India, May 17 -- The Delhi Police's Economic Offences Wing (EOW) has busted an alleged GST fraud cartel operating through shell companies and fake invoicing networks, arresting six individuals involved in swindling Rs 128 crore, an official said on Saturday.

The accused allegedly operated fake firms, generating bogus GST invoices, and availing wrongful Input Tax Credit (ITC) without any actual supply of goods or services, EOW said in a statement.

On May 15, EOW teams made several raids at different locations in Delhi-NCR and arrested Raj Kumar Dixit, Amar Kumar, Vibhash Kumar Mitra, Nitin Verma, Mohammad Waseem, and Abid.

A case of GST fraud was registered against a fake firm, M/s RK Enterprises, at the EOW Police Station on March 24 u...