Mr. Vijay Soni, Director of Mahabir Danwar Jewellers shares his views/reaction about the recent mandate by the Government on BIS hallmark and UID code compulsory on all jewellery from 1st April 2023
BIS hallmark and UID code compulsory on all jewellery from 1st April 2023.
The government has announced that the sale of jewellery with HUID shall only be permitted. If you visit your local jewellery store to buy gold jewellery, ensure that apart from the BIS hallmark, there is a 6-digit alphanumeric ID embossed in the gold jewellery. For every piece of gold jewellery which is hallmarked by the Bureau of Indian Standards (BIS), a unique HUID code is given to it. HUID stands for Hallmark Unique Identification. It is a 6-digit alphanumeric code consisting of alphabets and numbers. HUID is stamped at the BIS-certified Assaying and Hallmarking Centre.
According to Mr Vijay Soni, Director, Mahabir Danwar Jewellers, " We feel the introduction of HUID in jewellery is an extremely positive step for all the stakeholders of the jewellery industry. It would create a level field for jewellers across the board and bring more transparency to the business. The customers would benefit immensely in terms of security as they would have a unique identity number for their jewellery which would be extremely beneficial for them in case of insurance or resale even after several years of purchase. You can say just like every car has a chassis number for their engine, now every jewellery will now have a unique identity of its own. This is indeed an extremely positive step in the right direction for the industry.”
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