Income Tax Return Filing by Micro, Small, and Medium Enterprise (MSME) Taxpayers

Income Tax Return Filing by Micro, Small, and Medium Enterprise (MSME) Taxpayers

Periodic Tax Return

  1. Any MSME Taxpayer having paid Periodic Income Tax is deemed to have filed their Periodic Income Tax Return on the date of validation of the State Revenue Transaction Number (NTPN) listed on the Tax Payment Slip (SSP) or other administrative instruments equivalent to Tax Payment Slip;
  2. If the Taxpayer does not earn a business income in a certain month, they are not required to file a Periodic Tax Return.

Annual Tax Return

An Individual Taxpayer meeting the criteria of an MSME must use Annual Tax Return Form 1770 and is not allowed to use Form 1770S and Form 1770SS. A Corporate Taxpayer meeting the criteria of an MSME must use Annual Tax Return Form 1771.

The Taxpayer must complete the List of Gross Incomes and Final Income Tax Payments based on the Government Regulation No. 46 of 2013 for each Tax Period and place of business.

The Annual Tax Return can be filed either directly or electronically by complying with the applicable tax regulations.