{"id":286549,"date":"2023-03-07T16:30:48","date_gmt":"2023-03-07T11:00:48","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=286549"},"modified":"2023-03-07T14:28:28","modified_gmt":"2023-03-07T08:58:28","slug":"hallmarking-of-gold-jewellery-and-gold-artefacts-amendment-order-2023","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2023\/03\/07\/hallmarking-of-gold-jewellery-and-gold-artefacts-amendment-order-2023\/","title":{"rendered":"Hallmarking of Gold Jewellery and Gold Artefacts (Amendment) Order, 2023"},"content":{"rendered":"<div style=\"text-align: justify; line-height: 150%;\">\n<p style=\"margin-bottom: 3%;\">On 6-3-2023, the Ministry of Consumer Affairs, Food and Public Distribution notified the Hallmarking of Gold Jewellery and Gold Artefacts (Amendment) Order, 2023 to amend the Hallmarking of Gold Jewellery and Gold Artefacts Order, 2020. The provisions came into force on 6-3-2023.<\/p>\n<p style=\"margin-bottom: 3%;\">Clause 2 of the Order relates to <span style=\"font-weight: bold;\">Compulsory selling of precious metals articles of gold marked with Hallmark through certified sales outlets<\/span>, in the same regard <span style=\"font-weight: bold;\">sub-clause (2A)<\/span> has been inserted that restrains anyone to sell\/ display\/ offer to sell any gold jewellery or gold artefacts that is not hallmarked in accordance with the standards specified by Bureau of Indian Standards (&#8216;BIS&#8217;) in Notification dated 7-7-2021 as mentioned below: <\/p>\n<p style=\"text-align: center;\"><b>SCHEDULE<\/b><\/p>\n<table style=\"border-bottom-width: 0.5pt; border-bottom-style: solid; border-left-width: 0.5pt; border-left-style: solid; border-right-width: 0.5pt; border-right-style: solid; border-collapse: collapse; border-top-width: 0.5pt; border-top-style: solid; margin-left: 0.09mm; margin-right: auto; table-layout: fixed; width: 165.11mm; margin-bottom: 3%; margin-left: auto; margin-right: auto;\">\n<colgroup>\n<col width=\"52\">\n<col width=\"198\">\n<col width=\"124\">\n<col width=\"125\">\n<col width=\"125\">\n<\/colgroup>\n<tbody>\n<tr>\n<td valign=\"top\" colspan=\"1\" rowspan=\"\" style=\"border-bottom-width: 0.5pt; border-bottom-style: solid; border-left-width: 0.5pt; border-left-style: solid; border-right-width: 0.5pt; border-right-style: solid; border-top-width: 0.5pt; border-top-style: solid; padding-bottom: 0.0mm; padding-left: 1.91mm; padding-right: 1.91mm; padding-top: 0.0mm; vertical-align: top; width: 13.76mm;\">\n<p style=\"line-height: normal; font-family: Times New Roman; font-size: 12.0pt;\"><span style=\"font-weight: bold;\">Sl No.<\/span><\/p>\n<\/td>\n<td valign=\"top\" colspan=\"1\" rowspan=\"\" style=\"border-bottom-width: 0.5pt; border-bottom-style: solid; border-left-width: 0.5pt; border-left-style: solid; border-right-width: 0.5pt; border-right-style: solid; border-top-width: 0.5pt; border-top-style: solid; padding-bottom: 0.0mm; padding-left: 1.91mm; padding-right: 1.91mm; padding-top: 0.0mm; vertical-align: top; width: 52.39mm;\">\n<p style=\"line-height: normal; font-weight: bold; font-family: Times New Roman; font-size: 12.0pt;\">No., Year &amp; Title of the Indian Standard<\/p>\n<\/td>\n<td valign=\"top\" colspan=\"1\" rowspan=\"\" style=\"border-bottom-width: 0.5pt; border-bottom-style: solid; border-left-width: 0.5pt; border-left-style: solid; border-right-width: 0.5pt; border-right-style: solid; border-top-width: 0.5pt; border-top-style: solid; padding-bottom: 0.0mm; padding-left: 1.91mm; padding-right: 1.91mm; padding-top: 0.0mm; vertical-align: top; width: 32.92mm;\">\n<p style=\"line-height: normal; font-weight: bold; font-family: Times New Roman; font-size: 12.0pt;\">No. And Month\/Year of the Amendment<\/p>\n<\/td>\n<td valign=\"top\" colspan=\"1\" rowspan=\"\" style=\"border-bottom-width: 0.5pt; border-bottom-style: solid; border-left-width: 0.5pt; border-left-style: solid; border-right-width: 0.5pt; border-right-style: solid; border-top-width: 0.5pt; border-top-style: solid; padding-bottom: 0.0mm; padding-left: 1.91mm; padding-right: 1.91mm; padding-top: 0.0mm; vertical-align: top; width: 33.02mm;\">\n<p style=\"line-height: normal; \"><span style=\"font-weight: bold; font-family: Times New Roman; font-size: 12.0pt;\">Date of Establishment of the Amendment<\/span><\/p>\n<\/td>\n<td valign=\"top\" colspan=\"1\" rowspan=\"\" style=\"border-bottom-width: 0.5pt; border-bottom-style: solid; border-left-width: 0.5pt; border-left-style: solid; border-right-width: 0.5pt; border-right-style: solid; border-top-width: 0.5pt; border-top-style: solid; padding-bottom: 0.0mm; padding-left: 1.91mm; padding-right: 1.91mm; padding-top: 0.0mm; vertical-align: top; width: 33.02mm;\">\n<p style=\"line-height: normal; \"><span style=\"font-weight: bold; font-family: Times New Roman; font-size: 12.0pt;\">Date till which the standard without the amendment as mentioned in column 3 shall remain in force<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" colspan=\"1\" rowspan=\"\" style=\"border-bottom-width: 0.5pt; border-bottom-style: solid; border-left-width: 0.5pt; border-left-style: solid; border-right-width: 0.5pt; border-right-style: solid; border-top-width: 0.5pt; border-top-style: solid; padding-bottom: 0.0mm; padding-left: 1.91mm; padding-right: 1.91mm; padding-top: 0.0mm; vertical-align: top; width: 13.76mm;\">\n<p style=\"line-height: normal; font-family: Times New Roman; font-size: 12.0pt;\">1<\/p>\n<\/td>\n<td valign=\"top\" colspan=\"1\" rowspan=\"\" style=\"border-bottom-width: 0.5pt; border-bottom-style: solid; border-left-width: 0.5pt; border-left-style: solid; border-right-width: 0.5pt; border-right-style: solid; border-top-width: 0.5pt; border-top-style: solid; padding-bottom: 0.0mm; padding-left: 1.91mm; padding-right: 1.91mm; padding-top: 0.0mm; vertical-align: top; width: 52.39mm;\">\n<p style=\"line-height: normal; \"><span style=\"font-family: Times New Roman; font-size: 12.0pt;\">IS 1417: 2016 Gold and Gold Alloys, Jewellery \/Artefacts &#8211; Fineness and Marking &#8211; Specification (Fourth Revision)<\/span><\/p>\n<\/td>\n<td valign=\"top\" colspan=\"1\" rowspan=\"\" style=\"border-bottom-width: 0.5pt; border-bottom-style: solid; border-left-width: 0.5pt; border-left-style: solid; border-right-width: 0.5pt; border-right-style: solid; border-top-width: 0.5pt; border-top-style: solid; padding-bottom: 0.0mm; padding-left: 1.91mm; padding-right: 1.91mm; padding-top: 0.0mm; vertical-align: top; width: 32.92mm;\">\n<p style=\"line-height: normal; \"><span style=\"font-family: Times New Roman; font-size: 12.0pt;\">Amendment No. 1 July, 2021<\/span><\/p>\n<\/td>\n<td valign=\"top\" colspan=\"1\" rowspan=\"\" style=\"border-bottom-width: 0.5pt; border-bottom-style: solid; border-left-width: 0.5pt; border-left-style: solid; border-right-width: 0.5pt; border-right-style: solid; border-top-width: 0.5pt; border-top-style: solid; padding-bottom: 0.0mm; padding-left: 1.91mm; padding-right: 1.91mm; padding-top: 0.0mm; vertical-align: top; width: 33.02mm;\">\n<p style=\"line-height: normal; font-family: Times New Roman; font-size: 12.0pt;\">7 July, 2021<\/p>\n<\/td>\n<td valign=\"top\" colspan=\"1\" rowspan=\"\" style=\"border-bottom-width: 0.5pt; border-bottom-style: solid; border-left-width: 0.5pt; border-left-style: solid; border-right-width: 0.5pt; border-right-style: solid; border-top-width: 0.5pt; border-top-style: solid; padding-bottom: 0.0mm; padding-left: 1.91mm; padding-right: 1.91mm; padding-top: 0.0mm; vertical-align: top; width: 33.02mm;\">\n<p style=\"line-height: normal; font-family: Times New Roman; font-size: 12.0pt;\">7 July, 2021<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>On 6-3-2023, the Ministry of Consumer Affairs, Food and Public Distribution notified the 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Viswanath (Presiding Member) while addressing the appeal, expressed that: If the valuation of the lost gold is determined as on the date when reimbursement is made by insurer, it would open Pandora\u2019s box where the beneficiaries of such Policies may seek undue benefit\u2026","rel":"","context":"In &quot;Case Briefs&quot;","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"National Consumer Disputes Redressal Commission","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/08\/NCDRC_.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/08\/NCDRC_.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/08\/NCDRC_.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/08\/NCDRC_.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/08\/NCDRC_.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":57091,"url":"https:\/\/www.scconline.com\/blog\/post\/2016\/07\/18\/government-accepts-the-recommendations-of-sub-committee-of-the-high-level-committee-to-interact-with-trade-industry-on-tax-laws-on-issues-relating-to-compliance-procedure-for-the-excise-duty\/","url_meta":{"origin":286549,"position":2},"title":"Government accepts the recommendations of Sub-Committee of the High Level Committee to interact with Trade &#038; Industry on Tax Laws on issues relating to compliance procedure for the excise duty","author":"Sucheta","date":"July 18, 2016","format":false,"excerpt":"In this year\u2019s Budget, a nominal excise duty of 1% [without input and capital goods credit] or 12.5% [with input tax credit] has been imposed on articles of jewellery with simplified procedures. In this connection, the Central Government had constituted a Sub-Committee of the High Level Committee to interact with\u2026","rel":"","context":"In &quot;Hot Off The Press&quot;","block_context":{"text":"Hot Off The Press","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/hot_off_the_press\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/11\/Press-Information-Bureau.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/11\/Press-Information-Bureau.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/11\/Press-Information-Bureau.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/11\/Press-Information-Bureau.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/11\/Press-Information-Bureau.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":359278,"url":"https:\/\/www.scconline.com\/blog\/post\/2025\/09\/06\/hallmarking-unique-identification-for-silver-jewelry-and-articles\/","url_meta":{"origin":286549,"position":3},"title":"Silver Gets Smarter: BIS Launches Hallmarking Unique Identification (HUID) to identify Purity &amp; Protection","author":"Editor","date":"September 6, 2025","format":false,"excerpt":"The new Hallmarking Unique Identification (HUID)- based hallmarking for silver jewelry and articles introduces BIS Care App to safeguard consumers against any malpractices.","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"Hallmarking Unique Identification for silver jewelry","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/09\/Hallmarking-Unique-Identification-for-silver-jewelry.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/09\/Hallmarking-Unique-Identification-for-silver-jewelry.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/09\/Hallmarking-Unique-Identification-for-silver-jewelry.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/09\/Hallmarking-Unique-Identification-for-silver-jewelry.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":89381,"url":"https:\/\/www.scconline.com\/blog\/post\/2016\/12\/02\/clarifications-with-respect-to-gold-jewellery-under-income-tax-law\/","url_meta":{"origin":286549,"position":4},"title":"Clarifications with respect to gold jewellery under Income Tax Law","author":"Saba","date":"December 2, 2016","format":false,"excerpt":"In order to remove any doubt about the current position of Income Tax Law with respect\u00a0to gold jewellery, the following points are categorically clarified: There is no limit on holding of gold jewellery or ornaments by anybody provided it is\u00a0acquired from explained sources of income including inheritance Vide circular dated\u2026","rel":"","context":"In &quot;Hot Off The Press&quot;","block_context":{"text":"Hot Off The Press","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/hot_off_the_press\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7119,"url":"https:\/\/www.scconline.com\/blog\/post\/2014\/05\/30\/advance-against-pledge-of-gold-silver-ornaments\/","url_meta":{"origin":286549,"position":5},"title":"Advance against Pledge of Gold\/ Silver Ornaments","author":"Sucheta","date":"May 30, 2014","format":false,"excerpt":"Reserve Bank of India vide notification dated May 9, 2014, allowed banks to lend more money or grant loans sanctioned by UCBs upto 75% of the value of gold ornaments and jewellery. It also includes bullet repayment loans against pledge of gold jewellery. For ensuring the transparency to the borrower,\u2026","rel":"","context":"In &quot;Case Briefs&quot;","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/10\/scc-blog_Page_9.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/10\/scc-blog_Page_9.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/10\/scc-blog_Page_9.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/10\/scc-blog_Page_9.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/10\/scc-blog_Page_9.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/286549","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/67515"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=286549"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/286549\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media\/286548"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=286549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=286549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=286549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}