Dear Sir,
VAT is not chargeable on Rakhi in Maharashtra but you have to find out if it is liable for charge in any of the states. DVAT may help you regarding the same. If it is exempt in the entire of India then you need not apply for VAT registration.
But I am not sure if ebay will let you register without a VAT registration.
Trust this clarifies your query.
Please feel free to call/ get back in case of any further clarifications.
Thanking You.
Regards,
Rohit R Sharma
BCOM, ACA, LLB-GEN, CERT. FAFP