(1) An application for provisional refund under section 37-A shall be in Form 40-A.

(2) A registered dealer who wishes to apply for provisional refund under section 37-A, shall furnish complete details of bill wise purchases and sales electronically along with return in electronic form, irrespective of the amount of turnover of purchases and sales.

(3) The commissioner shall not wait for verification of purchases relating to input tax rebate, to the extent of reconciled purchases included in the details furnished electronically alongwith return, with the sales included in the details furnished electronically alongwith return filed by the selling registered dealer.