The ₹500 fee I avoided. The ₹2 lakh Penalty I Paid | The Truth About Hallmark Registration
The ₹500 fee I avoided. The ₹2 lakh penalty I paid. The truth about Hallmark registration nobody tells you. I thought I was being smart. Skip the paperwork. Save the fee. Focus on selling. For 2 years, I ran my jewellery business without a hallmark registration. My gold was pure. My customers trusted me. My sales were growing. I told myself, “I’ll do it next month.” Next month never came. The BIS inspector did. That one morning changed everything. Notice served. Fine issued. Wholesale buyer - gone. 8 months of relationship building. Erased in one email. All because I avoided a ₹500 process. Here is what I learned the hard way 👇 The Real Cost of Ignoring Hallmark Registration Most jewellers don’t skip it because they don’t care. They skip it because nobody explained the real consequences. So let me do that right now. The Financial Cost Under the BIS Act, selling gold jewellery without a valid BIS hallmark license can attract: ⤷ Penalties from ₹1 lakh to ₹5 lakh ⤷ O...