Under the new value-added tax system, the red-letter special invoice issuing process.

Policy basis: State Taxation Administration of The People's Republic of China Announcement No.47 of 20 16.

Pre-conditions for issuing red-ink invoices: sales returns, errors in invoicing, suspension of taxable services, etc., but do not meet the conditions for invalidation of invoices, or sales discounts occur due to partial return of sales.

Which party applies for the Information Form for Issuing Special VAT Invoices in Red Letter, which is divided into four situations, as follows:

Simple memory: whichever party has the invoice copy and deduction copy will apply for the information form, so as to remember.

Issue flow chart:

02#

Under the new value-added tax system, the red-letter electronic special invoice issuing process.

Basis: State Taxation Administration of The People's Republic of China Announcement No.22, 2020

Pre-conditions for issuing red-ink invoices: sales returns, incorrect invoicing, suspension of taxable services, sales discounts, etc.

Which party applies for the Information Form for Issuing Special VAT Invoices in Red Letter, which is divided into two situations, as follows:

There is no refund for electronic special tickets, so there are two situations to open the information table of special VAT invoices in scarlet letter.

Issue flow chart:

03#

Under the new VAT system, VAT ordinary invoice (including electronic)

You don't need to fill in the information form when issuing the red letter of VAT ordinary invoice. The seller directly issues it in the new system with negative output.

The above is the process of issuing red-ink invoices under the new VAT system.

After the implementation of all-electric invoice, the process of issuing red-ink invoice has changed.

04#

Under the electronic invoice service platform, all-electric invoices, paper special invoices and ordinary invoices are issued in red.

1. If the drawee has confirmed the use or entry, the drawer or the drawee can fill out and upload the Red-ink Invoice Information Confirmation Sheet, and after confirmation by the other party, the drawer will issue a full or partial red-ink electric invoice or a red-ink paper invoice.

2. If the drawee fails to confirm the use and entry, the drawer will fill in the Confirmation Form and issue a full red-letter full-time electric invoice or red-letter paper invoice without confirmation from the drawee. If the original blue-ink invoice is a paper invoice, the drawer shall take back the original paper invoice and indicate "invalid" or obtain a valid certificate from the drawee.

The second brother thinks that the biggest highlight of issuing red-letter full-electric invoices or red-letter paper invoices through the electronic invoice service platform is that whether it is a special invoice for full-electric invoices or an ordinary invoice for full-electric invoices, it is necessary to issue a red-letter invoice information confirmation form. (Under the new VAT invoice management system, ordinary invoices are not needed)

This effectively associates the red offset of the ordinary invoice with the corresponding blue invoice, which can effectively prevent the invoice from being maliciously red offset.

Under the new VAT invoice management system, ordinary VAT invoices are issued. Because the seller can directly red-offset the invoices in the system without filling in the information form, it is often difficult for the buyer to find that the invoices have been red-offset. If the red-offset invoices are still used for accounting, it will cause the loss of national tax revenue.

However, under the electronic invoice service platform, if the seller fills in the Confirmation Form and issues a full red-letter full electric invoice or a red-letter paper invoice, then the buyer can no longer confirm the use or account entry of this invoice, and then the buyer will find this problem when making use confirmation or account entry confirmation.

However, if the buyer has confirmed the use or entered the account, at this time, if the seller wants to issue a red-ink invoice, it must be confirmed by the buyer before it can be issued.

Therefore, through this function, I feel that the electronic invoice service platform is more perfect than the previous red-letter invoice process for issuing red-letter full-electric invoices or red-letter paper invoices.

However, at present, all-electric invoices are gradually promoted, and most people have not yet come into contact with them. Whether this effect can be effectively achieved or not requires practical feedback.