https://www.taxtmi.com/caselaws?id=92873 Non-registration of an import contract was treated as a technical lapse and, for the steel rails, did not by itself justify confiscation; the confiscation and redemption fines were set aside. The switch operating mechanism, however, was treated as capital goods imported contrary to the applicable import control conditions, so its confiscation and the fine in lieu of confiscation were upheld. The operative distinction was between a curable procedural defect in the import contract and import of non-OGL capital goods, with relief granted only on the first issue. en-us Tue, 10 Jun 1997 00:00:00 +0530 Sat, 05 Nov 2011 16:46:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=92873 Non-registration of an import contract was treated as a technical lapse and, for the steel rails, did not by itself justify confiscation; the confiscation and redemption fines were set aside. The switch operating mechanism, however, was treated as capital goods imported contrary to the applicable import control conditions, so its confiscation and the fine in lieu of confiscation were upheld. The operative distinction was between a curable procedural defect in the import contract and import of non-OGL capital goods, with relief granted only on the first issue. Case-Laws Customs Tue, 10 Jun 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=92873