XML 48 R33.htm IDEA: XBRL DOCUMENT
v3.24.1.1.u2

Taxes Payable (Tables) | 9 Months Ended
--- | ---
Mar. 31, 2024
Taxes Payable [Abstract] |
Schedule of Income Taxes and Related Payables | Income Taxes and Related Payables
|  | March 31, |  |  | June 30, |
|  | 2024 |  |  | 2023 |
VAT provision |  | $ | (571,042 | ) |  | $ | (398,499 | )
Income tax payable |  |  | (2,158,708 | ) |  |  | (2,132,400 | )
Other levies |  |  | 611,741 |  |  |  | 591,325 |
Repatriation tax |  |  | 29,010,535 |  |  |  | 29,010,535 |
Total |  | $ | 26,892,526 |  |  | $ | 27,070,961 |
Schedule of Provision for Income Taxes | The provision for income taxes consists of the following:
|  | March 31, |  |  | March 31, |
|  | 2024 |  |  | 2023 |
Current tax |  | $ | (10,828 | ) |  | $ | - |
Deferred tax |  |  | - |  |  |  | - |
Total |  | $ | (10,828 | ) |  | $ | - |
Schedule of Deferred Tax Assets | Significant components of deferred tax assets were as follows:
|  | March 31, |  |  | June 30, |
|  | 2024 |  |  | 2023 |
Deferred tax assets |  |  |  |  |  |
Deferred tax benefit |  |  | 32,874,122 |  |  |  | 32,464,001 |
Valuation allowance |  |  | (32,765,474 | ) |  |  | (32,366,181 | )
Total deferred tax assets |  | $ | 108,647 |  |  |  | 97,820 |
Schedule of Effective Income Tax Rate Reconciliation | Actual income tax benefit reported in the consolidated statements of operations and comprehensive income (loss) differ from the amounts computed by applying the US statutory income tax rate of 21.0% to income before income taxes for the nine months ended March 31, 2024 and 2023 for the following reasons:
|  | China 15% - 25% |  |  |  |  |  | United States 21% |  |  |  |  |  | Total |  |  |  |
Pretax loss |  | $ | (15,060,332 | ) |  |  |  |  |  |  | (3,005,976 | ) |  |  |  |  |  |  | (18,066,308 | ) |  |  |  |
Expected income tax expense (benefit) |  |  | (3,765,083 | ) |  |  | 25.0 | % |  |  | (631,255 | ) |  |  | 21.0 | % |  |  | (4,396,338 | ) |  |  |  |
High-tech income benefits on Jinong |  |  | - |  |  |  | - |  |  |  | - |  |  |  |  |  |  |  | - |  |  |  |  |
Losses from subsidiaries in which no benefit is recognized |  |  | 3,754,255 |  |  |  | -24.9 | % |  |  | - |  |  |  |  |  |  |  | 3,754,255 |  |  |  |  |
Change in valuation allowance on deferred tax asset from US tax benefit |  |  | - |  |  |  | - |  |  |  | 631,255 |  |  |  | -21.0 | % |  |  | 631,255 |  |  |  |  |
Actual tax expense |  | $ | (10,828 | ) |  |  | 0.1 | % |  |  | - |  |  |  | - |  |  |  | (10,828 | ) |  |  | 0.1 | %
|  | China 15% - 25% |  |  |  |  |  | United States 21% |  |  |  |  |  | Total |  |  |  |
Pretax loss |  | $ | (1,474,883 | ) |  |  |  |  |  |  | (2,460,172 | ) |  |  |  |  |  | $ | (3,932,555 | ) |  |  |  |
Expected income tax expense (benefit) |  |  | (368,721 | ) |  |  | 25.0 | % |  |  | (516,636 | ) |  |  | 21.0 | % |  |  | (885,357 | ) |  |  |  |
High-tech income benefits on Jinong |  |  | 552,397 |  |  |  | (37.5 | )% |  |  | - |  |  |  | - |  |  |  | 552,397 |  |  |  |  |
Losses from subsidiaries in which no benefit is recognized |  |  | (183,676 | ) |  |  | 12.5 | % |  |  | - |  |  |  | - |  |  |  | (183,676 | ) |  |  |  |
Change in valuation allowance on deferred tax asset from US tax benefit |  |  | - |  |  |  | 0 | % |  |  | 516,636 |  |  |  | (21.0 | )% |  |  | 516,636 |  |  |  |  |
Actual tax expense |  | $ | - |  |  |  | 0 | % |  | $ | - |  |  |  | 0 | % |  | $ | - |  |  |  | 0 | %

X
- Definition Tabular disclosure of income tax and other tax payable at the end of the period. + References No definition available. + Details
Name: | cga_ScheduleOfTaxPayableTableTextBlock
Namespace Prefix: | cga_
Data Type: | dtr:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-9 + Details
Name: | us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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 + Details
Name: | us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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 + Details
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_TaxesPayableCurrentAndNoncurrentAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration