Air Conditioners

Kochi-Muziris Fundation issued injunction notice by Ernakulam HC over auction as vendor alleges non-payment of dues

Kochi-Muziris Biennale Foundation had put up a notice on their website on 10 April announcing an auction of the new and used air conditioners, television sets, projectors, audio systems and other electronics items used in the festival.

Govt may not further hike import duty on non-essential items; could take other measures to arrest impact of Re slide

The government had, effective 27 September, doubled duties on import of 19 items, including air conditioners, household refrigerators and washing machines (less than 10 kg), to 20 percent.

Hike in customs duty may impact festive sales, consumer durable industry; prices of large appliances to go up 3-5%

Government's decision to double the basic customs duty on ACs, refrigerators and washing machines to 20 percent from the existing 10 percent would encourage domestic manufacturing

Rupee strengthens by 22 paise against dollar to Rs 72.38 in early trade after import duty raised on select items

Union minister Arun Jaitley sees GST rate cut on cement, air-conditioners, TVs with rise in revenue

As of today, only 35 goods, including cement, automobile parts, tyres, automobile equipments, motor vehicles, yachts, aircrafts, aerated drinks, betting and demerit items like tobacco, cigarette and pan masala, attract highest GST rate of 28 percent.

Budget 2018: Consumer durables makers seek import duty on imported items

Consumer durables and home appliances makers have asked the government to double custom duty to 20 percent on imported products such as washing machines, refrigerators and air conditioners to encourage domestic manufacturing.

GST effect: Early Diwali for consumers as retailers offer up to 40% discount on TVs, ACs

Steep discount offers comes even as the GST Council increased excise credit to 60 percent from 40 percent on the transitional stock during its last meeting on 3 June

India, US agree to amend the Montreal Protocol to phase out hydrofluorocarbons

In a possible breakthrough, India and the US on Friday agreed to bring an ambitious amendment to the Montreal Protocol to phase out the climate-damaging Hydrofluorocarbons used in air-conditioners and refrigerators by advancing the "freeze year" by two years to 2028.

Gujarat mechanic designs 'AC sofa' with help from NID alumnus

A repairman from Gujarat has successfully designed 'an AC sofa' which can be used even at outdoor events and consumes less electricity than the tower air-conditioners.

When diversification becomes a nightmare, here's what you should do: Lessons from Symphony

Symphony is the world's largest manufacturer of air coolers and the leading player in India with a 50 percent share of the organised market. In terms of residential air coolers.