Operational implementation of the reverse VAT charge mechanism by IRGiT
In connection with the above implementation, the method of calculating payments to IRGiT’s clearing guarantee system was changed.
The Exchange Clearing House (ECH) is an entity that settles transactions concluded on the markets operated by Towarowa Giełda Energii S.A. - on the Exchange Commodity Market and on the Organized Trading Facility.
The ECH settles spot transactions involving electricity, gas, agri-food products and Property Rights from Certificates of Origin. The ECH settles forward electricity and gas transactions concluded on the Organized Trading Facility.