Taxes Payable (Tables)

12 Months Ended

Jun. 30, 2017

Taxes Payable [Abstract]

Schedule of taxes payable

	June 30,			June 30,
	2017			2016
VAT provision	$	(575,872	)	$	2,218
Income tax payable		2,229,735			3,445,480
Other levies		1,036,544			656,520
Total	$	2,690,407		$	4,104,218

Schedule of provision for income taxes

	Years Ended June 30,
	2017		2016
Current tax - foreign	$	6,511,880	$	7,371,967
Deferred tax		-		-
	$	6,511,880	$	7,371,967

Schedule of deferred income tax assets and liabilities

	June 30,			June 30,
	2017			2016
Deferred tax assets:
Net operating loss	$	14,607,802		$	13,803,943
Total deferred tax assets		14,607,802			13,803,943
Less valuation allowance		(14,607,802	)		(13,803,943	)
	$	-		$	-

Schedule of effective income tax rate reconciliation

June 30, 2017

Tax Rate Reconciliation
	China					United States
		15% - 25%					34%					Total
Pretax income (loss)	$	34,028,617				$	(2,364,584	)			$	31,664,033
Expected income tax expense (benefit)		8,507,154		25	%		(803,958	)	34	%		7,703,196
High-tech income benefits on Jinong		(2,033,489	)	-6.0	%							(2,033,489	)
Gains from subsidiaries in which additional benefit is recognized		38,215		0.1	%							38,215
Change in valuation allowance on deferred tax asset from US tax benefit		0					803,958		(34)	%		803,958
Actual tax expense	$	6,511,880		19.1	%	$	0		0	%	$	6,511,880		20.6	%

June 30, 2016
	China					United States
	15% - 25%					34%					Total
Pretax income (loss)	$	32,076,160					(5,768,770	)			$	26,307,390
Expected income tax expense (benefit)		8,019,040		25.0	%		(1,961,382	)	34.0	%		6,062,571
High-tech income benefits on Jinong		(2,214,672	)	(5.7	)%		-		-			(2,214,672	)
Losses from subsidiaries in which no benefit is recognized		1,567,599	)	(0.8	)%		-		-			1,567,599	)
Change in valuation allowance on deferred tax asset from US tax benefit		-					1,961,382		(34.0)	%		1,961,382
Actual tax expense	$	7,371,967		23	%	$	-		-	%	$	7,371,967		21.6	%