UP Trade Tax – Voltage Stabilizers – whether electrical or electronic goods - An electrical device can be an electronic device, but an electronic device cannot be an electrical device - Supreme Court
THE Supreme Court yesterday held, “an automatic voltage stabilizer involves the operation of a number of electronic components. A voltage stabilizer might have many components some of which use electricity. This cannot be the sole reason for classifying it as an electrical good. An electrical device can be an electronic device, but an electronic device cannot be an electrical device. The Tribunal which is the last fact finding authority after taking into consideration the components of voltage stabilizer, the purpose for which it is used and the principles on which it works has come to the conclusion that the voltage stabilizer is electronic goods, for the purpose of taxation under U.P. Trade Tax Act.”
The Supreme Court is in agreement with the reasoning and conclusion reached by the Tribunal.
In tune with the TIOL tradition, we bring you this 'yesterday's judgement today'
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