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

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