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<h1>Sugar Syrup Not Excisable for Aerated Water Production</h1> The Appellate Tribunal CEGAT, Bangalore held that sugar syrup used in the production of aerated water is not excisable as it does not reach the ... Sugar syrup The Appellate Tribunal CEGAT, Bangalore considered whether sugar syrup in the manufacture of aerated water is excisable. The Assistant Commissioner and a circular stated that the sugar syrup is not dutiable as it does not reach the marketability stage. The Revenue argued that the item was capable of being marketed, but the Tribunal accepted the plea of the party and allowed the appeal. [2002 (9) TMI 220 - CEGAT, BANGALORE]