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 findings of the Trade Tax Tribunal and the High Court, which emphasized the functional distinction between electrical and electronic devices. The Court concluded that the Revenue's appeal was without merit and dismissed it accordingly.