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NOTE 14 - PROPERTY, PLANT AND EQUIPMENT | 12 Months Ended
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Mar. 31, 2014
Property, Plant and Equipment [Abstract] |
Property, Plant and Equipment Disclosure [Text Block] | NOTE 14 – PROPERTY, PLANT AND EQUIPMENT Property, plant and equipment consist of the following:
Category |  | Useful Life (years) |  |  | Year Ended March 31, 2014 |  |  | Year Ended March 31, 2013 |
Land |  |  | N/A |  |  | $ | 12,069 |  |  | $ | 12,069 |
Building (flat) |  |  | 25 |  |  |  | 1,302,129 |  |  |  | 1,328,413 |
Plant and machinery |  |  | 20 |  |  |  | 9,214,667 |  |  |  | 9,396,659 |
Computer equipment |  |  | 3 |  |  |  | 216,917 |  |  |  | 217,659 |
Office equipment |  |  | 5 |  |  |  | 164,373 |  |  |  | 166,924 |
Furniture and fixtures |  |  | 5 |  |  |  | 118,892 |  |  |  | 121,943 |
Vehicles |  |  | 5 |  |  |  | 479,952 |  |  |  | 569,352 |
Assets under construction |  |  | N/A |  |  |  | 4,274,501 |  |  |  | 4,288,469 |
Total |  |  |  |  |  | $ | 15,783,500 |  |  | $ | 16,101,488 |
Less: Accumulated depreciation |  |  |  |  |  | $ | (8,196,656 | ) |  | $ | (7,917,258 | )
Net Assets |  |  |  |  |  | $ | 7,586,844 |  |  | $ | 8,184,230 |
Depreciation and amortization expense for the fiscal years ended March 31, 2014 and March 31, 2013 was $712,314 and $673,916, respectively. Capital work-in-progress represents advances paid towards the acquisition of property and equipment and the cost of property and equipment not put to use before the balance sheet date.

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- Definition The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6391110&loc=d3e2921-110230 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1361-107760 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.13-14) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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