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Amitabh Bachchan pays up after DGGI evasion notice on NFT sale

Bachchan had entered into an agreement with Rhiti Entertainment Pte. Ltd, Singapore, for conversion of his content into NFTs by way of an auction.

Amitabh Bachchan
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Nikunj Ohri New Delhi
Actor Amitabh Bachchan has paid up GST of Rs 1.09 crore on sale of non-fungible tokens (NFTs) worth Rs 7.15 crore following a notice by the Directorate General of Goods and Services Tax Intelligence (DGGI), people aware of the matter said.

Though Bachchan has deposited the amount, investigations by tax authorities continue, they said.  Bachchan had entered into an agreement with Rhiti Entertainment Pte. Ltd, Singapore, for conversion of his content into NFTs by way of an auction. These NFTs included recital of Madhushala, a famous collection of poems written by his father, posters, and images, sources said.

Bachchan could not be

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First Published: Mar 23 2022 | 12:16 AM IST

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