Bosch Hit With ₹96.3 Crore Customs Bill in Import Duty Spat

Bosch Ltd has received a demand order from the Principal Commissioner of Customs (Import), Air Cargo Complex, Mumbai, as per the reports. The order relates to alleged misclassification of imported components and incorrect duty claims. It was officially received by the company on July 2, 2025.

The dispute concerns parts such as engine control units (ECUs), oxygen NOx sensors, rot speed sensors, knock sensors, and phase sensors. Authorities claim Bosch classified these items under incorrect tariff codes while importing them.

Incorrect Classification Cited

As per the order, the ECU should have been classified under CTH 8708 99 00 instead of CTI 9032 89 10 or 9032 89 90. The oxygen NOx sensor has been directed to be reclassified under CTH 9031 80 00. Other sensors also fall under this dispute.

The customs office states that Bosch wrongly availed benefits under Notification No. 50/2017-Cus. These benefits were allegedly applied to components that were not eligible under the specified conditions of the notification.

Financial Impact

The total demand raised amounts to ₹96.29 crore. This includes ₹66.72 crore in differential customs duty and a penalty of ₹29.58 crore. The company has not yet announced whether it plans to contest the order.

Read more: Best Artificial Intelligence Stocks In India In July 2025- Bosch, Tata Elxsi, and Others Based on 5Y CAGR!

Disclosure Filed With Exchanges

Bosch disclosed the matter to the stock exchanges under Regulation 30 of SEBI’s LODR Regulations, 2015. It has said it will keep stakeholders informed about any updates on the case.

Bosch Share Price Performance 

As of 11:44 AM on July 4, 2025, Bosch Ltd share price was trading at ₹35,370, up 2.80%. Over the past 6 months, the stock has gained 5.67%, while its one-year return stands at 0.27%.

Conclusion

Bosch is currently dealing with a classification and duty-related customs issue involving several imported parts. The company has acknowledged the notice and shared it publicly, but no further action has been disclosed yet.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.