No more gold without HUID from april 1!!

What is HUID and why is it important in gold jewelery and gold artifacts?

Why does the government claim that the new rule is consumer welfare? 

Let's see about it here.

The Union Ministry of Consumer Affairs, Food and Public Distribution on friday announced that gold jewelery will not be allowed to be sold without Hallmark Unique Identification-HUID from april 1.

Nithi Khare, Additional Secretary, Department of Consumer Affairs, said that in the interest of consumers, it has been decided that after march 3, 2023, sale of hallmarked gold jewelery and gold artefacts will not be allowed without HUID.

Previously, HUID was limited to four digits.

Currently 2 HUIDs (4 and 6 digit) numbers are used.

But we are saying that after march 31, only a 6-digit number will be allowed,” Khare added.

What is HUID number in gold jewellery?

As mentioned on the website of Department of Consumer Affairs, HUID number is a 6-digit alphanumeric code.

Hallmarking is given to every piece of gold jewelry.

Used to identify gold individually.

These unique numbers are stamped by hand without the aid of machines at the Assaying & Hallmarking Centre.

HUID is used to identify individual jewels.

Helps find jewelry easily.

, and it guarantees quality.

"Registration of HUID based hallmarking jewelers is automated.

It aims to ensure the purity of the hallmarked jewelery and check for any irregularities.

HUID is a secure system and poses no risk to data privacy or security.

It brings transparency, ensures consumer rights, says the Consumer Affairs Department website.

Why is it important to hallmark gold jewellery?

HUID is stamped on the jewelry at the time of hallmarking.

But what is hallmarking?

"Hallmark is a mark on gold jewelery which is affixed by an agency recognized by the Bureau of indian Standards (BIS) to ensure its fineness and purity.

So, whatever gold jewelery you buy, check the hallmark to avoid being cheated,” it says.

How can this identity be verified?

The BIS hallmark is represented by three symbols.

The BIS logo, a symbol denoting the purity and elegance of the jewellery, is then stamped with the HUID number.

No gold jewelry is ever made of 100 percent gold because the yellow metal is very soft and must be mixed with other metals to form jewelry.

“Pure” jewelry, that is, the more gold a piece of jewelry contains, the more expensive it is.

Three categories of hallmarked jewelry: 22K916 means it is 22 carat gold and the jewelry contains 91.6 percent gold.

The same 18K750 means that it is 18 karat gold and the jewelry contains 75 percent gold.

14K585 means that it is 14 karat gold and the jewelry contains 58.5 percent gold.

What are the benefits of hallmarking?

Consumers know about the quality of the product they are buying.

The most obvious benefit is that he will not be deceived.

It also has other benefits.

As the quality of the jewelery is guaranteed, the jewelery can be sold at the current price when it is sold.

The government says that banks are likely to offer loans on better terms when taking jewelery loans from banks.