You have one year from the date of purchase to charge a card. To confirm this, call the 1-800 number for merchant services for whatever card you want to charge (i.e. Visa/MC) and ask a customer service representative. For example, if the card is a Visa, call (800) 555-1212 and ask directory assistance for Visa Merchant Services. Some business people would choose to err on the side of not billing the customer, no matter what the time is. As long as you have a reasonable basis to collect funds, it should be billed, but consider the amount, if it's small; let it go because even if you wait eight months you can get a chargeback which theoretically could cost you more than the charge.
I am an Indian Merchant,having credit card details from Customers.How do I charge them?
credit limit fee
Yes, but the card issuing bank would charge you over limit fee and other additional fees if you exceed your credit limit
Your payment history is the most important feature for your credit report. If you have a $500 credit card, this is one that may be a "gotcha" card that will charge you for exceeding the credit limit, may add charges exceeding that limit and so on, leading you into a vicious cycle. Only charge what you can pay off entirely at the end of the month.
Yes, the credit card business is a very serious business.