Resurfacing a September move: BIS raised gold hallmarking fee to ₹75 from ₹45 per article
BIS raised gold hallmarking fees to ₹75 from ₹45 with immediate effect ahead of the festive season. Silver fees remain ₹35 per article. The GJC urged a review and retention of the existing gold charge pending stakeholder consultation.
Read the source at Business Standard (via Wayback)The numbers
| Minimum gold consignment charge: | ₹200 per consignment |
|---|---|
| Minimum silver consignment charge: | ₹150 per consignment |
| Amendment notification date: | September 14, 2026 |
Why it matters to operators and investors
In jewellery target diligence, model the higher fee against gold article volumes, ticket sizes and cost pass-through capacity to test earnings resilience.
What to watch next
- A BIS circular retaining, deferring or reversing the ₹75 fee
- A stakeholder consultation announcement involving GJC
- Revised hallmarking charges on jewellers' customer invoices
- Festive offers absorbing or offsetting hallmarking charges
- Jeweller disclosures linking margin pressure to hallmarking costs
Likely next moves
The desk's read of what comes next — analysis, not reported by the source.
- BIS is likely to keep the revised gold fee in force while considering industry representations, rather than immediately restoring ₹45.
- GJC is likely to intensify its push for stakeholder consultation and temporary retention of the previous charge.
- Jewellers are likely to pass through the increase selectively, absorbing it where festive promotions or price competition constrain customer charges.
- Gold jewellery customers may compare all-in charges more closely where jewellers explicitly pass through the higher fee, increasing pressure on sellers' pricing transparency.