Bosch Limited — Others, 16-01-2025: Action(s) taken or orders passed

Bosch Limited has received three orders from the Office of the Superintendent, CGST, confirming penalties related to incorrectly availed input tax credits. The penalties, totaling ₹240,126, ₹713,486, and ₹954,126, respectively, are associated with guesthouse rent, insurance, and blocked credit cases. Although tax and interest were initially paid, this matter may indicate challenges in compliance, potentially affecting operational efficiency and financial health. Investors should consider monitoring the situation, as it may present risks to Bosch's reputation and financials while also reflecting ongoing scrutiny of tax practices.