https://www.taxtmi.com/caselaws?id=84415 A provisional industrial registration certificate did not by itself confer actual-user status where the importer had not taken the steps needed to establish the industrial unit, so import of machinery under the open general licence was not permissible. Because the condition precedent for import was not satisfied, confiscation of the machinery was upheld as the import was in contravention of the control regime. Redemption was nevertheless allowed on reduced terms, with the redemption fine cut down and the personal penalty on the proprietor set aside. en-us Fri, 09 Jun 1995 00:00:00 +0530 Thu, 21 Jul 2011 17:59:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=84415 A provisional industrial registration certificate did not by itself confer actual-user status where the importer had not taken the steps needed to establish the industrial unit, so import of machinery under the open general licence was not permissible. Because the condition precedent for import was not satisfied, confiscation of the machinery was upheld as the import was in contravention of the control regime. Redemption was nevertheless allowed on reduced terms, with the redemption fine cut down and the personal penalty on the proprietor set aside. Case-Laws Customs Fri, 09 Jun 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=84415