GST exemptions broadened to include government entities, composite supplies to Panchayats/Municipalities and IFSC intermediated services. Amendments expand nil-rated exemptions by adding 'Government Entity' to relevant entries and creating a new nil-rated entry for composite supplies (goods 25% of value) to government bodies for Panchayat and Municipality functions. They add nil-rated air and vessel carriage of goods to places outside India until 30 September 2018, exempt student/faculty transport to educational institutions, create nil-rating for IFSC-based intermediaries providing international financial services in non-INR currencies to customers outside India, add life insurance and reinsurance entries, exempt fumigation in agricultural warehouses and RTI information services, and revise education and admission-to-event exemption conditions and monetary thresholds.