In India, jewellery is accorded a distinct statistical significance and is held in particular regard by the populace. Each ceremony and event must be different. Additionally, jewellery enhances the pivotal significance of festive occasions. The customers are vigilant about the integrity of each set of jewellery they purchase and always check to ensure that the jeweller has a BIS registration, regardless of the price or location. Registration is necessary for every piece of jewellery to confirm its purity. You will get to know about the essential detailing and an easy approach in consonance with the BIS Registration for Jewellers in this article.

A Glimpse of BIS (Bureau of Indian Standards)

In India, the BIS Act, 2016, which established the Bureau of Indian Standards (BIS), is a National Standard Body. It is formed for the development of organizations and the standardization, production, and certification of goods as well as other associated requirements.  BIS evaluates the product and subsequently offers a standard mark that, when printed or stamped on such commodities, certifies their compliance in terms of quality and safety.  The BIS had released a series of regulations on the issuance, usage, renewal, and termination of the certification of BIS registration for Jewellers.

A Glimpse of BIS Branding System

To safeguard Indian residents against possible contamination and to require jewellers to uphold legal standards of purity, the Government of India ordered the BIS to launch a hallmarking scheme for gold in 2000 and silver in 2005. The Indian government issued a quality monitoring order for gold hallmarking on January 15, 2020, that came into effect on June 1, 2021. All jewellers who sell gold must now register with the BIS and only have hallmarked gold in grades 14, 18, and 22 carats.

Structural Framework concerning BIS Registration for Jewellers

The following mentioned are the out cover of BIS Registration for Jewellers:-

• To operate commerce involving characterized gold jewellry, a jeweller must obtain a BIS Registration for his outlet or premises.
• After receiving a registration or license, the recipient is required to abide by the terms and conditions outlined in the contract.
• The BIS may censure jewellers and withdraw their registration if there is any variance from quality or failure to comply with these terms and conditions or other regulations.

Corporation Permit

In order to perform BIS Registration for Jewellers, the following process shall be followed:

• Submitting an online application through the Manak Portal;
• Uploading the necessary papers;
• Making the necessary payment;
• If any modifications are required, they must be made within 14 days after the applicant is notified of the need for them;
• The cost will not be reimbursed if the application is denied;
• Within three days of receiving the application, the license will be issued

Required Documentation concerning BIS Registration for Jewellers

The following papers must be submitted for jewellers to register with the BSI:

• The self-certified copy of any of the following documents is acceptable as evidence of the firm’s establishment:

• A certificate of registration issued by the company’s registrar, or registration with the state government, or
• A registered partnership agreement in the event of a partnership firm, or a certificate from a Chartered Accountant in the case of a sole proprietorship
• The self-certified print of any of the following documents serving as proof of the location of the business: a trade license,
•  A VAT enrolment
•   Revenue income receipt,
•  A revenue income evaluation command,
•  A sale or lease deed,
•  A rent contract with the most recent rent receipt,
•  An electricity bill,
•  A telephone services bill,
•  A water bill,
•  A bank declaration, or
•  A passbook with the address of the corporation’s venue.

The documentation mentioned above shouldn’t be more than 3 months old.

• Any of the following documentation may be used to verify the applicant’s identity:
• Aadhar Id,
• PAN Id,
• Driving Permit,
• Voter ID card,
• Visa,
• Photo Bank ATM Card,
• Image Credit Card,
• CGHS/ECHS softcopy,
• Armaments license,
• Ration/ PDS photo id,
• Freedom Warrior photo identification,
• ID card with a photo issued by any officer with a designated position,
• Disability card or handicapped health note provided by the state government,
• Photo id certificate issued by educational institutions,
• Farmer photo passbook,
• Extra Documents Required:-
• Map locating the premises
• A deal over a non-judicial seal costing Rs. 100

COST Regulation in BIS Registration for Jewellers

According to the source, the registration price is Rs. 2,000 for both new BIS registrations and renewals for jewellers.

The cost breakdown for obtaining a single license/registration and a corporate license is as follows:-

• Single registration fee:
• (Locations of the jewellers geographically)
• Expenses if paid yearly
• If paid in installments, fees
• For jewellers with annual revenue of fewer than 100 crores, cities having a population of at least 10 Lakhs (50% discount)
• 20,000, 10,000, 50,000, and 25,000 rupees
• Cities with a population of 3 to 10 Lakhs: Rs. 2000 Rs. 5000
• Cities with fewer than 30,000 residents: Rs. 1000; Rs. 2500
• Number of outlets, corporate license fee

Discounts (According to the territorial regions of the above-mentioned table)

• 6-25 outlets- 10%
• 27, to 100 outlets- 15%
• +101 outlets- 20 percent

Exclusion of Sign Representation

The following factories and small jewellers are exempt from obtaining BIS registration for jewellers by the Indian government:-

• The jewellers with 40 Lakhs rupee annual revenue
• For any object measuring just fewer than 20 g.
• A product intended for export that complies with the demands of the overseas buyer.
• Globally showcased jewellery
• Jewels authorized by governmental bodies for domestic marketing shows
• Jewellery can be imported and exported by the Indian government’s commerce policy.
• In the golden string, a fragment
• The item is being shipped from outside India to a transuding and hallmarking facility in India by the BIS (Hallmarking) Regulations, 2018^[1].
• Any form of gold bullion, including bars, plates, sheets, coils, strips, foil, wire, and tubes.
• Kundan, Polka, and Jaded are distinctive pieces of jewellery.
• A roller ball pen and a golden bracelet.
• An item utilized for industrial, scientific, or medicinal reasons.
• Any product that has been manufactured but isn’t finished and is going to be made further.

Conclusion

BIS Registration for Jewellers provides a guarantee that the jewellery being sold is authentic and free of any rancidity. It serves to protect consumers and is also profitable to jewellers because it attests to the integrity of its offerings. BIS applies a marking, which can be either laser- or punch-based. BSI has the right to terminate a registration if the stated instructions are not fulfilled. Seek professional advice for BIS Registration for Jewellers. You can also reach Bizadvisors.io for more information.

Read our article:BIS Certification for Chemicals: An Overview