FREQUENTLY ASKED QUESTIONS ON HALLMARKING OF GOLD & SILVER

 

 

 

What is Hallmarking?

What are the objectives behind instituting Hallmarking Scheme?

What are the benefits to Customer?

How will the jewelers benefit?

Who operates the Hallmarking Scheme?

What is the procedure for Grant of Licence to Jewellers?

What is the procedure for Grant of Recognition to Assaying and Hallmarking Centres?

What control BIS has on Licensee Jewellers and Recognized Assaying and Hallmarking Centres?

What one should look for in an Hallmarked gold article?

Does BIS Scheme Cover hallmarking of Gold Medallions?

How much does it cost to get an gold article hallmarked?

How much does it cost to get a silver article hallmarked?

What one should look for in an Hallmarked silver article?

 

 

 

 

 

 

 

 

 

 

Q. 1   What is Hallmarking?

 

A.        Hallmarking   is    the    accurate    determination    and    official   recording    of   the proportionate  content  of  precious  metal  in  precious  metal  articles. Hallmarks are thus official marks used in many countries as a guarantee of purity or fineness of precious metal articles. In India, at present two precious metals namely gold and silver have been brought under the purview of Hallmarking. Top

 

Q. 2     What are the objectives behind instituting Hallmarking Scheme?  

 

A.        To protect consumer against victimization due to irregular gold or silver quality, and to  develop  India  as  a  leading  gold  market  centre  in  the  World  and  to  develop  export competitiveness. Top

 

Q. 3     What are the benefits to Customer?

 

 

A         Provide third party assurance and satisfaction that customer gets right purity of gold (or silver) for the given price (value for money). Hallmark will serve as third party assurance. Top

 

Q. 4     How will the jewelers benefit?

 

 

A.        It will provide clear indication of his capability, strong evidence of commitment to quality and assurance of consistency in purity and quality of gold or silver jewellery. Top

 

Q. 5     Who operates the Hallmarking Scheme?

 

 

A.        It is a voluntary scheme being operated by BIS through its network of Regional/ Branch Offices all over the country. As per this scheme licence is granted to a jeweler for certification of purity of gold (or silver) jewellery in accordance with IS 1417 (IS 2112 for Silver) (see list of licensed jewellers at www.bis.org.in).  A licensee jeweller has to get the jewellery hallmarked through any of the BIS recognized Assaying and hallmarking centres (see list of  assaying centres at www.bis.org.in under Hallmarking of gold & silver). Top


 

Q. 6     What is the procedure for Grant of Licence to Jewellers?

 

 

A.        The jeweller needs to apply to the concerned Branch office of BIS in the prescribed application form along with necessary documents and fees for obtaining a licence. Application Form with details of documents to be submitted and fees as applicable are available on BIS website (www.bis.org.in ). The licensed jeweller shall get the Jewellery hallmarked from a BIS recognized Assaying & Hallmarking Centre. It is the prime responsibility of the licensed jeweller to ensure that the jewellery offered for Hallmarking has the declared fineness and homogeneity.  List of BIS licensed Jewellers is also available on BIS website. Link for locating hallmarked jeweller in your city has also been provided on BIS website. Top

 

Q. 7   What is the procedure for Grant of Recognition to Assaying and Hallmarking Centres?

 

 

A.        The recognition of an Assaying and Hallmarking Centre is done by BIS after ensuring that the Centre has requisite infrastructure and quality management system as per IS 15820 : 2009, IS 1417 for Gold and IS 2112 for Silver and assaying (test) facilities as per IS 1418 for Gold and IS 2113 for Silver and also, trained and competent manpower. The list of BIS recognized assaying and hallmarking Centres is also hosted on BIS website. Top

 

 

Q. 8   What control BIS has on Licensee Jewellers and Recognized Assaying and Hallmarking Centres?

 

 

A.        Regular surveillance audit of Assaying and hallmarking centres and testing of random   market samples drawn from licensee jewellers is carried out.  Renewal of recognition of hallmarking centres and jewellers is based on performance every three years. If any jeweller or  assaying and hallmarking centre is not found conforming to the requirements, action is taken by BIS against erring Firm as per laid down procedure so that credibility of scheme is maintained. Top


 

Q. 9     What one should look for in an Hallmarked gold article?

 

 

 

A.   (From 01 January 2017)

        Gold Hallmark consists of following

        i) BIS Mark http://www.bis.org.in/images/logo_hm.png

        ii) Purity in carat and Fineness (it can be any of the following)

22K916

Corresponding to 22 Carat

18K750

Corresponding to 18 Carat

14K585

Corresponding to 14 Carat

        iii) Assaying/Hallmarking Centre’s Identification Mark/Number

        iv) Jeweller’s Identification Mark/number

            (Before 01 January 2017)
            Gold Hallmark consists of following

 

i)          BIS Mark                                    

 

ii)        Purity grade/fineness (it can be any one of the following )

 

 

 

958

Corresponding to 23 Carat

916

Corresponding to 22 Carat

875

Corresponding to 21 Carat

750

Corresponding to 18 Carat

708

Corresponding to 17 Carat

585

Corresponding to 14 Carat

375

Corresponding to 9 Carat

 

 

iii)       Assaying/Hallmarking Centre’s Identification Mark (one of the logos as displayed on BIS website)

iv)        Year of Marking denoted by a code letter e.g.

 

 

‘A’ for year 2000

‘B’ for year 2001

‘C’ for year 2002

‘R’ for year 2013

v)

Jeweller’s Identification Mark

 

                                                                                                                                                    Top

Q. 10  Does BIS Scheme Cover hallmarking of Gold Medallions?

 

 

A.        Gold medallions (of the shape of coins) of 995 fineness and below are being permitted to be hallmarked. Top

 

Q. 11  How much does it cost to get an gold article hallmarked?

 

 

A.        Following hallmarking charges are applicable:

 

Ø          Rs. 25/- per article

 

Ø          Minimum charges for a consignment shall be Rs. 150/- .

 

(Services Tax and other levies as applicable shall be extra) Top

Q. 12  How much does it cost to get a silver article hallmarked?

 

 

A.        Following hallmarking charges are applicable:

Ø   Rs.25/-per article 

Ø  Minimum charges per consignment is Rs 150.00

 

(Services Tax and other levies as applicable shall be extra). Top

Q. 13  What one should look for in an Hallmarked silver article?  

A.        (From 01 January 2017)


Silver Hallmark consists of following

i) BIS Mark http://www.bis.org.in/images/logo_hm.png

Silver

ii) Puritygrade/fineness(itcanbeanyoneofthefollowing)

Grade Fineness
9999 Fine Silver 999.9
9995 999.5
999 999.0
990 Silver alloys
for jewellery
artefacts
990.0
970 970.0
925 925.0
900 900.0
835 835.0
800 800.0

iii) Assaying/Hallmarking Centre’s Identification Mark/Number

iv) Jeweller’s Identification Mark/number

(Before 01 January 2017)
Silver Hallmark consists of following

 

 


 

i)  BIS Mark


 

 

 

Silver

 


 

 

ii)  Purity grade/fineness (it can be any one of the following )

 

Grade                                      Fineness

9999                                        999.9

9995                Fine Silver       999.5

999                                          999.0

970                                          970.0

925                                          925.0

900                  Silver alloys     900.0

835                  for jewellery    835.0

800                  artefacts          800.0

 

 

 

 

 

    iii)  Assaying/Hallmarking Centre’s Identification Mark (one of the logos as displayed on

 

           BIS website)

      

  iv) Year of Marking denoted by a code letter e.g.‘R’ for year 2013

     v)       Jeweller’s Identification Mark  Top