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Issue ID : 112379
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- 0 -

What is the classification of "Rakhi"

Date 18 Jul 2017
Replies3 Answers
Views 3218 Views
Asked By

Dear All,

I shall be thankful if someone could tell me the Chapter Heading and rate of GST applicable on “Rakhi” used in the “Rakshabandhan” festival.

Goods and Services Tax - GST
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- 0
Replied on Jul 19, 2017
1.

Rakhi is cover under HSN 96040000 & Rate of GST is 18%.
- 0
Replied on Jul 19, 2017
2.

In English Rakhi is called "Cotton Bracelet". Chapter 52.
- 0
Replied on Jul 21, 2017
3.

When Sir Purchase it they need to pay 18% but they they supply free to brother they will attract 0% GST for brothers . 

Rather then purchasing any gifts in return of Rakhi it is advisable for all brothers to pay CASH Cover to avoid GST 

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