Income Taxes, Deferred Tax Assets and Deferred Tax Liabilities (Tables)

6 Months Ended

Mar. 31, 2014

SCHEDULE OF INCOME TAXES [Table Text Block]

		Three Months ended March 31,				Six Months ended March 31,
		2013		2014		2013		2014
PRC income tax:
Current	$	212,816	$	-	$	244,823	$	16,474
Deferred		5,781,450		-		5,781,450		-
	$	5,994,266	$	-	$	6,026,273	$	16,474

SCHEDULE OF INCOME TAX RECONCILIATION [Table Text Block]

		Three Months ended March 31,						Six Months ended March 31,
		2013			2014			2013			2014
Loss before income taxes	$	(13,694,111	)	$	(9,264,785	)	$	(41,827,854	)	$	(14,530,353	)
United States federal corporate income tax rate		35%			35%			35%			35%
Income tax computed at United States statutory corporate income tax rate		(4,792,939	)		(3,242,675	)		(14,639,749	)		(5,085,624	)
Reconciling items:
Valuation allowance on deferred tax assets		5,780,842			2,263,757			5,781,450			3,208,481
Rate differential for PRC earnings		2,726,524			905,850			8,061,891			1,402,408
Non-deductible expenses		2,245,771			62,897			6,533,103			465,630
Share based payment		34,068			10,171			76,434			25,579
Under-provision in prior year		-			-			213,144			-
Income tax expenses	$	5,994,266		$	-		$	6,026,273		$	16,474

SCHEDULE OF DEFERRED TAX ASSETS AND LIABILITIES [Table Text Block]

		September 30, 2013			March 31, 2014
Deferred tax assets
Short-term
Trade accounts receivable	$	5,530,324		$	5,079,771
Inventories		5,365,802			5,907,398
Accrued expenses and other payables		865,002			914,393
Valuation allowance		(11,761,128	)		(11,901,562	)
Short-term deferred tax assets		-			-
Long-term
Property, plant and equipment		17,826,415			17,512,788
Net operating loss carried forward		26,833,658			30,516,874
Valuation allowance		(44,660,073	)		(48,029,662	)
Long-term deferred tax assets		-			-
Total net deferred tax assets	$	-		$	-
Deferred tax liabilities:
Long-term - Property, plant and equipment	$	(779,814	)	$	(767,872	)
Net deferred tax liabilities	$	(779,814	)	$	(767,872	)