Bosch Faces ₹140.86 Crore Customs Demand Over Reclassification of Oxygen Sensors

Bosch faces a "₹140.86 crore customs demand" over the reclassification of oxygen sensors. The tax authorities have alleged that the company has misclassified the sensors to pay a lower customs duty. The company is likely to contest the demand, and the outcome of the case will be closely watched by the legal and business communities. This is a crucial reminder to all companies to be diligent in their product classifications.