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Other Long-term Payables

9 Months Ended

Jun. 30, 2013

Other Long-term Payables [Text Block]

14. Other Long-term Payables

Other long-term payables as of September 30, 2012 and June 30, 2013 consist of the following:

				September 30,			June 30,
				2012			2013
Government subsidies received for:-
-	Automated high-power lithium battery project from the National Development and Reform Commission and Ministry of Industry and Information Technology		$	7,913,200		$	8,104,673
-	New energy innovation project from the Ministry of Finance			-			9,776,445
-	Various lithium battery related projects from various government authorities			2,384,126			4,237,369
Others				67,046			-
			$	10,364,372		$	22,118,487

The Company will recognize these grants as income or offset against related expenditures when there are no present or future obligations for the subsidized projects.

X

- Definition

The entire disclosure for other liabilities.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 20, 24

-Article 5



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.20,24)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

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