XML 40 R15.htm IDEA: XBRL DOCUMENT v2.4.0.6
NOTE 8 - OTHER CURRENT AND NON-CURRENT LIABILITIES
 12 Months Ended
Mar. 31, 2012
Other Liabilities Disclosure [Text Block]
NOTE 8 – OTHER CURRENT AND NON-CURRENT LIABILITIES

Other current liabilities consist of the following:

   
As of March 31,
 
   
2012
   
2011
 
             
Statutory dues payable
 
$
11,951
   
$
17,745
 
Employee related liabilities
   
112,709
     
77,147
 
Other liabilities
   
438,445
     
-
 
   
$
563,105
   
$
94,892
 

 Other non-current liabilities consist of the following:

   
As of March 31,
 
   
2012
   
2012
 
             
Sundry creditors
 
$
643,496
   
$
1,209,479
 
Provision for expenses
   
3,590,482
     
-
 
   
$
4,233,978
   
$
1,209,479
 

Sundry creditors consist primarily of creditors to whom amounts are due for supplies and materials received in the normal course of business.