(1) For claiming refund of excess of input tax credit under the first proviso to sub-section (1) of section 9, the registered dealer shall file a statement in Annexure 'C' and a declaration in Annexure ''D'' issued by the selling dealer, as appended to Form VAT III hereto.

(2) The Appropriate Assessing Authority shall refund such excess of input tax credit only on proper verification and after obtaining confirmation of the facts from the Appropriate Assessing Authority having jurisdiction over the dealer from whom purchases of goods are effected.