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NOTE 10 - COMMITMENTS
12 Months Ended
Sep. 30, 2019
Commitments and Contingencies Disclosure [Abstract]  
Commitments

NOTE 10 - COMMITMENTS

 

As of September 30, 2019, the Company has three capital leases of equipment and vehicle with a gross value of $86,218 and $68,930, respectively, included in property, plant and equipment.

 

The Company also leases its offices under operating lease, and the rental expense is $550,683 and $411,226 for the years ended September 30, 2019 and 2018.

 

The future minimum lease payments as of September 30, 2019 are as follows:

 

Year ending September 30   Capital lease   Operating lease
2020 $                                                   30,305  $                                                 470,430
2021                                                     30,305                                                     112,212
2022                                                     43,458                                                               -
2023                                                     19,558                                                               -
2024                                                     11,409                                                               -
Thereafter    -                                                               -
Total                                                   135,035   $                                                   582,642
Less: imputed interest                                                     (7,388)    
Total capital lease obligation                                                   127,647    
Less: current portion                                                   (28,683)    
Long-term lease obligation $                                                   98,964