What does red ticket mean?

A red ticket is a red invoice. Red-letter invoice, namely red-letter invoice of value-added tax, refers to the red invoice issued by a VAT taxpayer according to the regulations of State Taxation Administration of The People's Republic of China City, People's Republic of China (PRC) after issuing a special or ordinary VAT invoice. Issuing red-ink invoices refers to the accounting treatment behavior that enterprises first write off accounting vouchers with exactly the same contents as wrong accounts in red, and then write correct accounting entries in blue to correct them. Conditions for issuing red-ink invoices: the receipt and payment time of returned invoices shall not exceed the month when the seller issues invoices; The seller did not copy the tax and did not keep accounts; The authentication of the buyer fails or the authentication result is "Inconsistent authentication of taxpayer identification number" and "Inconsistent authentication of special invoice code and number". Application for Red-ink Invoice: If the special invoice issued by the seller is not delivered to the buyer, and the buyer fails to use it to declare the deduction and return the invoice together with the deduction, the seller shall fill in and upload the red-ink VAT special invoice information form in the VAT invoice management system according to the regulations, and issue the red-ink invoice according to the tax rate before adjustment. If the special invoice obtained by the buyer has been used to declare deduction, or the special invoice obtained by the buyer has not been declared deduction, but the invoice or deduction cannot be returned, the buyer shall fill in and upload the information form for issuing red-ink special VAT invoice in the VAT invoice management system as required; The seller shall issue red-ink invoices according to the information sheet for special red-ink VAT invoices issued by the buyer and the tax rate before adjustment. Red-ink invoices may also be issued for reasons such as partial returns and sales discounts.