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INTANGIBLE ASSETS, NET | 12 Months Ended
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Sep. 30, 2022
INTANGIBLE ASSETS, NET |
INTANGIBLE ASSETS, NET | NOTE 7 – INTANGIBLE ASSETS, NET Intangible assets, net consisted of the following: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | As of |  | As of
​ | ​ | September 30, 2022 | ​ | September 30, 2021
Land use rights | ​ | $ | 2,313,861 | ​ | $ | 2,521,646
Software | ​ |  | 39,832 | ​ |  | 43,875
License for drug manufacturing | ​ |  | 56,231 | ​ |  | 61,939
Total | ​ |  | 2,409,924 | ​ |  | 2,627,460
Less: accumulated amortization | ​ |  | (682,996) | ​ |  | (699,527)
Intangible assets, net | ​ | $ | 1,726,928 | ​ | $ | 1,927,933
​ Amortization expense was $52,028, $55,782, and $50,274 for the years ended September 30, 2022, 2021 and 2020, respectively. Estimated future amortization expense for intangible assets is as follows: ​
​ | ​ | ​ | ​
​ |  | Amortization
Year ending September 30, | ​ | expense
2023 | ​ | $ | 52,668
2024 | ​ |  | 52,668
2025 | ​ |  | 52,668
2026 | ​ | ​ | 52,668
2027 | ​ | ​ | 52,668
Thereafter | ​ |  | 1,463,587
​ | ​ | $ | 1,726,928
​

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -URI https://asc.fasb.org/subtopic&trid=2144471 + Details
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