No GST on traditional Rakhi; 5% tax on gold, silver rakhis

NEW DELHI: Rakhi, the sacred thread that women tie on the wrist of their brothers on the day of Raksha Bandhan, will not attract the goods and services tax (GST) provided it’s the traditional cotton thread. However, gold and silver rakhis will be taxed 5%. Read more here: No GST on traditional Rakhi; 5% tax on gold, silver rakhis
Read More Here: No GST on traditional Rakhi; 5% tax on gold, silver rakhis