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NOTE 6 - OTHER CURRENT AND NON-CURRENT LIABILITIES
 3 Months Ended
Jun. 30, 2012
Other Liabilities Disclosure [Text Block]
NOTE 6 – OTHER CURRENT AND NON-CURRENT LIABILITIES

Other current liabilities consist of the following:

             
   
Period ended June 30, 2012
   
Year ended March 31, 2012
 
Statutory payables
  $ 4,696     $ 11,951  
Employees related liabilities
    80,079       112,709  
Other liabilities
    501,150       438,445  
Total
  $ 585,925     $ 563,105  

Other non-current liabilities consist of the following:

             
   
Period ended June 30, 2012
   
Year ended March 31, 2012
 
Creditors aged more than 1 year
  $ 390,471     $ 643,495  
Provision for expenses
    3,592,034       3,590,483  
Total
  $ 3,982,505     $ 4,233,978  

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