Business Standard

BIS declines plea on mandatory hallmarks for silver articles

- DILIP KUMAR JHA Mumbai, 24 March

The Bureau of Indian Standards (BIS) has declined to proceed with mandatory hallmarkin­g of silver artifacts made of alloys with lower than specified purity.

Responding to a request from the India Bullion and Jewellers Associatio­n (Ibja), the BIS in a letter dated March 23 said, “a BIS is operating a hallmarkin­g scheme for silver jewellers/artifacts as per Indian standard, which is currently voluntary. The request of Ibja to regulate silver (including silver bar, furniture, idols, jewellery and coins) of only specified purity to be allowed to be sold in the market and with test reports from hallmarkin­g centres cannot be considered presently, as the hallmarkin­g scheme for silver is voluntary.”

H S Pasricha, the head (hallmarkin­g) at BIS, did not specify a reason for rejecting the industry’s demand for making hallmarkin­g of silver articles mandatory. BIS had made hallmarkin­g of 22 carat, 18 ct and 14 ct of gold jewellery mandatory from January 1, 2017. This gave jewellers hope to seek similar action on silver jewellery.

India imports 6,000-7,000 tonnes of silver annually. But, manufactur­ers of silver jewellery and artifacts are, according to trade sources, duping customers by mixing cheap alloys with silver and selling these as pure metal, especially in articles made from silver. There are complaints of even coins and bars sold as pure ones but with a high level of mixing. It is found when customers go for resale and find it's only 50-60 per cent.

BIS, under the Union ministry of consumer affairs, had in its earlier revision in November 2016 identified fine silver with purity of 999.9, 995 and 999 (all for 24 carat), and alloy for jewellery and artifacts between purity levels of 800 and 990 (between 19 and 23 carat). But, the hallmarkin­g was made voluntary. This means silver jewellers and artifact manufactur­ers are under no obligation to hallmark all items from a specified centre.

“It has come to our notice that there is a wide purity of fine silver/silver coins, jewellery, furniture, utensils, idols, etc, made in our country. There are no guidelines or regulation­s for the same. Most of the silver coins made in India have only 40-60 per cent purity. Most of the silver jewellery has 70-80 per cent purity. Silver furniture and idols have purity of 20-60 per cent only,” Ibja said in a letter to the BIS in January.

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