(1) The assessing authority or any other empowered in this behalf by the Government is satisfied that any dealer with a view to evade payment of tax, shows in his accounts, sale or purchase of any goods at prices lower than the prevailing fair price of such goods, shall have the power to purchase such goods at a price at ten per cent above the purchase value or the value disclosed by any principal or agent in the case of goods received on consignment basis plus transporting charges and entrust such goods for sale to the Kerala state civil supplies corporation Limited or Kerala state Marketing Federation Limited or to any public distribution system or sell such goods in public auction.

(2) Any person aggrieved by a decision taken by any officer under sub-section (1) may file an appeal before the Joint Commissioner of State Tax within thirty days from the date of receipt by him of the decision in such form and in such mannner as may be prescribed and shall be accompanied by a fee of one hundred rupees.

Provided that the Joint Commissioner of State Tax may admit an application made after the expiry of the said period of thirty days if he is satisfied that the application and sufficient cause for not making application within the application within the said period.