Feedback

Understanding the Return and Recording Process of Gold Cornet in BIS Hallmarking

The hallmarking process ensures the purity and authenticity of precious metal jewellery, making it vital for jewellers to comply with Bureau of Indian Standards (BIS) regulations. One crucial aspect of this process is the return and recording of the gold cornet, which requires precise documentation and cooperation between BIS representatives and jewellers.

Return of Gold Cornet

When a gold sample is drawn for testing, a portion, known as the cornet, is returned to the jeweller after the testing is complete. This process ensures transparency and accountability. The return of the gold cornet must be documented accurately, either through collection by a jeweller representative or by sending it via an insured parcel.

Recording in Credit/Debit Note Proforma

The return of the gold cornet is recorded in a credit/debit note proforma, a crucial document that maintains the financial integrity of the transaction. This document should be jointly signed by the BIS official and the jeweller representative if collected in person. If the cornet is sent via an insured parcel, the parcel details must be included in the debit note.

Steps to Record the Return:

1. Collection in Person:
   • The jeweller's representative collects the cornet from the BIS office.
   • Both the BIS official and the jeweller representative sign the credit/debit note.
2. Sent via Insured Parcel:
   • The cornet is packed and sent to the jeweller with insured parcel details.
   • The debit note must include the parcel number and other relevant shipping information.

Details Required in the Credit/Debit Note:

• Registration number of the jeweller
• Name and address of the jeweller
• Date of visit and sample collection
• Weight and rate of the sample
• Amount credited or debited
• Signature of BIS official and jeweller representative

Handling of Silver Jewellery/Artefacts

Unlike gold, silver jewellery or artefacts do not have a cornet/remnant after the testing process. This distinction is due to the nature of silver and the testing methods used. Therefore, the recording and return procedures differ for silver, focusing more on compliance without the need for cornet documentation.

Common Questions and Answers

What is a gold cornet in the hallmarking process? A gold cornet is a portion of the gold sample retained after testing, returned to the jeweller for verification and record-keeping.

How should jewellers and BIS representatives handle the return process? The return process should be documented meticulously, with the credit/debit note proforma signed by both parties and detailed information recorded.

What details must be included in the credit/debit note proforma? Essential details include the registration number, names, sample weight and rate, amount, and signatures or insured parcel details.