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ACCRUED EXPENSES AND OTHER PAYABLES (Tables) | 12 Months Ended
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Jun. 30, 2013
Accrued Expenses and Other Payables [Abstract] |
Schedule of Accounts Payable and Accrued Liabilities [Table Text Block] |
Accrued expenses and other payables consist of the following:
|  | June 30, |  | June 30, |
|  | 2013 |  | 2012 |
Payroll payable |  | $ | 20,191 |  | $ | 127,149 |
Welfare payable |  |  | 166,111 |  |  | 168,150 |
Accrued expenses |  |  | 2,700,468 |  |  | 2,827,028 |
Other payables |  |  | 921,864 |  |  | 1,045,010 |
Other levy payable |  |  | 125,550 |  |  | 122,912 |
Total |  | $ | 3,934,184 |  | $ | 4,290,249 |

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- Definition Tabular disclosure of the (a) carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business (accounts payable); (b) other payables; and (c) accrued liabilities. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). An alternative caption includes accrued expenses. + References No definition available. + Details
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