Which one of the following is not a feature of “Value Added Tax”

(a)

It is a multi-point destination-based system of tax.

(b)

It is a tax levied on value addition at each stage of transaction in the production distribution chain.

(c)

It is a tax on the final consumption of goods or services and must ultimately be borne by the consumer.

(d)

It is basically a subject of the Central Government, and the State Governments are only a facilitator for its successful implementation.