The 6 digit HUID was launched from July 01, 2021 and all articles hallmarked publish this date need to be hallmarked with HUID solely. (Representative picture)
In India, at current two treasured metals particularly gold and silver have been introduced beneath the purview of hallmarking.
Gold funding has been a well-liked possibility for folks in India for hundreds of years. Gold is taken into account a logo of wealth, prosperity, and success in Indian tradition, and it’s usually given as a present throughout festivals and particular events. Physical gold contains shopping for gold jewelry, cash, and bars. Buyers can buy this stuff from banks, jewelry outlets, and authorised sellers.
However, traders must be cautious of counterfeit merchandise and make sure that they purchase from respected sellers.
To make sure that genuine and authentic buy is made, authorities has laid down procedures to be adopted by stakeholders within the curiosity of consumers. One such mandate if hallmarked jewelry.
What Is Hallmarking?
As per Bureau of Indian Standards, hallmarking is the correct willpower and official recording of the proportionate content material of treasured steel in treasured steel articles. Hallmarks are thus official marks utilized in India as a assure of purity or fineness of treasured steel articles
In India, at current two treasured metals particularly gold and silver have been introduced beneath the purview of hallmarking.
As per part 49 of BIS Rules, 2018 in case hallmarked jewelry purchased by the buyer is discovered to be of lesser purity than that marked on jewelry, then the customer/buyer shall be entitled for compensation which shall be two occasions the quantity of distinction calculated on the idea of scarcity of purity for the burden of such article bought and the testing prices.
The 6 digit HUID was launched from July 01, 2021 and all articles hallmarked publish this date need to be hallmarked with HUID solely. After introduction of HUID, the hallmark consisted of three marks viz, BIS brand, purity of the article and six-digit alphanumeric HUID. Each hallmarked article has a novel HUID quantity which is traceable.
A shopper can examine and authenticate hallmarked gold jewelry objects with HUID quantity utilizing ‘verify HUID’ within the BIS CARE app which is accessible in each android in addition to iOS. It gives info of the jeweller who received the article hallmarked, their registration quantity, purity of the article, sort of article in addition to particulars of hallmarking centre which take a look at and hallmarked the article.
Using this info a standard shopper can confirm the article being bought by matching it with article sort in addition to its purity.
This was about hallmarked jewelry, nonetheless, even in case you have unhallmarked outdated gold jewelry, you possibly can examine its purity. A standard shopper can get the purity of their unhallmarked gold jewelry examined at any of the BIS recognised Assaying and Hallmarking Centres (AHCs).
The AHCs undertake the testing of gold jewelry from frequent customers on precedence and supply a take a look at report back to the buyer.
The take a look at report issued to the buyer will guarantee the buyer concerning the purity of their jewelry and also will be helpful if the buyer needs to promote the jewelry mendacity with him.
Gold Purity Test Charges
The prices for testing of gold jewelry upto 4 articles is Rs 200. For 5 or extra articles, the costs are Rs 45 per article.
After paying testing prices of Rs. 200 to any of BIS recognised AH centres. The listing of BIS recognised AH centres is accessible at BIS web site www.bis.gov.in beneath the hallmarking tab.
Some of the rules on testing of outdated gold jewelry and artefacts of the buyer by the Assaying and Hallmarking Centres are given beneath;
- Consumers can carry one or a number of items of jewelry mendacity with them for testing to BIS recognised AHC.
- The lot introduced by the buyer upto 10 items could also be thought of as a combined lot and examined as per the provisions of combined tons talked about within the IS 15820: 2009.
- The jewelry introduced by the buyer shall be weighed within the presence of the buyer.
Consumers can examine detailed pointers right here
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