Hallmarking was optional earlier, but now the government of India made it is mandatory with the aim to ensure the customers are not cheated by the sellers.
What is Hallmarking in gold?
Gold Hallmarking is a purity certificate for gold. The BIS (Bureau of Indian standard) defines it as the accurate determination and official recording of the proportionate content of the precious metal.
Gold hallmarking is mandatory the purity certification of the precious metal came into force in June. As per the new rules if the jeweler or jewels made of 14 carats, 18 carats,s, or 22-carat gold is sold without the BIS hallmark the jeweler could be punished under the law.
The Indian standard of hallmarking is
IS 1417:2016 – for gold and gold alloys
IS 2112:2014 – for silver and silver alloys
IS 15820:2009 – the general requirement for establishment and operations of assaying
IS 1418:2001 – determination of gold in gold bullion and gold jeweler (fire assay method)
IS 2113:2014 – silver assaying method
IS 1417:2016 – permits gold jewellery/artifacts -fineness and marking
Who needs to get the jeweler hallmarked
The first point of sale is the need for the jewellery to be hallmarked such as manufacturer, retailer, wholesaler. The hallmarking has to be done only for the 1st time who has made the point of sale.
The following marks are marked on the jeweler
BIS standard (Logo)
Purity
UID number
Jewellery mark as per the regulations
The following details of the jeweller have to mention in the bill which is used to purchase
Net weight of the metal
Purity and fineness
Charges in the bill
Description of the jewel
We Hire Indian Coders have experience in developing the hallmarking application and the hallmarking application has the modules like
Front Office
XRF
Sampling
Marketing
QC
Accounts
Reports.
Conclusion
The Hallmarking application has all the options from receiving the material to dispatch. As per the latest regulation, all the jewels should have a hallmark and each jewel should have a unique id on it. If you are planning to the software for hallmarking, we are here to help your business by automating the hallmarking process. Hire Indian coders has an experienced team in building scalable, secured, applications with the latest technologies.
