{"id":45962,"date":"2022-08-02T12:53:57","date_gmt":"2022-08-02T07:23:57","guid":{"rendered":"https:\/\/corpbiz.io\/learning\/?p=45962"},"modified":"2022-08-02T12:53:59","modified_gmt":"2022-08-02T07:23:59","slug":"requirements-to-obtain-hallmark-for-gold-necklace","status":"publish","type":"post","link":"https:\/\/corpbiz.io\/learning\/requirements-to-obtain-hallmark-for-gold-necklace\/","title":{"rendered":"Requirements to Obtain Hallmark for Gold Necklace"},"content":{"rendered":"\n<p>In India, women have been more interested in gold for years, and gold is always a very secure and safe investment for Indians during a tough period. To protect customers from adulteration &amp; obligate jewellers to maintain jewellery purity, the BIS (Bureau of Indian Standards) started a jeweller&#8217;s registration scheme. BIS introduced the Gold Hallmarking Scheme in 2000 and Silver Hallmarking in 2005. As per the scheme, Hallmark is mandatory to manufacture &amp; sell gold and silver jewellery. The BIS hallmark registration procedure is reliable proof of the purity &amp; quality of jewellery items manufactured in India. <a href=\"https:\/\/corpbiz.io\/hallmark-registration\"><strong>Hallmark registration<\/strong><\/a> confirms that a particular jewellery item adheres to the standard of purity prescribed by BIS. This article will discuss the essential requirements to obtain Hallmark for Gold Necklace.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title ez-toc-toggle\" style=\"cursor:pointer\">Page Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/corpbiz.io\/learning\/requirements-to-obtain-hallmark-for-gold-necklace\/#What_is_BIS_Hallmark_in_jewellery_items\" >What is BIS Hallmark in\njewellery items?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/corpbiz.io\/learning\/requirements-to-obtain-hallmark-for-gold-necklace\/#Different_Levels_of_Purity_in_Gold_Jewellery\" >Different Levels of Purity in\nGold Jewellery<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/corpbiz.io\/learning\/requirements-to-obtain-hallmark-for-gold-necklace\/#Importance_of_BIS_Hallmark_Registration_for_Gold_Necklace\" >Importance of BIS Hallmark\nRegistration for Gold Necklace<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/corpbiz.io\/learning\/requirements-to-obtain-hallmark-for-gold-necklace\/#Documents_required_for_obtaining_Hallmark_for_Gold_Necklace\" >Documents required for\nobtaining Hallmark for Gold Necklace<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/corpbiz.io\/learning\/requirements-to-obtain-hallmark-for-gold-necklace\/#Process_for_obtaining_Hallmark_for_Gold_Necklace\" >Process for obtaining Hallmark\nfor Gold Necklace<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/corpbiz.io\/learning\/requirements-to-obtain-hallmark-for-gold-necklace\/#Signs_to_Check_for_Purity_or_fineness_of_Gold_of_BIS_Hallmarked_Jewellery\" >Signs to Check for Purity or\nfineness of Gold of BIS Hallmarked Jewellery<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/corpbiz.io\/learning\/requirements-to-obtain-hallmark-for-gold-necklace\/#Conclusion\" >Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_BIS_Hallmark_in_jewellery_items\"><\/span>What is BIS Hallmark in\njewellery items?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The BIS hallmark is an official sign and sequence of marks stamped on the jewellery items to confirm the number of metals such as gold, silver, palladium and platinum. In India, <strong>BIS hallmarking<\/strong><sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/BIS_hallmark\"><strong>[1]<\/strong><\/a><\/sup> scheme for gold &amp; silver is accessible. Also, hallmarking needs to authenticate the jewellery&#8217;s purity before introducing the gold silver to the customers. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Different_Levels_of_Purity_in_Gold_Jewellery\"><\/span>Different Levels of Purity in\nGold Jewellery<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>The purity or fineness of gold jewellery\nwill be reflected as follows on the hallmarked gold item:<\/strong><\/p>\n\n\n\n<table class=\"table table-bordered\"><tbody><tr><td>\n  <strong>Purity<\/strong>\n  <\/td><td>\n  <strong>Sign on\n  Hallmarked item<\/strong>\n  <\/td><\/tr><tr><td>\n  14KT\n  <\/td><td>\n  14K585\n  <\/td><\/tr><tr><td>\n  18KT\n  <\/td><td>\n  18K750\n  <\/td><\/tr><tr><td>\n  20KT\n  <\/td><td>\n  20K833\n  <\/td><\/tr><tr><td>\n  22KT\n  <\/td><td>\n  22KT916\n  <\/td><\/tr><tr><td>\n  23KT\n  <\/td><td>\n  23KT958\n  <\/td><\/tr><tr><td>\n  24KT\n  <\/td><td>\n  24KS995\n  <\/td><\/tr><\/tbody><\/table>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Importance_of_BIS_Hallmark_Registration_for_Gold_Necklace\"><\/span>Importance of BIS Hallmark\nRegistration for Gold Necklace<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>Following are the importance of the BIS\nhallmark for gold necklace:<\/strong><\/p>\n\n\n\n<ul><li>It gives you a guarantee of purity to your gold\nnecklace.<\/li><li>The BIS Certification added value to the\nprecious stone and trust in the gold jewellery.<\/li><li>It quickly boosts your jewellery business.<\/li><li>It gives customers satisfaction and raises trust\namong customers.<\/li><li>It provides you legal defence against any\nviolation.<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Documents_required_for_obtaining_Hallmark_for_Gold_Necklace\"><\/span>Documents required for\nobtaining Hallmark for Gold Necklace<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>Following are some vital documents which\nrequired obtaining Hallmark for a gold necklace:<\/strong><\/p>\n\n\n\n<ul><li><strong>Identity Proof of Applicant<\/strong><\/li><\/ul>\n\n\n\n<ol><li>Aadhar &amp; PAN Card<\/li><li>Passport<\/li><li>Voter Identity<\/li><li>Aadhar-based verification or e- signature<\/li><li>Identity Certificate with photo grand by Gazetted officer on official letterhead.<\/li><li>Self-certified copy of the documents as an identity proof of signatory on the application.<\/li><\/ol>\n\n\n\n<ul><li><strong>Address Proof of Firm or Company<\/strong><\/li><\/ul>\n\n\n\n<ol><li>GST registration certificate.<\/li><li>A latest property tax receipt<\/li><li>Lease or Sale Deed agreement<\/li><li>Registration with State Government Authority.<\/li><li>Income tax assessment order.<\/li><li>Rent agreement with last rent receipt.<\/li><\/ol>\n\n\n\n<ul><li><strong>Establishment Proof <\/strong><\/li><\/ul>\n\n\n\n<ol><li>Partnership Deed if the applicant is a Partnership Firm.<\/li><li>Certificate from Chartered Accountant. In case the applicant is a proprietorship firm or any other documents like a trade license indicating the firm as a proprietorship.<\/li><li>Certificate of Registration issued through the registrar of companies with MOA.<\/li><li>GST Registration certification indicates the status of the firm as a proprietorship firm.<\/li><\/ol>\n\n\n\n<ul><li><strong>Map indication:<\/strong> The location of the premises from the same nearest prominent landmark for all outlets, as applicable.<\/li><\/ul>\n\n\n\n<ul><li><strong>Annual Turnover<\/strong><\/li><\/ul>\n\n\n\n<ol><li>In the case of a corporate certificate of registration, if the applicant has only one GST return, then the firm is asked to submit a certificate by a Chartered Accountant mentioning the turnover of all outlets.<\/li><li>Self-certified copy of GST return of the previous financial year or the certificate issued by CA for annual turnover.<\/li><\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Process_for_obtaining_Hallmark_for_Gold_Necklace\"><\/span>Process for obtaining Hallmark\nfor Gold Necklace<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>Following are some essential steps to\nobtaining Hallmark for Gold Necklace:<\/strong><\/p>\n\n\n\n<p><strong>Step 1: <\/strong>Prepare all the essential\ndocuments for BIS Hallmark Registration.<\/p>\n\n\n\n<p><strong>Step 2:<\/strong> Prepare agreement on stamp\npaper of 100\/- rupees in the prescribed format.<\/p>\n\n\n\n<p><strong>Step 3:<\/strong> fill out the application form\nfor BIS hallmark registration and submit all the essential documents.<\/p>\n\n\n\n<p><strong>Step 4:<\/strong> payment of the application\nprocessing fees.<\/p>\n\n\n\n<p><strong>Step 5:<\/strong> The BIS authorized inspection\nofficer will conduct the Inspection.<\/p>\n\n\n\n<p><strong>Step 6:<\/strong> If the inspector is fully\nsatisfied with the Inspection and documents, they will grant a Hallmark for\nGold Necklace. <\/p>\n\n\n\n<p><strong><em>Note:\nthe validity of the BIS Hallmark registration is for five years.<\/em><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Signs_to_Check_for_Purity_or_fineness_of_Gold_of_BIS_Hallmarked_Jewellery\"><\/span>Signs to Check for Purity or\nfineness of Gold of BIS Hallmarked Jewellery<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>According to the Department of Consumer\nAffairs, now BIS Hallmark on gold jewellery will consist of three symbols:<\/strong><\/p>\n\n\n\n<ol><li><strong>BIS Standard mark: <\/strong>The BIS Logo&#8217;s first\nsign of the Hallmark on gold jewellery. The shape of logo is a triangle. The\nstamp of this logo on gold shows that the purity of gold has been checked at\nBIS certified centre.<\/li><li><strong>Fineness or Purity Grade: <\/strong>Second sign\nof the Hallmark on gold is the sign of purity. The sign tells you the degree of\npurity of gold in a particular piece of gold item. The purity or fineness of\ngold determined forms the basis of the price of that piece of gold item.<\/li><li><strong>Six- digits alphanumeric Code: <\/strong>Third\nsign of the BIS Hallmarked gold item is a six-digit alphanumeric Code embossed\nor etched on the item. The code, also called HUID (Hallmark Unique\nIdentification) number, is unique for all jewellery pieces. Customers can\nverify the code on the BIS Care App. The verify HUID features can be used on the\nBIS care app to verify the gold&#8217;s alphanumeric code and the gold purity.<\/li><\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>In conclusion, we can state that every piece of jewellery needs to be certified and registered with a BIS Hallmark licence, which guarantees the purity of the ornament. For the BIS hallmark registration process to be simple, the applicant must obtain professional guidance. It is a time- and money-saving method for BIS jewellery hallmarking. <br><\/p>\n\n\n\n<p class=\"text-left\"><b>Read our Article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/bis-hallmark-registration-process\/\">Complete Overview of BIS Hallmark Registration Process<\/a><\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In India, women have been more interested in gold for years, and gold is always a very secure and safe investment for Indians during a tough period. To protect customers from adulteration &amp; obligate jewellers to maintain jewellery purity, the BIS (Bureau of Indian Standards) started a jeweller&#8217;s registration scheme. BIS introduced the Gold Hallmarking [&hellip;]<\/p>\n","protected":false},"author":42,"featured_media":45963,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[243],"tags":[2552],"acf":{"service_id":"221"},"authorName":"Krishna Kumar","authorImageUrl":"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2022\/07\/MicrosoftTeams-image-62.jpg","authorDescription":"Krishna Kumar has completed BA-LLB with a specialization in constitutional Laws from ICFAI University. As a recent graduate, He has both legal research and content writing experience in various law firms. He secures good drafting skills for various legal documents in multiple fields of law.","postViews":3934,"readingTime":4,"_links":{"self":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/45962"}],"collection":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/users\/42"}],"replies":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/comments?post=45962"}],"version-history":[{"count":8,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/45962\/revisions"}],"predecessor-version":[{"id":45972,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/45962\/revisions\/45972"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media\/45963"}],"wp:attachment":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media?parent=45962"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/categories?post=45962"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/tags?post=45962"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}