supply of goods from bonded warehouse and ITC reversal - VAT CST

Supply of warehoused goods to any person before clearance for home consumption are exempted from payment of GST as per Sr. No. 8(a), Schedule III to Section 7 of CGST Act, 2017 . Whether proportionate input tax credit is required to be reversed against such exemptions under Rule 42 of CGST Rules, 2017 ? Explanation (ii) under Section 17(3) of CGST Act, 2017 has been inserted through Finance Act, 2023 as per which, the value of such activities or transactions as may be prescribed in respect of clause (a) of paragraph 8 of the Schedule III will be treated as exempt supply. Whether relevant notification is issued to give effect to this change by which ITC reversal will be required if goods are Supplied from warehoused to any person before clearance for home consumption? Secondly, in my view the said amendment will not be applicable for High Sea Sales and therefore ITC not required to be reversed for High Sea Sales though exempted. Views of the experts please.