ALPHA TRIBE

Bosch LimitedOthers, 21-02-2025: Action(s) taken or orders passed

21-02-2025 | 06:36 pm

Bosch Limited has received an order from the Additional Commissioner, Chennai North Commissionerate, regarding the disallowance of VAT credit claims, including those related to trainee supply, employee canteen services, and construction expenses. The total demand amounts to ₹1.83 crore, which the company plans to contest through an appeal. This situation may impact Bosch's financial health, as the disputed amount could potentially affect cash flow. Investors should monitor this development closely, as it poses a potential risk to financial stability but also offers an opportunity for management to clarify its position through the appeal process.

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