Print PDF

Louisiana Foreign-Trade Subzone to be Expanded

Monday, December 05, 2011
Sandler, Travis & Rosenberg Trade Report

The Foreign-Trade Zones Board has approved an application from the South Louisiana Port Commission to expand subzone 124B at the NAS shipbuilding facilities in Larose, Houma and Port Fourchon, La., and to expand the scope of manufacturing authority under zone procedures within that subzone. However, any foreign steel mill product admitted to the subzone, including plate, angles, shapes, channels, rolled steel stock, bars, pipes and tubes, not incorporated into merchandise otherwise classified, and that is used in manufacturing, will be subject to customs duties in accordance with applicable law unless the FTZB determines that the same item is not then being produced by a domestic steel mill. In addition, NAS must annually advise the FTZB as to significant new contracts with appropriate information concerning foreign purchases otherwise dutiable so that the Board may consider whether any foreign dutiable items are being imported for manufacturing in the subzone primarily because of FTZ procedures and whether the Board should consider requiring customs duties to be paid on such items.

View Document(s):

To get news like this in your inbox daily, subscribe to the Sandler, Travis & Rosenberg Trade Report.

Customs & International Headlines