Agreement to defeat the intention and application of the Act to be void

Agreement to defeat the intention and application of the Act to be void.—If the Commissioner is satisfied that an arrangement has been made or entered into by or with a dealer or a person with the intention to defeat the intention and application of the provisions of this Act, the Commissioner may, by order and after providing a reasonable opportunity of being heard to the dealer or the person, declare the arrangement to be void and direct such adjustment in relation to the tax liability as he considers appropriate to counteract the reduction of tax liability which would otherwise have been effected by the arrangement.