'Intermediate supplier can export through the ultimate exporter'

Para 4.30 (b) of HBP says that the intermediate supplier can also supply the product(s) directly to the port for export by the ultimate exporter (holder of Advance Authorisation).

We have obtained an advance authorisation and got it invalidated in favour of a domestic supplier for supply of an intermediate. The domestic manufacturer has obtained an advance intermediate authorisation and imported his inputs duty-free. Now, he is about to supply that intermediate to us but we want to export the same without further processing as we have an order for that intermediate. Can we do it?

This would be a case of export through merchant exporter by the advance intermediate authorisation holder. Para 4.30 (b) of HBP says that the intermediate supplier can also supply the product(s) directly to