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Composition rate under consideration for errection & instalation

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what about composition @2% under concederation for errection & instalation works at the time of bujet 07 what is desided now,is it fair for errection & instalation works of electrical construction up to 33 kv system for basic infrastructure devlopment& renoation in india under various schems of govt. of india & aids from other contrys like JBEIC,ADB,APDRP
Composition scheme optional for erection and installation services; further implementation details pending from revenue department announcement. A budgetary announcement proposed a composition levy for erection and installation services, including electrical works up to 33 kV; the administrative position is that the composition scheme will be optional, with detailed eligibility, procedural and scope clarifications to be issued by the revenue department. (AI Summary)
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Surender Gupta on May 20, 2007
As announced by FM the composition scheme would be optional. More details are expected to come within next few days from the revenue department.
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