ACCOUNTS RECEIVABLES, NET

3 Months Ended

Jun. 30, 2018

Receivables [Abstract]

Financing Receivables [Text Block]

NOTE 4 – ACCOUNTS RECEIVABLES, NET

The Company’s net accounts receivable is as follows:

	As of		As of
	June 30, 2018		March 31, 2018
Trade accounts receivable	$	13,240,000	$	5,247,090
Less: allowances for doubtful accounts		-		-
Accounts receivables, Net	$	13,240,000	$	5,247,090

As of June 30, 2018 and March 31, 2018, the balance of accounts receivable includes $25,015 and $470,659 of factored accounts receivable to be received from Hong Kong and Shanghai Banking Corporation (“HSBC”) under the Factoring Agreement (see Note 10).