BIS hallmark
Hallmarking system in India / From Wikipedia, the free encyclopedia
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The BIS Hallmark is a hallmarking system for gold as well as silver jewellery sold in India, certifying the purity of the metal.[1][2] It certifies that the piece of jewellery conforms to a set of standards laid by the Bureau of Indian Standards, the national standards organization of India. India is the second biggest market for gold and its jewellery.
Quick Facts Standards organization, Certifying agency ...
BIS hallmark | |
---|---|
Standards organization | Bureau of Indian Standards |
Certifying agency | Accredited 'Assaying & Hallmarking Centres' |
Effective region | India |
Effective since | 2000 for Gold jewelry, 2005 for Silver jewelry |
Product category | Gold jewelry, Silver jewelry |
Website | bis.org.in |
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India imports in excess of 1000 tons annually (including unofficially smuggled gold) with negligible local production.[3] The annual gold imports are around 50 billion US$ next only to crude oil imports widening the trade deficit.[4]