Prepaid Land Use Rights, net

6 Months Ended

Mar. 31, 2014

Prepaid Land Use Rights, net [Text Block]

7. Prepaid Land Use Rights, net

Prepaid land use rights as of September 30, 2013 and March 31, 2014 consisted of the followings:

		September 30, 2013			March 31, 2014
Prepaid land use rights	$	26,531,009		$	26,124,697
Accumulated amortization		(3,861,916	)		(4,065,580	)
	$	22,669,093		$	22,059,117
Less: Classified as current assets		(736,334	)		(744,495	)
	$	21,932,759		$	21,314,622

Amortization expenses of the prepaid land use rights were $391,519 and $133,285 for the three months ended March 31, 2013 and 2014 and $577,454 and $268,008 for the six months ended March 31, 2013 and 2014, respectively.