XML 52 R27.htm IDEA: XBRL DOCUMENT

Note 2 - Summary of Significant Accounting Policies: Taxes Payable (Policies)	3 Months Ended
Jul. 31, 2014
Policies
Taxes Payable	*TAXES PAYABLE* We are required to charge for and to collect value added taxes (VAT) on our sales. We record VAT charged to our customers as VAT payable. In addition, we pay value added taxes on our primary purchases. We record VAT charged by our vendors as VAT receivable. These amounts are presented as net amounts for financial statement purposes. Taxes payable at July 31, 2014 and April 30, 2014 amounted to $57,598 and $69,298, respectively, consisting primarily of VAT taxes.

Note 2 - Summary of Significant Accounting Policies: Taxes Payable (Policies)

3 Months Ended

Jul. 31, 2014

TAXES PAYABLE

We are required to charge for and to collect value added taxes (VAT) on our sales. We record VAT charged to our customers as VAT payable. In addition, we pay value added taxes on our primary purchases. We record VAT charged by our vendors as VAT receivable. These amounts are presented as net amounts for financial statement purposes. Taxes payable at July 31, 2014 and April 30, 2014 amounted to $57,598 and $69,298, respectively, consisting primarily of VAT taxes.

- Definition

Disclosure of accounting policy for income taxes, which may include its accounting policies for recognizing and measuring deferred tax assets and liabilities and related valuation allowances, recognizing investment tax credits, operating loss carryforwards, tax credit carryforwards, and other carryforwards, methodologies for determining its effective income tax rate and the characterization of interest and penalties in the financial statements.

+ References+ Details