The Bureau of Indian Standards (BIS) has moved a step closer to mandatory selling of hallmarked jewellery. Two weeks earlier, it issued draft rules which propose compulsory registration for jewellers with BIS.
Sources say it has been decided that "once jewellers' registration with BIS is done, the next move will be to mandate that only hallmarked jewellery can be sold".
However, this would kill the business of online jewellery sales, as BIS registration is given only to physical premises. Various trade and industry bodies have made representations on this, including the Indian Association of Hallmarking Centers. There have been assurances that some