Restoring MS SQL TDE database question
When you say:


  On the source machine, I executed all the required steps to enable my
  Test database as well as backing up the certificate and private key.
  No issues here.


We don't really know the steps you took.

Here is a query you can run to see if the database is encrypted on the target server.  Look at the EncryptionState column.  

SELECT 
    db_name(database_id) as DatabaseName, 
    Case 
        when encryption_state=0 then 'No Database Encryption'
        when encryption_state=1 then 'Unencrypted'
        when encryption_state=2 then 'Encryption In Progress'
        when encryption_state=3 then 'Encrypted'
        when encryption_state=4 then 'Key Change In Progress'
        when encryption_state=5 then 'Decryption In Progress'
        when encryption_state=6 then 'Protection Changes In Progress'
    end as EncryptionState,
    percent_complete
FROM sys.dm_database_encryption_keys