News

Unique ID for all hallmarked jewellery soon

Unique ID will help in curbing duplication and help in traceability of selling of substandard items.

diamond world news service

Each piece of hallmarked jewellery sold through registered jewellers and BIS recognised hallmarking centres across India will soon have a unique ID, says a report.

The Bureau of Indian Standards (BIS) is working to give a unique nine-digit ID for each hallmarked item and the same number will be there for number of pieces, this will help in curbing duplication and help in traceability i.e. in case of buying of a piece which turns out to be substandard, the seller can be held responsible for it.

There are reportedly over 13,000 licensed jewellers registered by the BIS and over 300 hallmarking centres recognised by BIS across India and sale of hallmarked gold jewellery in the country is growing at an annual rate of 25 per cent and had touched 2.6 crore pieces last year, thereby showcasing that despite being voluntary the demand for hallmarked jewellery in India is very high.


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