Jeweller who wishes to sell Hallmarked gold jewellery or artefacts must first get a registration from BIS for each of their sales outlets. The Registration is granted to the jeweller for the specified location, if the application in the prescribed format along with relevant paperwork documents is deemed to be in order,and the required cost is paid and as well as signing of the agreement for the operation of licence by the jeweller.If the jeweller additionally wishes to sell Hallmarked silver jewellery/artefacts, a separate registration from BIS must be obtained by filing a second application.
Following the grant of a licence, the jeweller must adhere to the agreement’s terms and conditions. The licence may be revoked if there are deviations in the purity of precious metals (gold and/or silver) or if activities are not carried out in accordance with stipulated specifications. BIS has the authority to launch penalty proceedings.
Answer ( 1 )
Jeweller who wishes to sell Hallmarked gold jewellery or artefacts must first get a registration from BIS for each of their sales outlets. The Registration is granted to the jeweller for the specified location, if the application in the prescribed format along with relevant paperwork documents is deemed to be in order,and the required cost is paid and as well as signing of the agreement for the operation of licence by the jeweller.If the jeweller additionally wishes to sell Hallmarked silver jewellery/artefacts, a separate registration from BIS must be obtained by filing a second application.
Following the grant of a licence, the jeweller must adhere to the agreement’s terms and conditions. The licence may be revoked if there are deviations in the purity of precious metals (gold and/or silver) or if activities are not carried out in accordance with stipulated specifications. BIS has the authority to launch penalty proceedings.
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