STUDY OF GST LEARNING AND FINANCIAL ASPECTS OF HEAVY

CONSTRUCTION MACHINERY AND EQUIPMENTS at TATA HITACHI

CONSTRUCTION MACHINERY PVT. LTD.

UNDER THE GUIDANCE OF

EXTERNAL GUIDE INTERNAL GUIDE
Mr. Shyam Khandelwal Ms. Pushpa Kataria

Submitted by: PARAG SHARAD

BBA 5TH Semester (2016-19)
TATA HITACHI CONSTRUCTION
MACHINERY
 Industry
PVT. LTD.
Construction
 Founded 1961; 57 years ago
 Headquarters Bengaluru(Bangalore), India
 Key people Sandeep singh (Managing Director)
 Products Construction Equipment
 Website www.tatahitachi.co.in

 TATA HITACHI CONSTRUCTION MACHINERY PVT. LTD. Is an

India based joined venture between Tata Motors & Hitachi
Construction Machinery of Japan. It was previously known as
Telco Construction Equipment Co. Ltd.
 Tata Hitachi is a subsidiary company of Hitachi Construction
Machinery Co. Ltd., which holds 60% share and Tata Motors Ltd.
holding 40%.
• Three plants at Jamshedpur – Jharkhand , Dharwad – Karnataka
and Kharagpur – West Bengal • Product line up encompassing a
wide range of excavators: from 2T – 800T Excavators , 35T to
290T Rigid dump trucks, Wheel Loaders and Backhoe Loaders.

 This year, Tata Hitachi‘s stall theme showcased the company’s

commitment to the theme of Chalo Desh Banaye . Mr. Sandeep
Singh, MD Tata Hitachi mentioned, “As an organization, we
continue to create new milestones and strive towards building a
brighter,better tomorrow. In this edition of EXCON the star
attraction at our booth was the unveiling of our all new backhoe
loader –TATA HITACHI SHINRAI. Designed and manufactured
on the keypillars of capability, reliability and trust
worthiness,SHINRAI is an engineering masterpiece built in
collaboration withTata Technologies and Hitachi Construction
Machinery, Japan.
Services Offered

 INFRASTRUCTURE

 At Tata Hitachi Construction Machinery (THCM), we offer

diverse solutions for the infrastructure segment. We classify
them based on tonnage. The 2-7T range machinery consists of
tracked excavators and wheeled equipment. The 10-20T class
includes excavators, compactors and motor graders. The Konkan
railway line and the Tehri dam are some of the many testaments
to their building capacity. The 35T and above are deployed in
special applications like dredging waterways, quarrying of
granite and material handling at coal pit heads and ports.
 MINING

Tata Hitachi Construction Machinery (THCM) has been at the forefront of providing
complete solutions to the Mining Industry from the early years. The introduction of the
UH series and the EX series in India, we gave a new dimension to the mining industry
with respect to high fuel efficiency, low operating costs and productivity. The EX1200 has
been a significant player in the mining segment cutting across various applications such
as coal, Iron ore and limestone excavation. The overall product mix in the mining sector
includes a range of excavators made in India and is complemented by Hitachi
Construction Machinery’s larger range
GST
E-Way Bill
 EWay Bill is an electronic way bill for movement of
goods which can be generated on the eWay Bill
Portal. Transport of goods of more than Rs. 50,000
(Single Invoice/bill/delivery challan) in value in a
vehicle cannot be made by a registered person without
an eway bill. Alternatively, Eway bill can also be
generated or cancelled through SMS, Android App
and by Site-to-Site Integration(through API). When an
eway bill is generated a unique eway bill number
(EBN) is allocated and is available to the supplier,
recipient, and the transporter.
2.When Should eWay Bill be
issued?

 eWay bill will be generated when there is a movement of goods in a

vehicle/ conveyance of value more than Rs. 50,000( either each Invoice or
in (aggregate of all Invoices in a vehicle/ Conveyance)# ) –In relation to a
‘supply’

 For reasons other than a ‘supply’ ( say a return)

 Due to inward ‘supply’ from an unregistered person
 For this purpose, a supply may be either of the following:A supply made for
a consideration (payment) in the course of business
 A supply made for a consideration (payment) which may not be in the
course of business
 A supply without consideration (without payment)In simpler terms, the
term ‘supply’ usually means a:
 Sale – sale of goods and payment made
 Transfer – branch transfers for instance
 Barter/Exchange – where the payment is by goods instead of in money
PERCEPTION ON GST
 The Goods and Services Tax (GST) is one of the most discussed topics
in India nowadays. The Indian government’s decision to implement the
GST in july 2017 has affected every member of society in the country.
Financial issues such as inflation, rising cost of living, the national
budget deficit, economic instability, and the implementation of GST
have impacted many Indian consumers in terms of their spending. As a
result, this raises various concerns on the perceptions among Indians
towards GST as a whole. This article aims to review the consumer’s
perception towards the implementation of GST in Insia. This paper is
also expected to provide a better understanding for the Indian
government on consumers’ perception towards GST. Additionally, this
could also assist the government in their policy making, especially in
the areas of awareness raising pertaining to the benefits of GST,
charging mechanism introduction, and collection, as well as enhancing
society’s confidence towards the government in implementing this tax
policy.
Intern Profile at the Firm
 Assigned in – Finance
department by way of a
Walk-in interview conducted by
Mr. Keshava Sinha (head of
Finance department).
* Period of internship- 26th june 2018 to
7th august 2018
(45 days)
Objectives of the internship
 To understand the basic and thereafter in depth
knowledge in regards to Gst learning and financial
aspects of heavy construction machinery and
equipments.

 Visualise and analyse the practical application

of the knowledge gained formerly
 Applications of the above on own by way of
marketing and pitching financial planning to
new clients
 METHODOLOGY
 Statement of problem

Nowadays people want to plan everything in advance

and it always deal with their financial way of planning
and gst being one nation one tax are surcharged but it
is visible that after the launch of gst which goes for an
year, people still tend to get confused about gst and its
benefits. Many of the terms like input tax credit , 1B
portal are still being lacked which can give an
tremendous return but due to lackment of knowledge
we back it.
 Research Design
 Systematic collection and interpretation of
information with a clear purpose, to find things out. It
consist of different methods , processes and tools
which are used in practicing the research in any
research field.
 The research design used in my research is descriptive
research. The reason being, there has already been
research done on the topic.
 Sampling
 Sampling techniques are broadly of two types: Probability
and non probability sampling.
Non probability sampling is the method where some
elements of the population have no chance of selection.
Hence , have used this technique for my research project.
4 types of sampling techniques-
Convenience sampling
Judgement
 Quota
 Snowball sampling
 In my research convenience sampling is used as I have
the opportunity to use the participants.
Data Analysis
 The data was analysed using the simple techniques
of Microsoft excel by feeding in the data collected
from questionnaires and analysing them with the
help of pie charts.

 Book1 data analysis

tata.xlsx