<h1>Industrial Electric Furnaces and Ovens Taxed at 18% Under IGST or 9% CGST Plus 9% SGST/UTGST</h1> Goods listed under Schedule 3 are subject to a tax rate of 18% under the Integrated Goods and Services Tax (IGST) or a combined rate of 9% Central Goods and Services Tax (CGST) plus 9% State Goods and Services Tax (SGST) or Union Territory Goods and Services Tax (UTGST). This applies specifically to industrial or laboratory electric furnaces and ovens, including those operating by induction or dielectric loss, as well as other industrial or laboratory equipment used for heat treatment of materials by induction or dielectric loss.