(herein referred to as the “Jeweller” which expression shall include its heirs, and or assigns) WHEREAS Bureau has been established by the BIS Act, 1986 for harmonious development of activities of Standardization, Quality Certification and Marking of goods and for matters connected therewith or incidental thereto AND WHEREAS under the provisions of BIS Act, 1986 and Rules and Regulations framed thereunder, Bureau is authorized to grant licence to the Jeweller for sale of jewellery/artefacts with Hallmark which conform to the relevant Indian Standards and grant of such licence is subject to complying by the Jeweller with the norms laid down in this regards by Bureau from time to time AND WHEREAS the Jeweller has been granted licence by the Bureau under the provisions of the BIS Act, 1986 and Rules and Regulations framed thereunder for selling Hallmarked jewellery/artefacts after getting such jewellery/artefacts Hallmarked from Assaying and Hallmarking Centre (A H Centre) recognized by the Bureau as per the procedure laid down by the Bureau.. Category II offences (issues likely to affect operation of the licence): i) ii) iii) iv) v) Failure to take corrective actions on discrepancies reported during market surveillance within stipulated timeframe Lack of cooperation with the Bureau in conduct of market surveillance or in resolving issues Inadequate system/ record keeping of articles sent for Hallmarking or receipt of hallmarked articles from A H Centre or sale of Hallmarked articles Hallmarking charges not shown in the bill or amount charged is found higher than actual amount paid to the A H Centre for Hallmarking of a particular article Failure to observe the terms and conditions of agreement.. We further agree with the Bureau that the Bureau shall have the fullest liberty without our consent and without affecting in any manner our obligations hereunder to vary any of the terms and conditions of the said Agreement or to extend time of
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