INTANGIBLE ASSETS, NET

12 Months Ended

Sep. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

INTANGIBLE ASSETS, NET

NOTE 10 – INTANGIBLE ASSETS, NET

Intangible assets, net mainly consist of the following:

	September 30, 2024			September 30, 2023
Land use rights	$	859,864		$	827,053
Less: accumulated amortization		(82,869	)		(60,703	)
Land use rights, net	$	776,995		$	766,350

Amortization expenses were $24,108, $9,010, and $7,610 for the fiscal years ended September 30, 2024, 2023 and 2022, respectively. Estimated future amortization expense for intangible assets is as follows:

Years ending September 30,	Amortization expense
2025	$	17,055
2026		17,055
2027		17,055
2028		17,055
2029		17,055
Thereafter		691,720
Total	$	776,995

BON NATURAL LIFE LIMITED AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS