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ACCRUED EXPENSES AND OTHER LIABILITIES | 9 Months Ended
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Dec. 31, 2018
Payables and Accruals [Abstract] |
Accounts Payable and Accrued Liabilities Disclosure [Text Block] |
| 8. | ACCRUED EXPENSES AND OTHER LIABILITIES
|  | December 31, 2 018 |  |  | March 31, 2018 |
|  | (unaudited) |  |  |  |
Accrued payroll and welfare |  | $ | 484,295 |  |  | $ | 195,695 |
Loan repayments received on behalf of financial institutions (i) |  |  | 298,660 |  |  |  | - |
Other payable (ii) |  |  | 112,152 |  |  |  | 194,943 |
Accrued insurance expenses |  |  | 98,583 |  |  |  | - |
Customer deposit |  |  | 38,071 |  |  |  | 8,495 |
Accrued bank charges |  |  | 20,507 |  |  |  |  |
Other tax payable |  |  | 12,209 |  |  |  | 5,471 |
Accrued rental fees |  |  | 7,039 |  |  |  | - |
|  | $ | 1,071,516 |  |  | $ | 404,604 |
| (i) | The balance of loan repayments received on behalf of financial institutions represented the loan repayments made by the automobile purchasers to financial institutions through the Company, which has not been paid to the financial institutions as of December 31, 2018.
| (ii) | The balance of other payable represented amount due to suppliers and vendors.

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- Definition The entire disclosure for accounts payable and accrued liabilities at the end of the reporting period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(a),20,24) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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- References No definition available. + Details
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