PREFACE

Management i.e. managing available resources to get the desired result in a proper way. Apart from theoretical studies we need to get a practical exposure of those theories by working as a part of organization during our summer training. Training is a period in which a student can apply his theoretical knowledge in practical field. Basically practical knowledge and theoretical knowledge have a very broad difference. So this training has high importance as to know how both the aspects are applied together. The study of management acquires most crucial position in the business administration.In order to be successful, it is necessary to give priority to the management in an organization. But it cant be denied that the study of management would be more educational, materialistic and even more interesting, if it is to be paired with the work in organization as an employee. The training session helps to get details about the working process in the organization. It has helped me to know about the organizational management and discipline, which has its own importance. The training is going to be a lifelong experience.

Management in India is heading towards a better profession as compared to other professions. The demand for professional managers is increasing day by day. To Achieve profession competence; manager ought to be fully occupied with t eory and h practical exposure of management. A comprehensive understanding of the principle will increases their decision-making ability and sharpens their tools for this purpose. During the curriculum of management programmers a student has to attain a p ractical exposure of an organization on live project in addition to his/her theoretical studies. This report is about the practical training done at TATA STEEL Ltd. (Jharia division), Dhanbad during the curriculum of PGDMM from IIMT, Greater Noida.

TATA STEEL Ltd (Jharia Division), GMs Office Jamadoba, Dhanbad, Jharkhand

CERTIFICATE

This is to certify that the project work done on Study of Central Excise & Service Tax in TATA STEEL Ltd, (Jharia Division), Dhanbad. Submitted to Ishan Institute Of Management & Technology, Greater Noida by Amitabh Sharma in partial fulfillment of the requirement for the award of degree of Post Graduation Diploma in ing Management (Financial Management) is a bonafide work carried out by him under my supervision and guidance. This work has not been submitted anywhere elsefor my other degree/diploma. The original work was carried during 05-05-2009 to 05-07-2009 in TATA STEEL Ltd, (Jharia Division) at Dhanbad.

DATE:

Name of the Guide: CA Pushkar Sharma

Seal/Stamp of the Organization

Adress- TATA STEEL, GMs OFFICE Jamadoba, Dhanbad, Jharkhand, 828112.

TATA STEEL Ltd (Jharia Division), GMs Office Jamadoba, Dhanbad, Jharkhand

ACKNOWLEDGMENT
H er e I t a ke t he opport unit y t o expr ess my grat it ude t o a ll of t hem, who in some or t he ot her wa y helped me t o a c c omplis h t his Pr oj ect. T he pr oj ect

st udy ca nnot be c ompl et ed wit hout t heir guida nc e, a ssista nc e, inspirat ion a nd c o-operat ion. F or succ essfull y a cc omplishment of ta sk a part fr om har d wor k t he most i mport a nt r equisit e is t he ri ght dir ect i on a nd gui da nc e. And for a st udent t hes e bec ome t he ma jor part f or t he st udy. In Ta ta St eel Lt d. Ja ma doba, Dha nba d, t his r ight dir ect ion a nd gui da nc e is pr ovi ded by my gui de a nd a ll t he execut ives of t he br a nc h, in for m of nec essar y inf or mat ion a nd exhibit s t hat gi ve me a gr ea t help in c ompl et i ng my wor k. First of a ll I woul d like t o t ha nks Ta ta St eel Lt d. for gi vi ng me suc h a gr eat oppor t unit y of st udyi ng suc h a va st t opi c as well a s c ha ll engi ng t opic i. e. Cor porat e gover na nc e in Tata St eel. A specia l t ha nks t o CA Pushkar Sharma (Manager, Cent al Account s) under whom I conduct ed t his st udy, for his a bl e gui da nc e in gett ing my pr oj ect compl et ed. And I a lso t ha nks t o MR. C. H Di wakar(G ener a l Ma na ger ), CA S hahzad Qaiser (Hea d Centr a l Acc ount s ) CA Ashish Bansal (Manager, Cent al Account s ),a nd empl oyees who helped me t o under sta nd pra ct ica lly my t opic t i me t o t i me i n ma king pr oj ect r eport. O nl y beca use of empl oyees I lea r ned so ma ny t hi ngs a nd wit h t heir s upport s I finis hed my pr oj ect succ essfull y. La st ly I expr ess my gr at it ude t o my pa r ent s a nd who ha ve been a mor a l support t o t hr oughout my life. In a ddit ion I woul d li ke t o t ha nks t o t he Is ha n Inst it ut e of Ma na ge ment a nd T ec hnol ogy t o gi ve me p er missi on for tra ini ng so t ha t I wil l get pra ct ica l knowl edge i n my part icular t opic i. e. St udy of Centra l Excise & S er vic e Ta x in Tat a St eel A mit ab h S har ma

TATA STEEL Ltd (Jharia Division), GMs Office Jamadoba, Dhanbad, Jharkhand

DECLARATION
T he summer tra i ni ng pr oj ect on St udy of Centr a l Excise & S er vic e T a x in Tata St eel under t he gui da nc e of CA Pushkar Sharma (Manager, Cent al Account s ) in Tat a St eel Lt d. (D ha nba d) is t he or igi na l wor k done by me. T his is t he pr opert y of t he i nst it ut e & us e of t his r eport wit hout pr ior per mission of t he inst it ut e wil l be c onsi der ed ill ega l & a ct i ona bl e.

Signature: Dat e: / July / 2011 (Amit a bh S har ma) ENR: FMR4006 PGDM(FM)

TATA STEEL Ltd (Jharia Division), GMs Office Jamadoba, Dhanbad, Jharkhand

Executive Summary

TATA STEEL Ltd (Jharia Division), GMs Office Jamadoba, Dhanbad, Jharkhand