37. Manner for claiming reduction in the liability to pay VAT -

(1) A claim for reduction in the liability to pay VAT shall be made by the registered VAT dealer, who is entitled to claim such reduction in accordance with the provision of sub-section (1) of Section 11 of the Act.

(2) Such claim shall be valid only when the amount of Entry Tax has been paid on the concerned goods.

(3) The burden of proving the claim for reduction of VAT payable shall be on the dealer.

(4) Such claim shall be made by furnishing a statement showing the details of the evidence of payment of Entry Tax, deposited in the Government Treasury.