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Projecr Report on Taxation

Topics: Tax, Value added tax, Progressive tax Pages: 64 (12384 words) Published: June 7, 2013
A Study on the Taxation in HEG Ltd.” Dissertation submitted In Partial fulfillment for the Post Graduate Diploma in Business Management By

Atul Kumar Rai
Roll No.: GJUJUL08AC050 Batch 2008-2010

Under the Guidance of

Mr. P.K.Jain
DGM-Finance HEG Ltd.

NSB SCHOOL OF BUSINESS B-II/1, MCIE, Delhi-Mathura Road, New Delhi-44

NSB SCHOOL OF BUSINESS
B-II/1, MCIE, Delhi-Mathura Road, New Delhi

CERTIFICATE
This is to certify that the summer project report title “A study on Taxation in HEG.” is a bonafide work done by Mr. Atul Kumar Rai, Roll No.: (GJUJUL08AC050) of Batch 2008 – 2010, Submitted to NSB School of Business, New Delhi in partial fulfillment of the

requirement for the award of Post Graduate Diploma In Business Management, and that the report represents independent and original work on the part of the candidate.

44

Prof. Alok Satsangi Corporate Relations Cell

ACKNOWLEDGEMENT
I wish to express my sincere gratitude to my institute to provide this opportunity to learn the element of TAXATION. One person is seclusion is hardly ever able to complete any project or training. There is always discussion with professionals about conceptual matters, which enhance the idea and the knowledge of trainee. Thereby, I would like to acknowledge the contribution and support that each person’s at HEG Ltd. extended to me during my training period. I would also like to express my special thanks to my guide Mr. P.K. Jain (DGM-Finance), Mr.Ved B. Gupta (Dy. Manager-Finance), Sanjeev Asati, Anubhav Chowdhary who provide me valuable insight about aspect of taxation with respect of the company and the external environment with which it associated.

44

ATUL KUMAR RAI

DECLARATION

I hereby declare that the work which is being presented in project report entitled “TAXATION” is an authentic record of my work carried out under the able guide of Mr. P.K. Jain; DGM-Finance The work has been carried out by me as summer training at premises of HEG Ltd. Mndideep(Near Bhopal) and was undertaken as part of course curriculum PGDBM program of NSB, NEW DELHI.

44

DATEPLACE-

ATUL KUMAR RAI

44

CONTENTS.NO. TOPIC PAGE NUMBER 1 2 3 4 VISION AND MISSION PROFILE OF THE ORGANISATION HEG Ltd. PERFORMANCE HIGHLIGHTS AND DATA ANALYSIS 5 6 7 8 9 10 11 13 12 13 TAXATION INCOME TAX SALE TAX VAT PAN EXCISE DUTY CUSTOM DUTY FINANCE OF HEG CONCLUSION BIBILIOGRAPHY 39 39-64 65-73 74-89 90-91 92-96 97-102 103-105 106-113 114 8 9-20 21-27 28-38

44

VISION
HEG LTD. -GRAPHITE DIVISION

A vibrant globally acknowledge top league player in Graphite Electrode and allied business with commitment to growth, innovation, quality and customer focus.

44

MISION
HEG LTD. -GRAPHITE DIVISION

To

become

a

leading

international

player

in

Graphite

Electrodes and related business by leveraging our core competence value to our customer, shareholders, employee, and society.

44

PROFILE OF THE GROUP

44

Group Profile

The 500 million dollar LNJ Bhilwara Group is a diversified group with interests in Graphite Electrodes, Textiles, In its over four-decade long existence, the LNJ Bhilwara Group has come to be identified with quality and technology. Six of the Group companies have been awarded ISO 9001:2000 certification for their exemplary quality standards. The fact

44

that export earnings comprise over forty percent of the Group’s turnover underlines its high quality standards. Awarded ISO

9001:2000 & ISO 14001:2004 Certifications.

The journey of the LNJ Bhilwara Group began in 1961 when the Group founder, L. N. Jhunjhunwala established a textile mill in Bhilwara, Rajasthan. Today that single textile mill has expanded into several textile mills; the Group has diversified strategically and stands proud as a multi-product and service conglomerate. Industry pioneers in many cases, we have also established ourselves one of the top 50 Indian business groups.

The

marriage...
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