Some rakhis will attract GST: AAR (WB)

The traditional wrist band, also known as Rakhi, used in the festival of raksha bandhan for depicting a bond between a sister and brother is not exempt from the goods and services tax (GST), the Authority of Advanced Ruling (AAR) in West Bengal said. Consequently, a rakhi using glass beads could attract as much as 18% GST. While a rakhi made of only ‘kalaava’ – a mixture of cotton threads in the f…