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of <h1>Wood Products Taxed at 18% Under Schedule 3: Choose IGST or Combined CGST and SGST/UTGST Option</h1> The tax rates applicable to specific goods under Schedule 3. It specifies that wood products, such as those sawn or chipped, are subject to an Integrated Goods and Services Tax (IGST) at a rate of 18%. Alternatively, these goods can be taxed under the Central Goods and Services Tax (CGST) at 9% combined with either the State Goods and Services Tax (SGST) or Union Territory Goods and Services Tax (UTGST) at 9%, resulting in a total tax rate of 18%.
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