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Inventories | 3 Months Ended
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Jun. 30, 2023
Inventories [Abstract] |
INVENTORIES | NOTE 5 – INVENTORIES Inventories consisted of the following:
|  | As of |  |  | As of |
|  | June 30, 2023 |  |  | March 31, 2023 |
Raw materials |  | $ | 3,103,522 |  |  | $ | 15,240,198 |
Work-in-progress |  |  | 2,469,707 |  |  |  | 2,932,519 |
Finished goods |  |  | 18,227,178 |  |  |  | 14,484,116 |
Total inventory |  | $ | 23,800,407 |  |  | $ | 32,656,833 |
As of June 30, 2023 and March 31, 2023, the Company had $nil inventory valuation reserve as the Company arranged its inventory based on 93.7% and 93.4% with actual orders received, respectively. 6.3% and 6.6% of inventories held on hand were associated with unfulfilled sales orders, respectively.

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- Definition The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 330 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//330/tableOfContent + Details
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- References No definition available. + Details
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