Can I use credit cards in our own POS machines and try to leverage cashback and 45 days of interest free period

[gravedskull]

Will this create any problem with income tax, and will bank can blokc my credit card cause I am Using this way.

 

[hitirfan]

Will this create any problem with income tax, and will bank can blokc my credit card cause I am Using this way.

Bank can block your Card if they suspect anything strange. Income tax issue if transactions cross 10 Lakhs.

 

[Sagnik]

Will this create any problem with income tax, and will bank can blokc my credit card cause I am Using this way.

There are some charges for merchants for accepting credit card payment, too, called MDR, as far as I remember. Also bank may suspect your card if you do this regularly.