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Other Payables and Accrued Liabilities (Tables)

12 Months Ended

Dec. 31, 2022

Other Payables and Accrued Liabilities [Abstract]

Schedule of other payables and accrued liabilities

		March 31,				December 31,
		2023				2022
Accrued electricity		$	131,800			$	3,036
Accrued rental			93,793				56,646
Value-added tax payable			717				69,053
Accrued interest to a related party			616,691				608,465
Payable for purchase of equipment			3,327,926				3,294,940
Accrued commission to salesmen			17,325				19,524
Accrued bank loan interest			1,781,801				1,595,354
Others			23,851				18,540
Totals		$	5,993,904			$	5,665,558

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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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