary till now. In the year 2019, the central government had announced to make hallmark mandatory on gold from January 15, 2021. This deadline was postponed twice to 15 June 2021 after goldsmiths demanded more time due to the Kovid-19 epidemic. Director General of Bureau of Indian Standards (BIS) Pramod Kumar Tiwari said that this is a big step to protect the interest of consumers.

Read also: 25 paise coin can make you the owner of 1.5 lakh rupees, you will get wealth sitting at home

To make goldsmiths compliant with the new system, the government has decided not to impose fines till August for non-compliance with the mandatory hallmark norms, he said. Significantly, the hallmark on gold is the certification of the purity of the precious metal, which has now been made mandatory by the government for all goldsmiths.

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Penalty for not making mandatory hallmarking of gold now after August
Kiran Morehttp://mytechspark.com
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