Vostokmashzavod Disputes Railcar Downtime Charges from KTZ-Freight
Photo: Orda
The company Vostokmashzavod (VMZ) has filed a complaint against KTZ-Freight Transportation LLP, which had been charging it for railcar downtime since 2022, Orda.kz reports.
According to legal regulations, VMZ was not responsible for these charges, as it was not acting as the shipper, consignee, or railcar owner.
Under the Law on Railway Transport, responsibility for downtime lies with shippers, consignees, and owners of rolling stock or infrastructure. At the time of the claims, VMZ did not fall into any of these categories and was not obligated to pay related fees or penalties,
the transport oversight agency clarified.
Despite this, the national railway company continued to apply penalties, which eventually amounted to four billion tenge.
The unlawful actions of KTZ-Freight resulted in an unjustified debt and a violation of the investor’s rights. Following a submission from the Main Transport Prosecutor’s Office, the unjustified charges were removed,
the agency added.
Original Author: Artyom Volkov
Latest news
- Ecology Ministry Explains 13 Million Tenge Fine For Picking Dandelions
- Kazakhstan Refineries Increase Oil Processing Depth To 90%
- High Rates No Longer Keep Kazakh Banks’ Profits Rising, Analysts Say
- Almaty Health Officials Prepare for Possible Hantavirus Cases
- Ministry Says Saiga Deaths Remain Within Natural Limits
- Kazakhstan Faces Shortage of Doctors and IT Specialists
- Kazakhstan Petition Calls for VAT Removal on Feminine Hygiene Products
- Kazakhstan to Publish Register of Convicted Economic Crime Offenders
- Kazakhstan’s Economy Grew 3.6% in Four Months
- Shymkent Colleges Used Fictitious Students to Steal Over 1.3 Billion Tenge
- Almaty Court Extends Chechen Activist’s Extradition Arrest
- Record Rainfall Hits Almaty
- Falling Caspian Sea Level Reshapes Northern Coastline
- Kazakhstan Says It Is Ready To Help Resolve Iran’s Nuclear Issue
- Pashinyan Explains Why He Will Skip The EAEU Summit In Astana
- Kazakhstan To Gradually Cut University Programs In Oversupplied Fields
- Kazakhstan Offers Indonesia A Route To Central Asia And Europe
- Kazakhstan Tightens Rules for Master Plans and Urban Development
- Kazakhstan Approves Rules for Digital Tenge Circulation
- Military Jets to Conduct Training Flights Over Astana