India, May 16 -- Economic Offences Wing (EOW) of Delhi police busted a fake Goods and Services Tax (GST) invoicing racket involving transactions worth nearly Rs.128 crore and arrested six people accused of creating shell companies, generating bogus invoices and fraudulently availing input tax credit (ITC), officers said on Saturday.

Police said the racket involved the fraudulent creation and operation of a proprietorship firm, allegedly using forged identity and financial documents of an unsuspecting man on the pretext of providing him employment in the GST department.

The case was registered by the EOW in March this year after the victim alleged misuse of his Aadhaar card, PAN card, electricity bill and biometric verification for creat...