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NOTE 5 - OTHER CURRENT AND NON-CURRENT ASSETS
12 Months Ended
Mar. 31, 2012
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Table Text Block]
NOTE 5 – OTHER CURRENT AND NON-CURRENT ASSETS

Prepaid expenses and other current assets consist of the following:

   
As of March 31,
 
   
2012
   
2011
 
             
Prepaid expenses
 
$
82,120
   
$
103,841
 
Advances to suppliers
   
620,148
     
1,024,399
 
Prepaid interest
   
717
     
159,825
 
Security and other deposits
   
125,503
     
85,277
 
Advances to employees
   
1,561,123
         
Others
   
196,903
     
101,496
 
   
$
2,586,514
   
$
1,474,838
 
Other Non-current assets consist of the following
 
 
 
As of March 31,
 
     
2012
     
2011
 
                 
Sundry debtors
 
$
557,758
   
$
396,275
 
Other advances
   
441,058
     
352,348
 
   
$
998,816
   
$
748,623
 

The other advances in non-current asset include an un-secured advance of $393 thousand.