Ineligible itc under section 16(4) & itc restricted due to pos

Calculate the Total Reversal: Sum up the ITC amount that falls under 16(4) and POS restrictions.

Calculate Interest: Calculate 18% interest on this amount for the period you used it.

File GSTR-3B: Enter the reversal amount in Table 4(B)(1).

Pay Interest: Pay the interest amount via DRC-03 (Voluntary Payment) or add it to your liability if your software allows, selecting "Interest" as the reason.