no code implementations • 16 Aug 2022 • Priya Mehta, Sanat Bhargava, M. Ravi Kumar, K. Sandeep Kumar, Ch. Sobhan Babu
Circular trading is a form of tax evasion in Goods and Services Tax where a group of fraudulent taxpayers (traders) aims to mask illegal transactions by superimposing several fictitious transactions (where no value is added to the goods or service) among themselves in a short period.