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

12 Months Ended

Sep. 30, 2016

SCHEDULE OF INCOME TAXES [Table Text Block]

		2015		2016
PRC income tax:
Current	$	5,218,898	$	769,373
Deferred		101,617		(96,793	)
	$	5,320,515	$	(672,580	)

SCHEDULE OF INCOME TAX RECONCILIATION [Table Text Block]

		2015			2016
Profit (loss) before income taxes	$	19,363,204		$	(11,979,614	)
United States federal corporate income tax rate		35%			35%
Income tax expense (credit) computed at United States statutory corporate income tax rate		6,777,121			(4,192,865	)
Reconciling items:
Over provision of deferred taxation in prior year		-			(96,793	)
Rate differential for PRC earnings		(2,100,342	)		1,015,843
Non-deductible expenses		310,514			125,998
Share based payments		262,558			511,769
ASC 740-10 uncertain tax position		-			769,373
Valuation allowance on deferred tax assets		70,664			2,539,255
Income tax expenses	$	5,320,515		$	672,580

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

		2015			2016
Deferred tax assets
Trade accounts receivable	$	32,979		$	-
Inventories		54,127			-
Property, plant and equipment		5,976			-
Valuation allowance		(49,907	)		-
Deferred tax assets, current	$	43,175		$	-
Trade accounts receivable	$	-		$	711,944
Inventories		-			160,222
Property, plant and equipment		-			156,628
Valuation allowance		-			(1,028,794	)
Deferred tax assets, non-current	$	-		$	-
Net operating loss carried forward	$	36,362,743		$	37,923,110
Valuation allowance		(36,362,743	)		(37,923,110	)
Deferred tax assets, non-current	$	-			-
Deferred tax liabilities, non-current
Property, plant and equipment	$	142,650		$	-