what was theking new rules about gold
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The new regime intends to ensure quality
The government has made it mandatory for jewellers to sell hallmarked gold. However, to ensure a smooth transition to the new regime, jewellers are allowed to sell their old stock till January 14, 2021 and register with the Bureau of Indian Standards (BIS).
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It has now become mandatory for all jewellers to sell hallmark gold jewellery. The government has made the process of hallmarking of gold jewellery mandatory, but it will give one year’s time to jewellers to register themselves with the Bureau of Indian Standards (BIS) and clear their old stock. So, from 15 January 2021, no jeweller will be allowed to sell any ornaments without hallmarking.
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