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Inventories

6 Months Ended

Sep. 30, 2023

Inventories [Abstract]

INVENTORIES

NOTE 5 – INVENTORIES

Inventories consisted of the following:

		As of				As of
		September 30, 2023				March 31, 2023
Raw materials		$	7,767,360			$	15,240,198
Work-in-progress			1,946,332				2,932,519
Finished goods			9,000,171				14,484,116
Total inventory		$	18,713,863			$	32,656,833

As of September 30, 2023 and March 31, 2023, the Company had $nil inventory valuation reserve as the Company arranged its inventory based on 92.2% and 93.4% with actual orders received, respectively. 7.8% 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

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- References

No definition available.

+ Details

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