47. Provisional assessment. –

(1) Where a dealer fails to file return or files return not accompanied by proof of payment of full amount of tax, for any tax period, within such period as specified in rule 34, the assessing authority may assess the dealer provisionally under section 40.

(2) Where a provisional assessment under sub-rule (1) is made, the assessing authority shall serve upon the dealer a notice in Form VAT -304 showing the amount of tax assessed, interest levied and penalty imposed, which such dealer shall be required to pay within thirty days from the date of receipt of the notice and produce evidence thereof within seven days from the date of payment.