Commnr. Of Trade Tax, U.P vs S/S. Parikh Gramodyog Sansthan

The Supreme Court determined that voltage stabilizers should be classified as 'electronic goods' under Entry No. 74(f) of the Notification No. 1223 dated 31st March 1992, rather than as 'electrical goods' under Entry No. 16 of the U.P. Trade Tax Act, 1948. The Court upheld the Trade Tax Tribunal's finding that voltage stabilizers function through electronic principles, distinguishing them from electrical goods. Consequently, the Court dismissed the Revenue's appeal, affirming the lower courts' decisions.