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    Leading retailers step up gold jewellery hallmarking ahead of deadline

    Synopsis

    BIS hallmarking has been made mandatory for gold jewellery of 14, 18 and 22 carat sold from June 1. Failure to comply could attract a penalty of up to five times the cost of the object and imprisonment up to one year.

    Leading jewellery retailers, including Tanishq, Malabar Gold & Diamonds, and Senco Gold & Diamonds, have stepped up gold jewellery hallmarking, which is set to become mandatory from June 1.“We have tied up with selected BIS accredited hallmarking centres, which we have ascertained, have good quality processes and appropriate capacity. We have commenced the process of hallmarking from these select centres to ensure that we are fully ready by June
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    The Economic Times