BIS studies phased mandatory silver hallmarking as voluntary volumes nearly double

Bureau of Indian Standards is evaluating frameworks for compulsory silver hallmarking, currently voluntary with HUID since September 2025. Hallmarked articles climbed to 59 lakh in FY26 from 32 lakh in FY25 across 230 recognised assaying centres, signalling regulatory tightening ahead for jewellery retailers.

— Filed Thu, 4 Jun, 2026, 14:22 IST · Source ET Small Business · Updated

BIS is studying frameworks for phased mandatory silver hallmarking, currently voluntary with HUID since Sept 2025. Hallmarked articles rose to 59 lakh in FY26 from 32 lakh, across 230 recognised assaying centres.