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Income Taxes, Deferred Tax Assets and Deferred Tax Liabilities (Tables)

12 Months Ended

Sep. 30, 2015

SCHEDULE OF INCOME TAXES [Table Text Block]

			2014			2015
	PRC income tax:
	Current	$	16,475		$	5,218,898
	Deferred		-			101,617
		$	16,475		$	5,320,515

SCHEDULE OF INCOME TAX RECONCILIATION [Table Text Block]

			2014			2015
	(Loss) profit before income tax - continuing operations	$	(26,705,308	)	$	19,363,204
	United States federal corporate income tax rate		35%			35%
	Income tax credit computed at United States statutory corporate income tax rate		(9,346,763	)		6,777,121
	Reconciling items:
	Valuation allowance on deferred tax assets		6,227,021			70,664
	Rate differential for PRC earnings		2,574,746			(2,100,342	)
	Non-deductible expenses		530,410			310,514
	Share based payments		31,061			262,558
	Income tax expenses	$	16,475		$	5,320,515

SCHEDULE OF DEFERRED TAX ASSETS AND LIABILITIES [Table Text Block]

			2014			2015
	Deferred tax assets
	Trade accounts receivable	$	-		$	32,979
	Inventories		-			54,127
	Property, plant and equipments		-			5,976
	Valuation allowance		-			(49,907	)
	Deferred tax assets, current portion	$	-		$	43,175
	Net operating loss carried forward	$	12,534,160		$	12,470,938
	Valuation allowance		(12,534,160	)		(12,470,938	)
	Deferred tax assets, non-current	$	-		$	-
	Deferred tax liabilities, non-current
	Property, plant and equipment	$	-		$	142,650

X

- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

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Period Type:	duration

X

- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319

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X

- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32687-109319

+ Details

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