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of <h1>Plywood and similar wood products taxed at 18% IGST or 9% CGST + 9% SGST/UTGST per notification 43/2017.</h1> Goods classified under Schedule 3, such as plywood, veneered panels, and similar laminated wood, are subject to an Integrated Goods and Services Tax (IGST) at a rate of 18%. Alternatively, these goods may be taxed under the Central Goods and Services Tax (CGST) at 9% combined with the State Goods and Services Tax (SGST) or Union Territory Goods and Services Tax (UTGST) at 9%. These rates were established by notification no. 43/2017, effective from November 15, 2017.
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