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Taxes Payable (Tables)
3 Months Ended
Sep. 30, 2019
Income Tax Disclosure [Abstract]  
Schedule of income taxes and related payables

   Sept 30,   June 30, 
   2019   2019 
VAT provision  $(395,421)  $(424,535)
Income tax payable   (179,628)   1,550,830 
Other levies   1,185,679    1,220,859 
Total  $610,630   $2,347,154 

Schedule of provision for income taxes

   September 30,   September 30, 
   2019   2018 
Current tax - foreign  $449,131   $1,654,416 
Deferred tax   -    - 
Total  $449,131   $1,654,416 

Schedule of effective income tax rate reconciliation

September 30, 2019

 

   China       United States             
   15% - 25%       21%       Total     
Pretax income (loss)  $(6,527,995)        (338,673)       $(6,866,668)     
                               
Expected income tax expense (benefit)   (1,631,999)   25.0%   (71,121)   21.0%   (1,703,120)     
High-tech income benefits on Jinong   (61,659)   0.9%   -    -    (61,659)     
Losses from subsidiaries in which no benefit is recognized   2,142,789    (32.8)%   -    -    2,142,789      
Change in valuation allowance on deferred tax asset from US tax benefit   -         71,121    (21.0)%   71,121      
Actual tax expense  $449,131    (6.9)%  $-    -%  $449,131    (6.5)%

 

September 30, 2018

 

    China           United States                    
    15% - 25%           21%           Total        
Pretax income (loss)   $ 11,287,985               (621,765 )           $ 10,666,220          
                                                 
Expected income tax expense (benefit)     2,821,996       25.0 %     (130,571 )     21.0 %     2,691,426          
High-tech income benefits on Jinong     (1,041,180 )     (9.5 )%     -       -       (1,041,180 )        
Losses from subsidiaries in which no benefit is recognized     (126,400 )     (1.1 )%     -       -       (126,400 )        
Change in valuation allowance on deferred tax asset from US tax benefit     -               130,571       (21.0 )%     130,571          
Actual tax expense   $ 1,654,416       14.7 %   $ -       - %   $ 1,654,416       15.5 %