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

12 Months Ended

Sep. 30, 2014

SCHEDULE OF INCOME TAXES [Table Text Block]

		2013		2014
PRC income tax:
Current	$	293,678	$	16,475
Deferred		5,826,286		-
	$	6,119,964	$	16,475

SCHEDULE OF INCOME TAX RECONCILIATION [Table Text Block]

		2013			2014
Loss before income taxes - continuing operations	$	(110,306,631	)	$	(26,705,038	)
United States federal corporate income tax rate		35%			35%
Income tax credit computed at United States statutory corporate income tax rate		(38,607,321	)		(9,346,763	)
Reconciling items:
Valuation allowance on deferred tax assets		37,579,296			6,227,021
Rate differential for PRC earnings		6,753,482			2,574,746
Non-deductible expenses		54,781			530,410
Share based payments		125,652			31,061
Under-provision in prior years		214,074			-
Provision for income taxes	$	6,119,964		$	16,475

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

		2013			2014
Deferred tax assets
Short-term
Trade accounts receivable	$	5,530,324		$	-
Inventories		5,365,802			-
Accrued expenses and other payables		865,002			-
Valuation allowance		(11,761,128	)		-
Short-term deferred tax assets		-			-
Long-term
Property, plant and equipment		17,826,415			-
Net operating loss carried forward		26,833,658			12,534,160
Valuation allowance		(44,660,073	)		(12,534,160	)
Long-term deferred tax assets	$	-		$	-
Deferred tax liabilities – Long-term
Property, plant and equipment	$	(779,814	)	$	-