BIS hallmark
The BIS Hallmark is a hallmarking system for gold as well as silver jewellery sold in India, certifying the purity of the metal. It certifies that the piece of jewellery conforms to a set of standards laid by the Bureau of Indian Standards, the national standards organization of India. India is the second biggest market for gold and its jewellery.
India imports in excess of 1000 tons annually with negligible local production. The annual gold imports are around 50 billion US$ next only to crude oil imports widening the trade deficit.
Gold
The BIS system of hallmarking of gold jewellery began in April 2000. The standard specifications governing this system are IS 1417, IS 1418, IS 2790, IS 3095.The BIS hallmark
BIS hallmark for gold jewelry consists of several components:- The BIS hallmark logo
- Purity of Gold either one of this 22K916 Corresponding to 22 Carat, 18K750 Corresponding to 18 Carat and 14K585 Corresponding to 14 Carat.
- 6 digit alphanumeric HUID- HALLMARK UNIQUE IDENTIFICATION
Silver