Gold business in Maharashtra and the rest of India is far from transparent. So, it is in your best interest to take extra care while buying gold.
This makes the BIS seal guaranteeing the purity of gold mandatory.
Many jewellers still pass off inferior quality jewellery (with a higher percentage of impurities) as 22-carat gold. To avoid this, ensure you buy gold from a BIS (Bureau of Indian Standards) hallmarked jeweller.
We have the complete list of BIS hallmarked jewellers in Mumbai below.
Also, do insist on the bill. Yes, this means you will have to pay GST on the gold you buy and on making charges. But it does promote transparency and provides you assurance.
The bill will also aid you if you have to approach a BIS hallmarking centre or a consumer court if you suspect that you have been cheated.
The list of BIS hallmarking centres in Maharashta where you can verify your BIS-hallmarked gold below can be found by clicking here.
The complete list of BIS hallmarked jewellers in Mumbai: