“Old Hallmark Brand Jewellery Takes 3 Months to Sell: Latest Tamil News”

The Indian government has given a 3-month window to 16,000 jewelers who have not been selling ‘Hallmark’ branded gold jewelry and items to sell their old stock. As of April 1st, the government mandated that only gold jewelry and gold-based products with the new 6-digit BIS and Hallmark certification mark for gold and gold-based products can be sold. The Union Ministry of Consumer Affairs issued a notification in the gazette, stating that authorized jewelers have until June 30th to sell their stock. The rest of the registered jewelers must only sell gold jewelry with the 6-digit hallmark from April 1st onwards. There will be no extension of the deadline.

New Delhi: The central government has given 3 months time to only 16,000 jewelers who are not selling ‘Hallmark’ branded gold jewelery and items to sell old jewellery.
From April 1, the central government had mandated that only gold jewelery and gold-based products should be sold with the new 6-digit BIS and Hallmark certification mark for gold and gold-based products.

Permission to sell

In this case, the Union Ministry of Consumer Affairs has issued a notification in the gazette. It has been said: From the first of April this year, the order has been issued that 6-digit BSI, Hallmark stamp is mandatory for all gold products.
In this case, in a consultation meeting held with experts and jewelers, 16,000 jewelers have been given three months’ time to sell hallmarked jewelery by the old method before July 2021.
According to this, this period is given till the coming 30th of June. Within this time limit, authorized jewelers are allowed by the Ministry to sell their stock.
This was stated in the notification.

Niti Kare, Additional Secretary, Consumer Affairs, said: There are 1.56 lakh registered jewelery shops across the country. Of these, 16 thousand, 243 jewelers have been allowed to sell their old hallmarked jewelery by June 30 this year.

No extension

This permission is given for 3 months only. This is the deadline. Thereafter, the period shall not be extended.
Apart from these authorized jewellers, the rest of the registered jewelers will be able to sell gold jewelery only with the 6-digit hallmark from April 1.
This is what he said.