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Income Taxes (Tables)

12 Months Ended

Jun. 30, 2024

Income Taxes [Abstract]

Schedule of Reconciles the U.S. Statutory Rates to the Company’s Effective Tax Rate

The following table reconciles the U.S. statutory rates to the Company’s effective tax rate for the years ended June 30, 2024 and 2023:

		2024				2023
US federal statutory rates			(21.0	)%			(21.0	)%
Tax rate difference – current provision			(1.4	)%			(1.8	)%
Permanent difference			6.8	%			-	%
Effect of PRC tax holiday			1.3	%			1.7	%
Valuation allowance			14.3	%			21.1	%
Effective tax rate			-	%			-	%

Schedule of Net Deferred Tax Assets

The Company’s net deferred tax assets as of June 30, 2024 and 2023 is as follows:

		June 30, 2024				June 30, 2023
Deferred tax asset
Net operating loss		$	2,424,628			$	3,986,827
R&D expense			123,750				123,750
Depreciation and amortization			81,079				180,522
Bad debt expense			116,718				119,932
Social security and insurance accrual			56,343				149,196
Inventory impairment			13,402				13,771
ROU, net of lease liabilities			(951	)			20,171
Total			2,814,969				4,594,168
Less: valuation allowance			(2,814,969	)			(4,594,168	)
Net deferred tax asset		$	-			$	-

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- References

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- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-2

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- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 231
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482663/740-10-55-231

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12A
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12A

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12

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