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<h1>Tax Rate for Goods Under Heading 8503: 18% IGST, or 9% CGST and 9% SGST/UTGST for Parts of Machines 8501/8502.</h1> Goods listed under heading 8503 are subject to taxation as per Schedule 3, with an Integrated Goods and Services Tax (IGST) rate of 18% or a combination of Central Goods and Services Tax (CGST) at 9% and State Goods and Services Tax (SGST) or Union Territory Goods and Services Tax (UTGST) at 9%. This applies to parts specifically designed for use with machines classified under headings 8501 or 8502.