Inside The Logistics Chain That Keeps India's Bullion Market Moving

We manage the movement of gold and silver coins and bars from refineries to bullion dealers and retail locations across India — with full visibility and control at every stage.

130+

Countries Served

600+

Cities Across India

12,000+

Pincodes Covered

100%

Shipments Tracked End-To-End

Who We Serve

Built For Everyone Moving Coins And Bars Across India

Who We Serve — 01

Bullion Dealers & Refineries

Licensed bullion dealers, LBMA-accredited refineries, and distributors moving coins and bars from the refinery to wholesale and retail points.

Who We Serve — 02

Retail & Jewellery Outlets

Jewellery chains, bullion retailers, and investment product sellers receiving gold and silver coins and bars for sale at the counter — including during festival seasons like Dhanteras and Akshaya Tritiya.

Understanding Bullion Logistics

A Gold Bar Carries More Than Its Weight — It Carries A Compliance Obligation

Gold and silver coins and bars are not like other goods. Every piece produced at a refinery has a verified purity and weight stamped on it — making each piece a financial instrument as much as a physical object. Moving them from the refinery to the end buyer requires logistics that understands both.

India is one of the world's largest consumers of gold and silver. Every year, hundreds of tonnes of bullion move through a regulated supply chain — from overseas mines to refineries, from mints and import points to wholesalers, dealers, retailers, and investment product sellers. This includes gold and silver in the form of bars, coins, and mint products used for investment, gifting, and industrial applications.

The movement of precious metals is governed by strict regulatory requirements. Only authorised agencies — including government bodies and other notified authorities — are permitted to import and move bullion commercially. Every shipment above defined thresholds requires proper documentation, tax compliance, and electronic reporting where applicable. The value declared in transport documents must reflect the current market rate, ensuring transparency and compliance at every step.

"When you are moving 10 kilograms of gold bars, the difference between a secure, documented movement and an informal one is not just about safety. It is about regulatory compliance, insurance validity, and audit readiness."

At BVC, we understand how India's bullion supply chain works — from the refinery, through dealers, to the retail counter. We manage every stage with the security, documentation, and compliance that this supply chain demands. Our teams are trained to handle bullion specifically — not to treat gold bars the same way as general cargo.

The Supply Chain

How Gold And Silver Moves — And Where BVC Fits In

Gold and silver coins and bars pass through several hands before reaching the end buyer. BVC manages the logistics at every link in this chain.

Overseas Mine / Doré

Source of raw gold

Refinery

Refining & minting

Bullion Dealer

Wholesale distribution

Manufacturer, Wholesaler

Production & distribution

Retailer

Sale to end buyer

BVC manages secure, compliant logistics at every arrow in this chain — refinery to dealer, dealer to other distributors and inter-branch transfers within the same institution.

Approach Comparison

What Goes Wrong In Bullion Logistics — And How BVC Does It Differently

Moving gold and silver is not like moving other high-value goods. Here is what typically goes wrong when general logistics is applied to bullion — and what BVC does instead.

E-Way Bill For High-Value Gold Movement

Common Problem

A dealer is transporting gold coins between two cities within the same state. The consignment value exceeds ₹2 lakh, making an e-way bill mandatory for intra-state movement of precious metals. However, the logistics provider, treating it as regular cargo, does not generate an e-way bill for Chapter 71 goods. The vehicle is stopped at a check post, leading to delays, penalties, and compliance issues.

BVC Way

BVC keeps a record of your state-level e-way bill requirements for precious metals under Chapter 71 across India. Where a state has notified e-way bill requirements for gold and silver movement, BVC notifies you about the correct document before the vehicle moves. State check post stops for missing e-way bills do not happen with BVC.

Security During Transit

Common Problem

A bullion dealer uses a standard delivery van for a 20 kg gold consignment. The vehicle has no GPS tracking, no armed escort, and no communication with a control room. A single driver is responsible for the consignment, with no secondary verification. The insurance policy requires an armoured or supervised vehicle for consignments above a certain value. The insurance is void.

BVC Way

BVC uses GPS-tracked, secure vehicles for all bullion movements. For every high-value consignment, armed escort and continuous vehicle monitoring are standard. All security measures are aligned with the insurance coverage requirements for the consignment value — so the client's insurance is valid throughout the movement, not just on paper.

Vault Storage Between Refinery And Delivery

Common Problem

A refinery needs to hold minted gold bars for 3 days before the bank is ready to take delivery. There is no secure interim storage arranged. The bars sit in the refinery's dispatch area — not in a vault — during this period. This creates a custody gap that the bank's auditors will later flag.

BVC Way

BVC provides access to secure vault infrastructure at multiple locations across India for interim storage between refinery and delivery. Gold and silver held in BVC vault storage remain under documented custody, with continuous records — giving dealers a clean audit trail even when delivery timing requires a holding period.

How It Works

From Refinery To Final Destination — Every Step

Click each step to understand what BVC does at that stage — and what India's compliance requirements look like for bullion movement.

We collect gold and silver from multiple required locations. The main goal at this stage is to avoid confusion. The right stock must leave from the right place at the right time.

That means the release window is planned before the vehicle arrives. For some businesses, pickup happens from one vault. For others, stock may need to move between branches, regional hubs, or a refinery collection point before final distribution begins.

What Happens At Collection

  • Shipment verification (No. of boxes, packaging integrity)
  • Bar serial numbers recorded
  • Refinery dispatch note matched
  • BVC collection receipt signed

How BVC Helps Businesses

Five Capabilities Built For Bullion Logistics In India

Understand what each capability means for banks, bullion dealers, and refineries moving gold and silver coins and bars in India.

01.

Secure Transport For Bullion

Designed specifically for high-value gold and silver movement.

BVC's bullion logistics does not treat a gold bar the same way as a general package. GPS-tracked vehicles, where required, control room monitoring, specialised security team and tamper-evident sealed packaging are standard for all bullion consignments. Insurance coverage is maintained and verified throughout.

02.

End-To-End Logistics Support

Refinery to dealer, dealer to retail — we cover every link.

From picking up from a facility to delivering to a bullion dealer across India, BVC manages the complete journey. Every handover is documented. Every stage is tracked. The client's audit trail is complete from source to destination.

03.

Real-Time Tracking And Visibility

Know exactly where every consignment is — at all times.

At BVC, we provide refineries and dealers with live tracking of every bullion consignment, enabling complete visibility throughout the journey. Our portal offers real-time tracking with instant updates at every stage, ensuring transparency, better coordination, and quicker response to any movement or delays.

Indian Regulatory Context

What Every Bullion Logistics Operator In India Must Understand

These are the most important rules that apply to the movement, storage, and documentation of gold and silver coins and bars in India. Getting them wrong creates tax, audit, and regulatory risk.

GST On Gold And Silver Bullion

Physical gold, including bars, coins, and bullion, as well as silver bullion transactions in India, are subject to GST and customs compliance requirements. Imported bullion also requires customs duty compliance along with applicable GST procedures. All GST invoices and bullion movement documentation must accurately reflect the prevailing market value of the metal at the time of the transaction to ensure proper tax reporting, valuation accuracy, and regulatory compliance.

E-Way Bills For Precious Metals

Inter-state movement of gold above Rs. 50,000 requires an e-way bill. For intra-state movement of precious metals in states that have notified e-way bill requirements under CGST Rule 138F (notified from August 2023), an e-way bill is required for consignments above Rs. 2 lakh. BVC tracks which states have notified this requirement and lets you know to share an e-way bill accordingly.

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Everything you need to know about moving gold and silver coins and bars across India with BVC. Can't find your answer? Reach out and our team will help.

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  • BVC manages secure bullion movement from refineries to bullion dealers, distributors, retail outlets, and investment product sellers across India.

Talk To A Bullion Logistics Specialist

We work with banks, bullion dealers, refineries, and retail distributors moving gold and silver coins and bars across India — with full compliance documentation and secure handling.