Quotation Format & Guide

# GST Quotation & Price Estimate Format Guide\n\nA Quotation (or Estimate) is a formal commercial document submitted by a seller to a potential buyer offering goods or services at a specified price under specified terms.\n\n### Key Components of a Compliant Quotation:\n1. **Vendor Details:** Company name, registered address, GSTIN, and contact details.\n2. **Client Information:** Name, trade name, billing address, and phone number.\n3. **Quotation Number & Date:** Unique reference identifier and issue date.\n4. **Itemized Table:** Description of goods/services, HSN/SAC code, quantity, unit rate, and applicable GST rate (0%, 5%, 12%, 18%, 28%).\n5. **Validity Period:** Number of days the quoted prices remain fixed (typically 15 to 30 days).\n6. **Terms & Delivery:** Freight charges, delivery timelines, payment terms (e.g. 50% advance, balance on delivery).\n\nWith SuperBiller, you can create quotations in seconds and convert them directly into GST Tax Invoices with a single click!