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PREPAYMENTS, RECEIVABLES AND OTHER ASSETS (Tables)
9 Months Ended
Dec. 31, 2018
Receivables [Abstract]  
Schedule Of Prepayments Receivables [Table Text Block]
As of December 31, 2018, and March 31, 2018, the prepayments, receivables and other assets were comprised of the following:
 
 
 
December 31, 2018
 
 
March 31, 2018
 
 
 
(unaudited)
 
 
 
 
 
 
 
 
 
 
 
Due from 
automobile purchasers
*
 
$
1,634,168
 
 
$
-
 
Deposit
 
 
228,138
 
 
 
-
 
Prepaid expenses
 
 
127,030
 
 
 
44,861
 
Loans to employees
 
 
-
 
 
 
2,718
 
Others
 
 
129,206
 
 
 
22,842
 
 
 
$
2,118,542
 
 
$
70,421
 
 
*The balance due from automobile purchasers represented the payment of automobiles and related insurances and taxes made on behalf of the automobile purchasers. The balance is expected to be collected from the automobile purchasers in installments.