Rebate on exported goods under Excise Rule 18 is available for inputs as well as finished goods: SC

Central Excise : Word "or" in Rule 18 of the Central Excise Rules, 2002, to be interpreted as "and" and therefore, the exporters are entitled to both the rebates under Rule 18 (viz. input‐stage rebate as well as output‐stage rebate on finished goods) and not one kind of rebate