OAdivemedia me Attn: Accounts Payable SWVL Pakistan (Private) Limited NTN# 5552994-3 Sales Tax Invoice Details Advertisement Services Online Booking Activity Phase 10 (Oct-2022)| Invoice No: SWVL/22-23/SRB-046 Date: 17-Nov-2022 NTN# 3423317-2 STRN# 0300342331716 Jurisdiction: SRB Sates Tox Trebave ot ‘Amount Tax Amount 297,065 2,582,177 Two Million Five Hundred Eighty Two Thousand One Hundred Seventy Seven Only Payment Instructions: 4: Make all cheques payable to "Activemedia” Title of Account __Activemedia ‘Account No. 1741-79919634-03 IBAN PK62 HABB 0017 4179 9196 3403 Bank's Name Habib Bank Limited Branch Code 1741 Address HBL Panorama Center Mall Road Lahore [branch status (Oninaotting. Online |Swift Code HABBPKKA74 2,582,177 attached Finance Act 2019 Annexure Authorized Signatory & 04 @ activemediacom pkOAdivemedia Soe Dear Client, ‘After promulgation of Finance Act, 2019, following changes in WHT rates applicable to us have been ‘approved vide following clause’ ‘The service providers which were covered under Clause 94 of Part IV of Second Schedule are subject, to reduced rate of 3% against the general rate of 8% in case of company and 10% in case of individual TAOP. Services referred to above clause also include services of Advertising (excluding print & electronic media). Excerpt from approved budget are as under (you can find it on the attached Page # 98 of the Gazette of Pakistan): in Division tl, — “(Q) The rate of tax to be deducted from a payment referred to in clause (b) of sub-section (1) of section 153 shall be— 3% of the gross amount payable, in the cases of transport services, freight forwarding services, air cargo services, courier services, manpower outsourcing services, hotel services, security guard services, software development services, IT services and IT enabled services as defined in clause (133) of Part | of the Second Schedule, tracking services, advertising services (other than by print or electronic media), share registrar services, engineering services, car rental services, building maintenance services, services rendered by Pakistan Stock Exchange Limited and Pakistan Mercantile Exchange Limited inspection, certfcation, testing and training services; For Activemedia 316/, Z-Block, Pnase3 Commercial, OHA, Lahore, Pakistan. econa. oFre te o«zaseasese-5s98, ‘THE GAZETTE OF PAKISTAN, EXTRA., JUNE 30, 2019 [Part (b) in paragraph (b), the expression “, if the person a filer and 17.5% if the person is a non- filer” shall be omitted; (iv) im clause (6), in sub-clause (a) the expression “in case a person is a filer;”” shall be omitted; and (b) the expression “and 13% if the person is a non filer,” shall be omitted; (©) in Division 1.— (Din clause (1), in sub-clause (b),— (@) in paragraph (i), the expression “, if the company is a filer and 8% if the company is a non-filer” shall be omitted; and (©) in paragraph (ii), the expression “, if the person isa filer and 9% if the person is a non- filer” shall be omitted; Gi) for clause @2), the following shall be substituted, namely: “(@)_ Therate of tax to be deducted from a payment referred to in clause (b) of sub-section (1) of section 153 shall bo— (3% of the gross amount payable, in the cases of transport services, freight forwarding services, air cargo services, courier services, manpower outsourcing services, hotel services, security guard services, software development services, IT services and IT enabled services as defined in clause (133) of Part I of the Second Schedule, tracking services, advertising services (other than by print or clectronic media), share registrar services, engineering services, car rental services, building maintenance services, services rendered by Pakistan Stock Exchange Limited and PakistanParr I]___THE GAZETTE OF PAKISTAN, EXTRA. JUNE 30, 2019 99 SS ESI EXTRA. JUNE 30, 2019 __ 99 oO @ Mercantile Exchange —_Limited inspection, certification, testing and training services; (i) in case of rendering of or providing of services other than sub-clause (i),— (a) in case of a company, 8% of the ‘goss amount payable; (©) inany other case, 10% of the gross amount payable; and (©) im respect of persons making payments to electronic and print media for advertising services, 1.5% of the gross amount payable;”; ii) in clause 3)— (2) in sub-clause (i), the expression “, ifthe company is. filer and 14% if ‘the company is a non-filer” shall be omitted; and (©) in sub-clause (ii), the expression “, if the person is a filer and 15% if | the person is a non filer” shall be omitted; after the omitted Division IIA, the following new Division shall be inserted, namely: — “Division IIB Royalty paid to resident persons ‘The rate of tax to be deducted under section 153B shall be 15% of the gross amount payable.” in Division V,— (1) in clause (a), in the Table, in column (1),—