https://www.taxtmi.com/caselaws?id=263266 Compact discs were treated as electronic goods for trade tax classification because their functional use and commercial understanding linked them to electronic equipment. The Court accepted that CDs are useful only with electronic music systems and fall within the electronic goods category, rather than remaining unclassified items. As a result, the higher rate of tax could not be sustained, and the assessments and consequential orders were set aside in favour of the assessee. The ruling applies the principle that goods should be classified by their functional character and market perception, especially where the item is integrally connected with electronic equipment. en-us Tue, 21 Jan 2014 00:00:00 +0530 Sun, 30 Aug 2015 18:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=263266 Compact discs were treated as electronic goods for trade tax classification because their functional use and commercial understanding linked them to electronic equipment. The Court accepted that CDs are useful only with electronic music systems and fall within the electronic goods category, rather than remaining unclassified items. As a result, the higher rate of tax could not be sustained, and the assessments and consequential orders were set aside in favour of the assessee. The ruling applies the principle that goods should be classified by their functional character and market perception, especially where the item is integrally connected with electronic equipment. Case-Laws VAT and Sales Tax Tue, 21 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=263266