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Deferred Government Grants (Tables)
9 Months Ended
Jun. 30, 2014
SCHEDULE OF GOVERNMENT SUBSIDIARIES [Table Text Block]

 

  September 30, 2013     June 30, 2014  

Advances from the Management Committee of Dalian Economic Zone (the “Management Committee”)(note)

$ 24,505,399   $ 24,176,781  

Government subsidies received for:-

           

–   Automated high-power lithium battery project from the National Development and Reform Commission and Ministry of Industry and Information Technology

  8,145,594     -  

–   New energy innovation project from the Ministry of Finance

  340,217     -  

–   Various lithium battery related projects from various government authorities

  14,448,005     -  

Others

  32,252     -  

 

$ 47,471,467   $ 24,176,781  

Less: Current portion

  (24,525,004 )   (24,176,781 )

 

$ 22,946,463   $   -