Pakistan, May 8 -- The government has temporarily put on hold the implementation of SRO 760(I)/2013, which is the "Import and Export of Precious Metals, Jewelry and Gemstones Order, 2013", for 60 days.
"The Federal Government is pleased to suspend the - Import and Export of Precious Metals, Jewelry and Gemstones Order, 2013, for a period of 60 days, with immediate effect," read the notice, released on Wednesday.
SRO 760 (I)/2013 sets rules, procedures, and conditions for businesses in Pakistan involved in importing and exporting of precious metals (like gold, silver, platinum), gemstones and jewellery.
Under the SRO, the exporters of jewellery and gemstones shall be registered with the Trade Development Authority of Pakistan (TDAP) as pe...