F.S. Gill, President

1. This appeal is directed against the order of the Appellate Collector of Central Excise, Bombay dated 25th August, 1976. Originally it was preferred as a revision application before the Central Government but on transfer to this Tribunal; tile same is being, disposed of as an appeal.

2. At the relevant time, the appellants were manufacturing air-conditioners of different capacities. They were selling these air-conditioners through two modes of sale, namely, (1) sales to the dealers; and (2) sates to the DGSD. The present appeal relates to valuation in respect of sale to dealers. It is the appellants' case that they were asked' to file their price-list in proforma V which they did under protest. Under column 5 of the price-list, which is meant for showing deductions claimed from the price specified in column 3 ibid, a sum of Rs. 550/- was shown as "Dealers Coverage" in respect of items 1 and 2 and Rs. 650/- in respect of items 3 4. It is the appellants' contention that the entire amount of Rs. 550/- or Rs. 650/-, as the case may be, was in the nature of a trade discount although it had been described in the price-list as dealers coverage. It was contende