NOTES RECEIVABLE

3 Months Ended

Dec. 31, 2011

Receivables [Abstract]

Loans, Notes, Trade and Other Receivables Disclosure [Text Block]

Note 5 – NOTES RECEIVABLE

Notes receivable amounted to $24,275 (CNY157,500) as of December 31, 2011 (September 30, 2011: $Nil) consist of bank acceptance bills from a customer as settlement of accounts receivable. Bank acceptance bills are accepted by the remitters’ banks in such a way that the bills entitle the holders of the bills to receive the full face amount from the remitting bank at maturity, which bears no interest and maturity generally ranges from three to six months from the date of issuance.