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INVENTORY, NET

12 Months Ended

Sep. 30, 2021

Inventory Disclosure [Abstract]

INVENTORY, NET

NOTE 10 – INVENTORY, NET

Inventory, net of reserves, consist of the following:

 SCHEDULE OF INVENTORY, NET

		September 30,				September 30,
		2021				2020
						Restated
Raw materials		$	1,957,410			$	3,959,888
Work in progress			429,871				1,069,050
Finished goods			5,191,007				5,717,519
Inventory, gross			7,578,288				10,746,457
Less: Allowance for inventory obsolescence			(1,921,001	)			(5,800,000	)
Inventory –net of allowance for inventory obsolescence		$	5,657,287			$	4,946,457

Cemtrex Inc. and Subsidiaries

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- References

No definition available.

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- Definition

The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 330
-URI http://asc.fasb.org/topic&trid=2126998

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