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TAXES PAYABLE (Details) (USD $)	Dec. 31, 2012	Jun. 30, 2012
VAT provision (credit)	$ 584,451	$ 68,180
Income tax payable	20,185,373	17,274,817
Other levies	332,321	332,392
Total	$ 21,102,145	$ 17,675,389

- Definition

Carrying amount as of the balance sheet date of the unpaid sum of the known and estimated amounts payable to satisfy all currently due domestic and foreign income tax obligations.

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