Finance Minister Arun Jaitley today said, the organized traders and unorganized sellers in Textile Sector have not been affected by the Goods and Services Tax (GST). <br/><br/>In a written reply in the Rajya Sabha, Mr Jaitley said, the GST rates are equal or lower than the pre-GST tax incidence and therefore, the price of fabrics is not likely to go up. <br/><br/>Amid protests in Gujarat by textile traders who are demanding rollback of five per cent GST on fabrics, Mr Jaitley said, it is not correct to say that textiles sector was never taxed in independent India. He said, during 2003-04, the entire textiles sector was subjected to central excise duty. <br/><br/>Mr Jaitley also ruled out cutting tax rates for the textiles sector, saying a zero per cent GST on fabrics will break the input tax credit chain for the domestic industry and make imported items cheaper. <br/><br/>He further said that necessary steps have been taken to facilitate taxpayers to take GST registration. Mr Jaitley said, GST Sewa Kendras have been set-up in various centres to handhold the taxpayers and to provide all necessary guidance regarding GST compliance.<br/><br/>Under the GST regime, yarn and fibres made from silk, wool, cotton or other vegetable fibres attract five per cent tax. While garments and made up clothings costing less than one thousand rupees attract either five per cent and those exceeding one thousand attract 12 per cent levy. <br/><br/>Mr Jaitley said, the GST rate structure for the textiles sector enables ease of classification and determination of rate.