Bosch in Trouble? 96.29 Cr Customs Demand for Wrong classification:

Customs authorities issue a Rs. 96.29 Cr customs notice (Penalty + Tax) to Bosch for duty shortfall.

Bosch slapped with 96.29 Cr Custom demand

CA Pratibha Goyal

Jul 4, 2025

Last update on Jul 4, 2025

Bosch in Trouble? 96.29 Cr Customs Demand for Wrong classification As per the SEBI disclosure made by Bosch Limited, the company has received a Tax and Penalty, Demand from Customs authorities for Rs. 96,29,45,876. The possible demand in monetary terms (Penalty, Tax & Interest) is Differential duty: Rs 66,71,79,340/- and Penalty: Rs 29,57,66,536/-, the disclosure said. Reason for the demand: The order has been passed in respect of the dispute on the classification of the ECU and Oxygen Nox Sensor. The Company has received an order on account of: (I) Wrongful availment of duty benefit under N. No. 50/2017-Cus for the import of 'Rot Speed Sensor', 'Knock Sensor' and 'Phase Sensor' (II) Wrong classification of ECU under CTI 9032 89 10 or CTI 9032 89 90 [to be reclassified under CTH 8708 99 00 ] (III) Wrong classification of Oxygen Nox Sensor' under CTI 9026 80 90 or CTI 9027 10 00 or CTI 9032 89 90 [to be reclassified under CTH 9031 80 00] The Details were disclosed by the company pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, ("Listing Regulations"),

About Author

CA Pratibha Goyal

Co Founder

CA Pratibha Goyal is Chartered Accountant qualified in 2016, is a Member of The Institute of Chartered Accountants of India having wide experience in the field of Auditing, Taxation, ROC, GST and Secretarial matters etc. She has written over a thousand articles & has made several videos on topics related to Auditing & Taxation. As a Speaker she has delivered various sessions on various branches of NIRC of ICAI.