Does tanishq use hallmark?

Does tanishq use hallmark?

“Over 400 stores of Tanishq, Mia and Zoya, across 215 towns are registered under BIS and have the hallmarking license and 100 percent of the inventory being sold from all our stores is hallmarked,” said Ajoy Chawla, CEO, Titan Jewellery, Titan Company.

Is gold hallmark mandatory?

As the government made gold hallmarking mandatory from June 16 in a phased manner after a hiatus of several months in view of novel coronavirus pandemic, it mentioned that jewellers have time till August to comply with the rules before a penalty is imposed on them.

Why Tanishq making charges are high?

The business model of Tanishq is predominantly around ‘making charge’ levied over cost of gold. Similarly, when customers exchange their old gold ornaments, they could pay as per 20 karat even though gold is of 22 karat purity. 3. Further, they deduct 8-10\% from the value of exchanged gold.

Which is better Tanishq or reliance jewels?

they are cheaper than Tanishq and have unique design as compared to local shops. So whenever I dont have much money to purchase from tanishq I choose reliance  jewels as Reliance Jewels have unique design , trusted gold and cheaper than tanishq. cons: It has higher making price than local gold shops.

Is tanishq gold pure?

Tanishq Promises. The state-of-the-art Karatmeter present in every Tanishq store is a very accurate way of measuring the purity of gold, thus making our gold as pure as we say it is. Each Tanishq piece is crafted to give it a signature finish. You are never charged the price of gold for the weight of stones.

Is Tanishq gold jewellery hallmarked?

Most important Tanishq Gold jewellery is not hallmarked. They are still relucant to do it even if goverment has imposed a new rule that every jeweller must sell only hallmarked jewellery from April 2021. Now why Tanishq Gold is expensive !! Tanishq is a brand backed by Tata group.

What is bis hallmarking in gold jewellery?

BIS is an Indian origin hallmarking system for gold jewellery. The initiative of the Indian government for making hallmarking necessary for fine gold jewellery has ensured trust and reliability in the jeweller. If your jewellery has hallmarked gold jewellery, you can be rest assured that you are buying genuine products.

Why India needs mandatory hallmarking of gold jewellery?

India is the only country with significant gold consumption that did not have mandatory hallmarking of gold. Hallmarking will enable consumers/jewellery buyers to make authentic choices and save them from unnecessary confusion while buying gold. At present, only 30\% of Indian gold jewellery is hallmarked.

Does atanishq sell without a hallmark?

Tanishq is a Brand “renowned one” I guess its quality is certified by the Government and they have permission to hallmark .There are many who sell without hallmark.