Which of the following confers powers to Government of India to collect tax on intra-state supply of goods or services or both?

The correct answer is: C. CGST Act

The Central Goods and Services Tax (CGST) Act, 2017 is an act to levy and collect integrated goods and services tax on intra-state supply of goods or services or both. The CGST Act is one of the four legislations that came into effect on July 1, 2017, to implement the Goods and Services Tax (GST) in India. The other three legislations are the Integrated Goods and Services Tax (IGST) Act, 2017, the State Goods and Services Tax (SGST) Act, 2017, and the Union Territory Goods and Services Tax (UTGST) Act, 2017.

The CGST Act provides for the levy of CGST on intra-state supply of goods or services or both. The CGST rate is 5% for most goods and services, but it can be higher or lower for certain goods and services. The CGST is payable by the supplier of goods or services to the Government of India.

The CGST Act also provides for the registration of taxpayers, the filing of returns, and the payment of tax. The CGST Act is enforced by the Central Board of Excise and Customs (CBEC).

The CGST Act is a complex piece of legislation, and it is important for taxpayers to understand their obligations

The other options are incorrect because they do not confer powers to the Government of India to collect tax on intra-state supply of goods or services or both.

• The UTGST Act is a legislation that provides for the levy and collection of UTGST on intra-state supply of goods or services or both in Union Territories.
• The IGST Act is a legislation that provides for the levy and collection of IGST on inter-state supply of goods or services or both.
• The SGST Act is a legislation that provides for the levy and collection of SGST on intra-state supply of goods or services or both in States.