2. Introduction of the company
Coca-Cola was invented in May 1886 by Dr. John S.
Pemberton in Atlanta, Georgia.
Coca-Cola Company is the world's largest
nonalcoholic beverage company.
It has more than 400 brand in his portfolio.
Coca-Cola had captured more than 45% of market
share of India.
3. Objective
• To fulfill the partial fulfillment of the PGDM degree at
Innovation-The business school.
• To know depth knowledge about the various financial
aspects of the company.
• To enhance my knowledge in taxation ,UTC promotion
and spare parts verification.
• To supervising the work process in UTC.
• To acquire knowledge about how to coordinate and
making relationship with the employees.
• To help company in to some extents by my research report.
• To be involved in market audit activities.
4. Scope of the research
• It will help the company to dealing with various
suppliers in an effective way.
• It will help the company to know the utilization of
spare parts.
• To get relevant and correct information from the
outsiders.
• To solve different complain of distributor through
market audit
• It will help to know the effectiveness of promotional
activities.
• To know its current position in market.
• To verify and make correct statement in invoices.
5. Project concept
• Excise duty
Excise duty is a part of indirect taxes. An excise duty is a
type of tax charged on good produced with in the
country.
There are 3 types of excise duty.
1.Basic excise duty(all goods)
2.Additional excise duty(state govt. and central govt)
3.Special excise duty(alcohol)
Calculation
Excise duty=12% of total assessable value
8% of total assessable value(Food $ plastic )
6. Some imp. Term related to excise duty
Assessable value
Assessable value = rate of a single unit of product * No of
unit purchased
Education cess
Secondary higher education cess
tariff/sub-heading no
Exchange rate
GRN NO(goods received no)
ECC (Excise control code) no of supplier and customer)
Cosigner and consignee
7. UTC(under the crown)
• Basically it is a promotional scheme
• It helps for the company to getting more profit by
attracting the customer.
Spare parts verification
It is nothing but to verify how much spare parts are
present in the store room.
Also find out the difference between physical value
and counted value ,then give the remark.
8. Research methodology
• SAMPLE UNIVERSE:
All distributors under HCCBPL Khordha are taken as the sampling universe.
• SAMPLE SIZE:
I have taken 70 sample out of 246 distributors.
• SAMPLING METHOD: Random sampling
• SAMPLE AREA – ORISSA
DATA COLLECTION:
• PRIMARY SOURCE- the Primary Data required for this project work was
collected through the UTC Counting process.
Data was collected through Invoice ,UTC ,spare parts verification in
HCCBPL,Khurda
• SECONDARY SOURCE- Secondary data was collected through different
website, books as well as in company survey report.
13. Physical verification of spare parts
0
500
1000
1500
2000
2500
physical counted difference
Series1
14. findings
FINDINGS FROM INVOICE
• There was some invoice missing
• There are lots of suppliers who are giving 12% excise duty.
• Tariff no is required for every invoice.
• According to their supplying products they give their invoice
• GRN no is required for every invoice.
FINDINGS FROM UTC
• The workers are not working properly.
• By the help of UTC Company applying very good promotional
scheme.
• The distributor are not getting crown amount at right time.
• There are some bags no missing due to uncertainty weather
condition.
• It takes a lot of time due to counting
15. Findings from spare parts verification
• There are few spare parts are missing .
• Store manager not update properly to the spare
parts.
• Lots of spare parts rusted
16. RECOMMENDATION
Invoice should maintain regularly.
Invoice should check again and again which gives more
accuracy.
There are some company which giving fault invoice so
company should aware of it.
There is requirement of crown storaging store room.
The workers lunch hour should reduce from 1.30 min to 45
min.
There should proper supervision required for the worker.
Store manager should take proper care of spare parts.
Spare parts updating required at every month.
17. conclusion
• From my analysis I found that coca cola is very good
company because they are giving their excise duty at right
time and their marketing strategy is very unique. They are
doing very impressive promotional activities.UTC is one of
them which gives more benefit to the company.
• So moreover excise duty is very important part in company
point of view and UTC takes vital part on brand
promotion.
• And there are some drawback of the company, if the
company correct that then definitely coca cola company
retain their position for long period of time.