'MEIS available on shipping bill or actual realisation, whichever is lower'

Para 3.04 of the FTP says that the reward would be claimed on the realised FOB value of exports in free foreign exchange or on FOB value of exports as given in the shipping Bills, whichever is less

Q. We have made an export on the basis of a contract saying that the remittance against the consignment will be paid by the buyer on the basis of the London Metal Exchange rate prevailing at the time he receives the goods. The remittance received against that specific shipping bill is higher as compared to the FOB value declared in the shipping bill. Now, we want to apply for MEIS and want to claim incentive against the full amount of e-BRC, i.e. higher than the FOB value declared in the shipping bill. Is it possible?

Para 3.04 of the FTP