Taxes Payable (Tables)

3 Months Ended

Sep. 30, 2017

Taxes Payable [Abstract]

Schedule of income taxes and related payables

	Sept 30,			June 30,
	2017			2017
VAT provision	$	(538,043	)	$	(575,872	)
Income tax payable		582,425			2,229,735
Other levies		668,962			1,036,544
Total	$	713,344		$	2,690,407

Schedule of provision for income taxes

	September 30,		September 30,
	2017		2016
Current tax - foreign	$	1,722,655	$	1,295,248
Deferred tax		-		-
	$	1,722,655	$	1,295,248

Schedule of effective income tax rate reconciliation

	China					United States
30-Sep-17	15% - 25%					34%					Total
Pretax income (loss)	$	7,015,501				$	(198,017	)			$	6,817,484
Expected income tax expense (benefit)		1,753,875		0.250			(67,326	)	34	%		1,686,549
High-tech income benefits on Jinong		(675,422	)	-0.096								(675,422	)
Losses from subsidiaries in which no benefit is recognized		644,202		0.092								644,202
Change in valuation allowance on deferred tax asset from US tax benefit		0					67,326		-34	%		67,326
Actual tax expense	$	1,722,655		24.6	%	$	0		0.00	%	$	1,722,655		25.3	%

September 30, 2016

	China					United States
	15% - 25%					34%					Total
Pretax income (loss)	$	8,965,900					(346,122	)			$	8,619,778
Expected income tax expense (benefit)		2,241,475		25.0	%		(117,682	)	34.0	%		2,123,794
High-tech income benefits on Jinong		(593,485	)	(6.6	)%		-		-			(593,485	)
Losses from subsidiaries in which no benefit is recognized		(352,742	)	(3.9	)%		-		-			(352,742	)
Change in valuation allowance on deferred tax asset from US tax benefit		-					117,682		(34.0	)%		117,681
Actual tax expense	$	1,295,248		14.4	%	$	-		-	%	$	1,295,248		15.0	%