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NOTE 12 - PROPERTY, PLANT AND EQUIPMENT (Tables)

9 Months Ended

Dec. 31, 2012

Property, Plant and Equipment [Table Text Block]

A summary of property and equipment is as follows:

Category	Useful Life (years)		Period Ended Dec 31, 2012			Year Ended March 31, 2012
Land		N/A	$	11,226		$	11,226
Building (Flat)		25		318,626			309,585
Plant and Machinery		20		9,201,720			9,371,150
Computer Equipment		3		217,855			219,110
Office Equipment		5		201,025			228,794
Furniture and Fixtures		5		87,800			88,804
Vehicles		5		491,969			474,622
Assets under construction		N/A		3,919,833			3,918,729
Total			$	14,450,054		$	14,622,020
Less: Accumulated Depreciation			$	(6,423,747	)	$	(6,130,224	)
Net Assets			$	8,026,307		$	8,491,796

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

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