PROPERTY, PLANT AND EQUIPMENT
|12 Months Ended|
Sep. 30, 2020
|PROPERTY, PLANT AND EQUIPMENT|
|PROPERTY, PLANT AND EQUIPMENT||
NOTE 6 – PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment consisted of the following as of September 30, 2020 and 2019:
Depreciation expense was $438,467 and $375,286 for the years ended September 30, 2020 and 2019, respectively.
As of September 30, 2020 and 2019, the Company pledged buildings and machinery to secure banking facilities granted to the Company. The carrying values of the pledged buildings to secure bank borrowings by the Company are shown in Note 11.
The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections.
Reference 1: http://www.xbrl.org/2003/role/disclosureRef