Just a moment...

Report
FeedbackReport
Welcome to TaxTMI

We're migrating from taxmanagementindia.com to taxtmi.com and wish to make this transition convenient for you. We welcome your feedback and suggestions. Please report any errors you encounter so we can address them promptly.

Bars
Logo TaxTMI
>
×

By creating an account you can:

Feedback/Report an Error
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home /

Beware of Fake Gold Hallmarking: A Consumer Protection Guide Based on the Rajasthan Scam.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....eware of Fake Gold Hallmarking: A Consumer Protection Guide Based on the Rajasthan Scam.<br>By: - YAGAY andSUN<br>Other Topics<br>Dated:- 25-4-2025<br>&#128274; Beware of Fake Gold Hallmarking: A Consumer Protection Guide Based on the Rajasthan Scam. &#128205; The Incident In a troubling revelation, a fake gold hallmarking scam has surfaced in Rajasthan, where non-precious metals like copper and....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... brass were fraudulently sold to consumers as 22-carat gold jewelry. These items were often stamped with fake BIS hallmarks, misleading buyers into believing they were purchasing genuine gold. This incident is not isolated - it reflects a larger concern about the integrity of the gold trade, especially in local or unregulated markets. &#128270; What Is Hallmarking? Hallmarking is the certificat....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ion of the purity of gold by the Bureau of Indian Standards (BIS). As of June 16, 2021, hallmarking is mandatory for all gold jewelry sold in India under the BIS (Hallmarking) Regulations, 2018. &#9989; A genuine BIS Hallmark includes: * BIS logo (the triangular symbol) * Purity/Fineness (e.g., 22K916, 18K750) * HUID (6-digit Hallmark Unique Identification number) * Assaying and Hallmarki....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ng Centre's mark * Jeweller's identification mark &#129504; How to Verify: Use the official BIS CARE app to check the HUID and authenticity of any hallmark. &#9878;&#65039; Legal and Statutory Framework for Consumer Protection 1. Consumer Protection Act, 2019 * Ensures right to be informed, right to safety, and right to seek redressal. * Sections 2(7), 2(9), and 2(47) define consumer, un....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....fair trade practice, and rights. * Consumers can file complaints against unfair trade practices in Consumer Commissions at district, state, or national level. 2. BIS Act, 2016 * Section 29: Penalty for misuse of BIS Standard Mark - imprisonment up to 1 year or a fine up to Rs.1 lakh or both. * Section 14: Only certified jewelers can use BIS hallmarking. * Section 17: Authorizes seizure of....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... non-standard marked goods and revocation of licenses. 3. Legal Metrology Act, 2009 * Ensures proper weight and measure in commodities. * Mandates accurate declaration of content and packaging. &#128680; Red Flags: How to Spot Fake Gold Red Flag What It Might Indicate Hallmark is smudged or unclear Possible fake stamping No HUID in the hallmark Not BIS-certified Jeweler refuses to sho....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....w BIS license May not be registered Price is too good to be true Could be substandard or fake metal Lack of proper invoice/bill No official transaction - hard to seek remedy &#128736;&#65039; What to Do if You've Been Scammed * Test the Jewelry at a BIS-recognized Assaying and Hallmarking Centre. * File a Complaint: * BIS CARE app * Email: [email protected] * Phone: 1800-11-400....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....0 * Seek Redressal: * Lodge a case with the Consumer Disputes Redressal Commission. * You can now file complaints online through edaakhil.nic.in. &#129489;&zwj;&#127979; Consumer Education Is the Best Shield As consumers, we must: * Always buy from BIS-certified jewelers. * Check for HUIDs and verify via the app. * Educate others - especially elderly buyers or those in rural areas - ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....who may be more vulnerable. * Understand our legal rights under Indian laws. &#128226; Government's Role and Enforcement The Department of Consumer Affairs and BIS have started regular market inspections and have empowered State Legal Metrology Departments to check malpractice. Recent operations in Rajasthan, Maharashtra, and Delhi have uncovered dozens of such frauds. &#9989; Conclusion Fak....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....e gold hallmarking scams are a serious threat to consumer trust and financial security. With legal mechanisms in place and digital tools like the BIS CARE app, Indian consumers are better equipped than ever to make safe and informed purchases. Stay alert. Stay informed. Assert your rights. Because an aware consumer is an empowered citizen. ***<br> Scholarly articles for knowledge sharing by auth....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ors, experts, professionals ....