Port of South Louisiana (FTZ 124)
Port of South Louisiana (FTZ 124) is a Free Zone located in Gramercy, United States, with U.S. Foreign-Trade Zones Board (Secretaries of Commerce and the Treasury) listed as its governing authority.
Key Facts
| Type | Free Zone |
|---|---|
| Location | Gramercy, United States |
| Area | 3.6 acres activated (activation limit 2000 acres) hectares |
| Governing Authority | U.S. Foreign-Trade Zones Board (Secretaries of Commerce and the Treasury) |
| Status | operational |
Recorded Benefits and Incentives
Duty deferral; duty elimination on re-exports, scrap and waste; inverted-tariff election on authorized production; weekly-entry MPF savings; no quota at admission
Verify eligibility and current terms with the zone authority.
About Port of South Louisiana (FTZ 124)
U.S. Foreign-Trade Zone No. 124, Gramercy, Louisiana. Grantee: Port of South Louisiana; approved 12/20/1985; port of entry LA, Gramercy. Service area: St. Charles, St. John the Baptist, St. James, La Fourche, St. Mary, Tangipahoa, Plaquemines and Assumption Parishes. 20 authorized subzone company(s): Valero Refining-New Orleans L.L.C., North American Shipbuilding, LLC, Shell Oil Products US, LOOP LLC/LOCAP LLC, Marathon Petroleum Company, Shell Oil Products US... Status: Active (activated). General-purpose FTZ under the FTZ Act of 1934.
Frequently Asked Questions
What type of zone is Port of South Louisiana (FTZ 124)?
Port of South Louisiana (FTZ 124) is a Free Zone.
Where is Port of South Louisiana (FTZ 124) located?
Port of South Louisiana (FTZ 124) is located in Gramercy, United States.
Which governing authority is listed for Port of South Louisiana (FTZ 124)?
SEZ Explorer records U.S. Foreign-Trade Zones Board (Secretaries of Commerce and the Treasury) as the governing authority for Port of South Louisiana (FTZ 124). Confirm its current jurisdiction and remit with the authority.
Which benefits and incentives are recorded for Port of South Louisiana (FTZ 124)?
SEZ Explorer's current record lists: Duty deferral; duty elimination on re-exports, scrap and waste; inverted-tariff election on authorized production; weekly-entry MPF savings; no quota at admission Verify eligibility and current terms with the zone authority.