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Inventories
3 Months Ended
Jun. 30, 2020
Inventory Disclosure [Abstract]  
INVENTORIES

NOTE 5. INVENTORIES

 

Inventories are comprised of raw materials, and finished goods (including processed rice and other agricultural products).

 

Raw materials include all costs of materials purchased to be used in production of the Company's products.

 

Manufactured goods, rice and other products includes all expenditures incurred in bringing the goods to the point of sale and putting them in a saleable condition.

 

The Company values inventory on its balance sheet at the lower of cost or net realizable value. Inventories consisted of the following:

 

    June 30   March 31 
    2020   2020 
    (Unaudited)     
Rice and other products   13,480    41,153 
Packing and other materials   12,856    15,457 
Total inventories at cost   26,336    56,610