<h1>Iron Products Taxed at 18% Under Schedule 3: IGST, or 9% CGST Plus 9% SGST/UTGST</h1> Goods such as ferrous products obtained by direct reduction of iron ore, including spongy ferrous products in lumps, pellets, or similar forms, and iron with a minimum purity of 99.94% in similar forms, are subject to a tax rate under Schedule 3. The applicable Integrated Goods and Services Tax (IGST) is 18%, or alternatively, 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%.