MCX notified regarding the Notification by the Government of India about Quality Control Order, 2023

Oct 02, 2024 | by TeamLease RegTech Legal Research Team

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Industry Specific ComplianceThe Multi Commodity Exchange (MCX) on October 01, 2024, notified regarding the Notification by the Government of India about Quality Control Order, 2023.

The following has been stated:

• Goods are required to bear Standard Mark under a license from Bureau of Indian Standards (BIS). 

• The copy of the license document issued by BIS in the name of producer to be submitted at the time of deposit in accredited warehouses. 

• The warehouse shall check the authenticity of the document submitted by the depositor and verify the BIS license of the producer.

[Notification No MCX/MCXCCL/658/2024]

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