Invoicing and payment terms
What are the invoicing and payment terms of NET4GAS?
A network user shall pay to NET4GAS the price for the gas transmission in a given gas month based on an advance invoice and further based on a tax document / settlement invoice. An advance invoice for the given gas month is sent to the network user not later than on the 20th calendar day of the month preceding the given gas month. The settlement invoice for the given gas month is sent to the network user before the 14th calendar day of the month following the given gas month. Both the advance and the settlement invoice are due 14 calendar days from the date when they were sent to the network user.
In case the network user makes a capacity booking between the 20th day of the month preceding the particular gas month and the 19th day of the particular gas month and the price of such gas transmission exceeds CZK 50,000 without VAT, NET4GAS issues an additional advance invoice for the price of gas transmission for all transmission capacities booked by the network user for the particular gas month, provided that such price has not been charged in another advance invoice. The due date of the advance invoice is 14 calendar days from the date when it was sent to the network user.
Detailed information about invoicing and payment terms can be found in Article 12 of the Network Code.
What is the invoicing information for NET4GAS?
The invoicing information for NET4GAS, including the account number, can be found here.
Is it possible to pay in EUR?
Yes, it is possible. An additional administrative fee amounting to 0.2 % of the invoiced amount is charged by NET4GAS for this option. In such case, the network user shall notify NET4GAS of its intent to pay all its liabilities in EUR by an e-mail sent to capacitybooking@net4gas.cz. NET4GAS will issue the invoices in EUR to the network user starting from the calendar month following the calendar month in which NET4GAS received the notification unless a later month is specified. The network user undertakes to pay all its liabilities by bank transfer in EUR at least for 12 calendar months following the effective date of the changeover from CZK to EUR and vice versa.
The invoiced amount will be converted to EUR by using the average monthly exchange rate of the CNB for the second calendar month preceding the month in which the gas transmission started.
For detailed information, see Section 12.21 of the Network Code.