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ACCRUED EXPENSES AND OTHER LIABILITIES (Tables)
9 Months Ended
Dec. 31, 2018
Payables and Accruals [Abstract]  
Schedule of Accounts Payable and Accrued Liabilities [Table Text Block]
 
 
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.