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Accrued Expenses and Other Payables (Tables)

9 Months Ended

Jun. 30, 2013

SCHEDULE OF ACCRUED EXPENSES AND OTHER PAYABLES [Table Text Block]

				September 30,			June 30,
				2012			2013
Advances from unrelated third parties (note (a))
-	Tianjin Zhantuo International Trading Co., Ltd		$	5,727,286		$	-
-	Shenzhen Zhong Yi Li International Loading Ricegerent Co., Ltd. (a potential supplier of the Company)			-			8,961,742
-	Mr Qiu Sheng Dan (a construction sub-contractor of the Company)			-			2,536,100
-	Shenzhen Wellgain Industrial Co., Ltd.			-			3,258,815
-	Gold State Securities Limited			-			2,444,111
				5,727,286			17,200,768
Advance from related parties (note (b))				1,224,287			-
Construction costs payable				1,688,862			8,665,905
Equipment purchase payable				5,465,281			6,219,969
Customer deposits				4,097,251			2,021,590
Other payables and accruals				7,183,311			11,732,356
Staff and workers’ welfare and bonus				574,153			560,550
			$	25,960,431		$	46,401,138

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- Definition

Tabular disclosure of the (a) carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business (accounts payable); (b) other payables; and (c) accrued liabilities. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). An alternative caption includes accrued expenses.

+ References

No definition available.

+ Details

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