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Taxes (Tables)

12 Months Ended

Jun. 30, 2023

Income Tax Disclosure [Abstract]

Schedule of Components of the Income Tax Provision

The components of the income tax provision from Cayman Islands, Hong Kong, and China are as follows:

		For the Years Ended June 30,
		2023				2022
Current tax provision
Cayman Islands		$	—			$	—
Hong Kong			84,828				183,197
China			157,376				398,085
			242,204				581,282
Deferred tax provision (benefit)
Cayman Islands			—				—
Hong Kong			(305	)			—
China			23,771				5,994
			23,465				5,994
Income tax provision		$	265,670			$	587,276

Schedule of Reconciliation of Differences Between Income Tax Provision Computed Based on PRC Statutory Income Tax Rate and Actual Income Tax Provision

Reconciliation of the differences between the income tax provision computed based on PRC statutory income tax rate and the Company’s actual income tax provision for the years ended June 30, 2023 and 2022, respectively are as follows:

		For the Years Ended June 30,
		2023				2022
Income tax expense computed based on PRC statutory rate		$	504,210			$	709,419
Effect of rate differential for Hong Kong entities			(110,932	)			(146,790	)
Non-deductible expenses:
Stock-based compensation*			14,649				13,543
Meals and entertainment			3,375				4,067
Change in valuation allowance			(145,632	)			7,037
Actual income tax provision		$	265,670			$	587,276

*        The Company’s stock-based compensation expenses were recorded under the Cayman parent company level. Pursuant to the current tax laws of the Cayman Islands, the Company is not subject to tax on its income or capital gains. As a result, stock-based compensation expenses are non-deductible expenses for income tax purposes.

Schedule of Deferred Tax Assets

The Company’s deferred tax assets are comprised of the following:

		June 30, 2023				June 30, 2022
Deferred tax assets derived from net operating loss (“NOL”) carry forwards		$	406,760			$	576,432
Allowance for doubtful accounts			—				24,751
Allowance of Inventory			305
Less: valuation allowance			(406,760	)			(576,432	)
Deferred tax assets		$	305			$	24,751

Schedule of Valuation Allowance

Movement of valuation allowance:

		June 30, 2023				June 30, 2022
Balance at beginning of the period		$	576,432			$	726,607
Current period addition/(reversal)			(169,672	)			8,446
Effect due to the termination of VIE			—				(158,621	)
Balance at end of the period		$	406,760			$	576,432

Schedule of Taxes payable

Taxes payable consist of the following:

		June 30, 2023			June 30, 2022
Income tax payable		$	2,363,980		$	2,445,687
Value added tax payable			568,157			229,315
Total taxes payable		$	2,932,137		$	2,675,002

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