7 Things to know before obtaining a Hallmark License!
Hello Everyone,
I hope you & your businesses are doing great!
This article can be a “Quick Guide for People Planning to Obtain a Hallmark License.” Let’s take a quick tour…..!
What is a Hallmark?
“Hallmark is certified mark which guarantees the purity of precious metal articles like gold and silver.”
In India the hallmark license is governed by BIS (Bureau of Indian Standards). Hallmark sign embedded on your gold and silver article proves the metal purity percentage of the article and also create an official recording as a proof forever.
Benefits:
- Official recording of the purity of precious metal article
- Certifies the purity percentage
- Conforms the precious metal articles performance and quality to the standards on a national and international level
- Validates exports competitiveness
- Assures customer satisfaction
How does a Hallmark (BIS Mark) on gold jewelry look like?
What is Hallmark License?
Hallmark license is a license granted to a jeweler as a certificate of purity of the gold and silver articles in accordance with IS 1417 for Gold jewelry and IS 2112 for Silver jewelry.
Once the license is issued to the licensee jeweler, He has to visit any of the nearest BIS recognized Assaying and hallmarking center to get the jewelry hallmarked.
How can I get a Hallmark License?
A jeweler, who is willing to get the hallmark registration certificate for selling hallmarked articles, needs to fill a form and submit it along with his self-attested documents and pay fees.
Documents Required:
- Proof of establishment of the firm or company like Registration certificate
- Official address proof
- Identity proof (Aadhar card, Driving license, voter ID card)
- Map Location of every outlet from the nearest landmark
- Proof of the Annual turnover like Self-certified copy of GST return of previous financial year, etc.
How many days will it take to get the hallmark license in hand?
Registration certificate is granted within 2 Months to the applicant provided that he/she has submitted all necessary documents and invigilation is successfully done.
What is the Fee for obtaining hallmark license?
The application fee, certification fee, and renewal application fee for Jeweler Certificate and Assaying and Hallmarking Center changes time to time by the Bureau of Indian Standards.
Does Hallmark license need renewal?
Yes, Hallmark license needs to be renewed from time to time.
- The certified jeweler needs to submit renewal application at least 30 days before the validity expiry date. This renewal application shall be filed with proper details, renewal application fee and certification fee.
- The Assaying and Hallmarking Center needs to submit renewal application at least 90 days before the validity expiry date. This renewal application shall be filed with proper details, renewal application fee and certification fee.
That’s It.
I hope this article helped you gaining clarity on what is hallmark and how to obtain the hallmark license. If you need any guidance on Hallmark License and you are willing to obtain it, feel free to contact our business advisor at +91-8006650569.