It is believed that Gotihawa is the place of one of the four Primordial Buddhas known as Krakuchhanda. It is located about 5 km southwest of Taulihawa. Gotihawa is identified as the holy native place of Krakuchhanda Buddha. Emperor Ashoka visited the site in 249 B.C. and erected the stone pillar. Ashoka also built a big stupa, dedicating to the Krakuchhanda Buddha there.

Standing in-situ on the original masonry basement foundation, the existing pillar is 3. 25 metres high and has a diameter of 83/79 centimetres. The upper part of the pillar bearing an inscription broke off long ago and is still missing. Prominent Chinese travellers Fa-hsien (399 -413 A.D.) and Hiuen Tsang (636 A.D.) mention about the erection of this pillar which originally had a lion installed at the top of the pillar. 

There is a stupa in Gotihawa, which was built by Emperor Ashoka to pay reverence to Krakuchhanda Buddha in 3rd century B.C. It is estimated that the expansion of the stupa was carried out during the era of Saka and Kushana (end of 1st century B.C. to the 2-3 century A.D.). As per the excavation report of researcher Dr. L. A. Waddell, the stupa’s diameter is 22 metres with a Pradakshinapatha (circumambulatory path) around it.

There are several ancient potteries, brick structures of stupas and monasteries outside modern Gotihaw village area. The site is believed to have started developing in 6th century B.C. At the centre of the present village there is an ancient well, which is still used by the villagers and in the south lies an ancient water tank (pond). A small stone statue with the image of Kakruchhanda Buddha has been installed in a nearby area.