Presently, scheme for hallmarking of bullion/coin by refineries/mint is available for gold only.
(English)
The scheme of hallmarking bullion/coin currently under voluntary certification or mandatory certification.
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BIS accepts application for refineries/mints in online mode only (including all payments). To submit your application, please visit our online portal, www.manakonline.in . Before registering in the portal, you are advised to go through applicant user manual, FAQs related to portal at https://www.manakonline.in/MANAK/impLinks
Any manufacturer engaged in refining by aqua-regia or electrolytic process or minting of precious metals, as the case may be, can all apply for a grant of licence under Hallmarking regulations,2018.
(English)
Following prerequisites are to be ensured for taking licence for refineries/mints:
a) The refinery/mint should have in house manufacturing as well as testing capability
b) Refinery/mint should have accreditation of the Laboratory of Refinery or Mint by National Accreditation Board for Testing and Calibration Laboratories (NABL) or London Bullion Market Association (LBMA).
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The scope of licence shall cover the following:
a) Gold Bullion or Gold Coin
b) Fineness (999 or 995)
c) Design and Weight of Bullion Bar or Gold coin. No negative tolerance shall be permitted on declared weight.
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Minimum marking fees for gold refinery is Rs 48000/- per annum for large scale units while it is Rs 38400/- per annum for MSME units. Marking fee as per production is Rs 50/- per unit (1 unit= 1kg).
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At the time of grant of licence the validity of licence of refinery/mint is one year while the licence can be renewed for maximum period of two years.
