Zone procedures would exempt the refinery from Customs dutypayments on the foreign products used in its exports. On domestic sales, the company is seeking to avoid duties on fuel used in the refinery and to choose the finished product duty rate in certain circumstances. For example, the company proposes to choose the zero duty rate that applies to certain refinery gases, such as ethane, propane and butane, certain petrochemical feedstocks, such as xylene, butylene and propylene, and certain refinery by-products, such as asphalt, sulfur and petroleum coke. Foreign merchandise and merchandise to be exported would also be exempt from state and local ad valorem taxes. The application indicates that the savings from zone procedures would help improve the refinery's international competitiveness.
Public comment is invited from interested parties.
The closing period for their receipt is September 20, 1993. John J. DaPonte, Jr., Executive Secretary.