The BIS hallmarking system is proof of the purity of the gold ornaments selling in the jewelry. The Bureau of Indian Standards appointed agencies are eligible for marking on jewelry. There are 4 pieces of information marking on the ornaments. The first is the Bureau of Indian Standards (BIS) logo, followed by the purity of gold (22/20/18 ct or .916 / .875 / .750), followed by the logo of the hallmark agency and lastly, the logo of the gold jewelry who is selling it.
Although the BIS Hallmarking process has been in place since the year 2000, only a few major gold sales outlets have boldly used the system. They used to take more making charges, saying this is Hallmarked Ornaments. Other jewelry seals, such as 22/20 and 22/19, were placed in jewelry and escaped the Quality Control.
Now, you need to know what is 22/20 or 22/19. It sys the purity of the gold used in making the ornament is 22 carats, and the gold used for welding the jewelry parts is less than 22 carats. Therefore, it shows that if we melt the ornament, the purity will be 20 carats or 19 carats., when comparing to the total purity of the ornament. (The gold used for making ornament is 22 carats and if we solder the parts with 22 ct. the parts also burn along with the soldering. So the gold used for soldering is made with more silver percentage to smoothen and to reduce the melting point.
However, the central government has decided to make BIS Hallmarking is mandatory. This is a very good choice for jewelry buyers. This mandatory decision will come into effect from 15th January 2020 but will be permitted to sell currently manufactured jewelry up to 14th January 2021. But from 15th January 2021 onwards, the rule that only BIS Hallmarked jewelry should be sold is strictly enforced and checking and seizure will commence.
22 ct (.916) Gold is obtained from 11 grams of pure gold (Thankam)is added with 1 gram of copper/silver.
In other words, the mixture of 11 grams of pure Gold and 1gram Copper/Silver will give the 22 carat Gold. The higher the quantity of copper/silver, the lower the purity of gold.
The pure Gold is very flexible and the Wear and tear will be more. So to harden the Gold, Copper or Silver is adding. This hardening is also necessary for making ornaments with high craftsmanship.
There are currently over five lakh gold merchants, one lakh gold jewelry manufacturing units and thousands of wholesale dealers. Within this, 29,000 merchants have a Hallmarking License. At present, none of the 889 Hallmarking institutions in the country are owned by the government. The gold merchants want government institutions to conduct the hallmarking process. Gold traders are concerned that the centers of existing hallmarking institutions are substandard.
The law states that if the purity of the Hallmarked jewelry is defective, the responsibility is solely with the merchants. Merchants are demanding that this clause be removed and that its responsibility be transferred to the Hallmarking Agency. All jewelry owners should be provided with the right to have the Hallmarking license. They also demand to bring jewelry making units and wholesale dealers under this law, without enforcing the law exclusively for Merchants. From them, merchants buy jewelry and sell it to customers. It is necessary to bring them under the purview of this Act to ensure that users get pure gold. Merchants now have to pay huge amounts to make Hallmarking on the ornaments. To get a hallmarking license they have to pay a huge fee. Renewing the license also requires a huge amount of money. GST registration is mandatory for applying for Hall Marking License. But many small jewelers in the country are not GST-bound.
Minister of State for Consumer Affairs, Ram Vilas Paswan, has said that the number of Hallmarking Centers in India will increase, but there are currently no plans to introduce Hall Marking Centers in the government sector.
(Author has over 26 years of experience as a manager in a reputed jewelry )
"Cheruthulli Peruvellam"
small drops make a mighty ocean