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LEASE
12 Months Ended
Mar. 31, 2023
Lease  
LEASE

NOTE –7 LEASE

 

As of March 31, 2023, the Company entered into an operating lease with a lease term of 2 years, commencing from February 22, 2022.

 

Right of use assets and lease liability – right of use are as follows: 

         
   As of March 31, 
   2023   2022 
         
Right-of-use assets  $32,705   $72,129 

  

The lease liability – right of use is as follows:

 

   As of March 31, 
   2023   2022 
         
Current portion  $33,638   $38,697 
Non-current portion       33,721 
           
Total  $33,638   $72,418 

 

The weighted average discount rate for the operating lease is 5%.

 

As of March 31, 2023, the operating lease payment of $33,638 will mature in the next 12 months.