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Refunds Due to Customers
6 Months Ended
Sep. 30, 2019
Refunds Due To Customers  
Refunds Due to Customers

NOTE 13 – REFUNDS DUE TO CUSTOMERS

 

As of September 30, 2019 and March 31, 2019 the amount of refunds due to customers was approximately $1,649,000 and $31,000, respectively. We have received total chargebacks of approximately $1,643,000 for damaged goods received by one major customer in August 2019 (See Note 2 – LIQUIDITY). As such, we have recorded a refund due to the customer of approximately $1,643,000 on the accompanying condensed consolidated balance sheet at September 30, 2019.