CONSTRUCTION IN PROGRESS

9 Months Ended

Dec. 31, 2014

Construction In Progress Disclosure [Abstract]

CONSTRUCTION IN PROGRESS

NOTE 6 – CONSTRUCTION IN PROGRESS

Construction in progress represents direct costs of construction or acquisition and design fees incurred for the Company’s new plant and equipment. Capitalization of these costs ceases and the construction in progress is transferred to plant and equipment when substantially all the activities necessary to prepare the assets for their intended use are completed. No depreciation is made until construction is completed and put into use.