Bosch Limited — Others, 03-07-2025: Action(s) initiated or orders passed

Bosch Limited has announced it received an order from the Principal Commissioner of Customs regarding a dispute over the import classification of certain sensors, including Rot Speed Sensor, Knock Sensor, Phase Sensor, ECU, and Oxygen Nox Sensor. The company has been found to have wrongfully availed duty benefits and misclassified these items. The financial impact includes a differential duty liability of Rs 66.72 Cr and a penalty of Rs 29.58 Cr. This could affect the company’s cash flows and compliance costs going forward.