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DUE TO / FROM RELATED PARTIES
9 Months Ended
Dec. 31, 2012
Due To Related Parties, Net [Abstract]  
Due to Related Parties Net Disclosure [Text Block]

NOTE 12 – DUE TO / FROM RELATED PARTIES

As of December 31, 2012 and March 31, 2012 the Company had amounts due to related parties in the amounts of $6,810,439 and $4,357,530 respectively, consisting primarily of trade payables due to Starlight affiliates. As of December 31, 2012 and March 31, 2012 the Company had amounts due from related parties in the amounts of $351,618 and $162,863 respectively, consisting primarily of trade receivables due from Starlight affiliates. As of April 1, 2012 Starlight Electronics Company, Ltd (related-party company) began charging interest on the current year intercompany trade payables that are past due at a rate of 4.5% per annum. For the three and nine months ended December 31, 2012 and December 31, 2011, the Company incurred interest expense in the amounts of $5,575 and $0, respectively.