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Address line 1 City, State, PIN
Quote No.: QUO-2026-0001
Date: 2026-05-07
Quoted to
Customer name
Address
This quotation is valid till the date shown above. Prices are in INR.
| # | Description | Qty | Rate | Amount |
|---|---|---|---|---|
| 1 | Item or service description | 1 | ₹1,000 | ₹1,000 |
| Subtotal | ₹1,000 |
| GST 18% | ₹180 |
| Total | ₹1,180 |
Amount in words: One Thousand One Hundred Eighty Rupees Only
On its own, no — it is an offer to supply at the stated price within the stated validity. It becomes binding only when the buyer accepts and a contract or PO is issued.
Yes if you are GST-registered. Show line totals, the GST rate (typically 18%) and the final amount. State whether prices are inclusive or exclusive of GST.
15-30 days is common in India. For commodity items where prices fluctuate (steel, paper, fuel), keep it 7-14 days. Always print the expiry date so there is no dispute later.