Which of the following is not a feature of value based tax?

• A. It is a multi point based system.
• B. It is a tax levied on the value addition done at each stage of the transaction in the product/distribution chain.
• C. It is a tax levied on goods and services at the final stage of consumption, which is ultimately borne by the consumer.
• D. It is fundamentally a subject of the Central Government and the responsibility of the State Government is limited to its successful implementation.