BIS raises gold hallmarking fee 67% to Rs 75 per article
The Bureau of Indian Standards has raised the gold hallmarking fee paid by jewellers to Rs 75 per article from Rs 45, effective September 14, 2026. The move raises compliance costs ahead of festive demand, with any consumer pass-through dependent on retailer pricing.
What happened
Bureau of Indian Standards (BIS) · BIS raised the hallmarking charge paid by jewellers for each gold article to Rs 75 from Rs 45 ahead of festive demand. The
Key facts
- Gold hallmarking fee: Rs 75 per article, up from Rs 45 (66.7%)
- Gold minimum consignment charge: Rs 200
- Silver hallmarking fee: Rs 35 per article
- Silver minimum consignment charge: Rs 150
- Effective date: September 14, 2026
What changed
BIS raised the hallmarking charge paid by jewellers for each gold article to Rs 75 from Rs 45 ahead of festive demand. The increase may marginally raise jewellers’ operating costs, though pass-through to jewellery buyers will depend on retailer pricing.
Why this matters
The 67% fee hike is a modest but broad-based margin headwind for jewellers, with larger organized chains better positioned to absorb it than smaller independents.
What to watch
- Whether leading chains explicitly revise making charges or introduce a separate hallmarking/compliance line item after September 14, 2026.
- Festive-season gold demand, conversion rates and average ticket size following the fee implementation.
- Gold-price direction: a sharp bullion-price rise would make the hallmarking increase less visible to consumers, while stable prices would expose it more clearly.
- Changes in lightweight jewellery mix, including demand for lower-grammage products where the per-article charge has the greatest proportional effect.
- Any industry representation seeking a rollback, phased increase or differentiated fee for low-weight articles.