Exempt excise tax on air-conditioning unit for those used in office and residential
buildings with a capacity of less than 72,000 BTU. The decision was made on
September 2, 2009 to (1) allow free and fair competition (2) ensure that airconditioning
unit is no longer luxurious goods (3) encourage more development
and technology to make product more environmental friendly and (4) reduce cost
of small and medium size entrepreneurs which would in turn enhance the nation’s
competitiveness;