@Juilee Patil Thank you for posting your question in Microsoft Q&A, apologize or any inconvenience caused on this.
Based on the error message you provided, it seems that you are trying to deploy a standard logic app in the East US location, but it is failing due to the SubscriptionIsOverQuotaForSku error.
For standard logic app there would be the app service plan that would be created and used for standard logic app. Looks like there is restriction on your subscription that doesn't allow you to create more plans.
I will suggest you to engage us over one on one support request over the Billing and subscription management support which is free for all the subscription so the team can review and assist you.
Alternatively, if you do not have any specific dependencies or requirements, you can try creating the same logic app using a consumption-based logic app. It has the same triggers and actions that are supported in standard logic apps.
Hope this helps, let me know if you have any further questions on this.