STATE OF KERALA vs PRABHAVATHY THANKAMMA .

The Supreme Court held that actionable claims, while being movable property and 'goods' in a broader sense, are excluded from the definition of 'goods' under the Sales Tax Acts, as established in Sunrise Associates vs. Govt. of NCT of Delhi & Ors. The Court clarified that a lottery ticket represents a conditional right to a prize, thus qualifying as an actionable claim and not subject to sales tax. The appeal was dismissed, affirming the legal principle that actionable claims are not taxable under sales tax laws.