Quarterly report pursuant to Section 13 or 15(d)

Other Receivables

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Other Receivables
 9 Months Ended
Sep. 30, 2021
Other Receivables [Abstract]  
OTHER RECEIVABLES

NOTE 5 – OTHER RECEIVABLES

 

At September 30, 2021 and December 31, 2020, other receivables consisted of the following:

 

    September 30,
2021		     December 31,
2020		  
    (Unaudited)        
VAT recoverable (1)   $ 211,457     $ 1,520,501  
Other     394,841       380,593  
    $ 606,298     $ 1,901,094  

 

(1) The balance of advanced VAT represents input VAT available for deducting the amount of VAT paid in the future.