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Other Payables and Accrued Liabilities (Tables)

3 Months Ended

Mar. 31, 2017

Other Payables and Accrued Liabilities [Abstract]

Summary of other payables and accrued liabilities

		March 31,				December 31,
		2017				2016
Accrued electricity		$	259,402			$	335,169
Value-added tax payable			69,207				1,080,055
Accrued interest to a related party			629,986				516,825
Payable for purchase of equipment			46,961				223,143
Accrued commission to salesmen			17,356				160,014
Others			13,055				109,572
Totals		$	1,035,967			$	2,424,778

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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.

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