Classical Proportional Integral Derivative(PID) controller remains the most popular approach for industrial process control. Poor tuning of PID controller can lead to mechanical wear associated with excessive control activity, poor control performance and even poor quality products. In this paper, we design procedure for the internal model control(IMC) approach for tuning of conventional PID controller with proper tuning rules. Furthermore, with help of analytical rule of step test obtaining the effective first order time delay model of the process. A simulation example of continuous stirred tank reactor is used in which the IMC based PID tuning method implemented and the step response of the closed loop system is compared with classical tuning methods like Ziegler-Nichols and Cohen-Coon.