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The Hindu·2 min read·medium

BIS seizes ₹10 crore worth of 7.875 kg non-hallmarked gold jewellery in Telangana’s Warangal raid

T
The Hindu Bureau
BIS seizes ₹10 crore worth of 7.875 kg non-hallmarked gold jewellery in Telangana’s Warangal raid
✦AI Summary

The Bureau of Indian Standards (BIS) seized 7.875 kg of non-hallmarked gold jewellery worth ₹10 crore from a shop in Telangana. The raid serves as a warning to jewellers to comply with mandatory hallmarking regulations to protect consumer interests.

Why it matters

Enforcement of hallmarking standards is critical for consumer protection and market transparency in the Indian gold retail sector.

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The Bureau of Indian Standards (BIS) seized approximately 7.875 kg of non-hallmarked gold jewellery worth around ₹10 crore during a raid on a jewellery shop in Warangal district, Telangana, for allegedly violating the mandatory hallmarking provisions under the BIS Act, 2016.

The search and seizure operation was carried out by officials of the BIS Hyderabad Branch Office under the directions of P.V. Srikanth, Director and Head of the office. During the inspection, officials found a large quantity of gold jewellery being offered for sale without the mandatory BIS hallmark, in violation of the hallmarking requirements notified by the Union government.

The seized stock included necklace sets, rings, chains, earrings and other gold jewellery articles weighing about 7.875 kg. BIS officials estimated the value of the seized jewellery at around ₹10 crore. The agency said further action has been initiated against the establishment under the provisions of the BIS Act, 2016.

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