Gstr3b returns

This discussion clarifies how to handle excess Input Tax Credit (ITC) claimed in the 2019-20 financial year when filing your GSTR-3B return for 2020-21. The consensus is that you don't necessarily need to use the 'reverse' or 'ineligible' columns for this specific situation. Instead, you can deduct the ITC you wish to reverse directly from your current month's eligible ITC and report the net amount in the 'other ITC' column. It's also noted that reversing ITC isn't directly linked to annual returns or reconciliation statements.