Auto components firm Bosch Limited on Thursday (July 3) said it has received a demand order from the office of the Principal Commissioner of Customs (Import), Air Cargo Complex, Mumbai, related to alleged misclassification of imported components and wrongful availment of duty benefits.
The order, received by the company on July 2, 2025, pertains to disputes over the classification of engine control units (ECU) and oxygen NOx sensors, along with sensors such as rot speed, knock, and phase sensors.
Authorities claim the company wrongly availed duty exemptions under Notification No. 50/2017-Cus and incorrectly classified key components under customs tariff items (CTIs) not aligned with actual product specifications.
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According to the order, the ECU should have been classified under CTH 8708 99 00, instead of CTI 9032 89 10 or 9032 89 90. Similarly, the oxygen NOx sensor has been directed to be reclassified under CTH 9031 80 00, instead of other CTIs previously used.
The financial impact includes a differential duty demand of ₹66.72 crore and a penalty of ₹29.58 crore, bringing the total demand to ₹96.29 crore. Bosch has not yet disclosed any operational impact or whether it plans to contest the order through legal recourse.
Shares of Bosch Ltd ended at ₹34,370, up by ₹1,904.80, or 5.87%, on the BSE.
Also Read: Bosch Q3 Results | Net profit dips 12%, revenue up 6%; approves ₹595-crore asset sale
