Use of imported products. You use an imported product if you put it into service in a trade or business or for production of income or use it in the making of an article, including incorporation into the article. The loss, destruction, packaging, repackaging, warehousing, or repair of an imported product is not a use of that product. Entry as use. The importer may choose to treat the entry of a product into the United States as the use of the product.
Tax is imposed on the date of entry.
The choice applies to all imported taxable products that you own and have not used when you make the choice and all later entries. Make the choice by checking the box in Part II of Form 6627. The choice is effective as of the beginning of the calendar quarter to which the Form 6627 applies. You can revoke this choice only with IRS consent. Sale of article incorporating imported product.