Jerash Holdings (US) (JRSH) 10-K 28 Jun 19 2019 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Mar. 31, 2019	Jun. 25, 2019	Sep. 28, 2018
Document and Entity Information [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Mar. 31, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	FY
Entity Registrant Name	Jerash Holdings (US), Inc.
Entity Central Index Key	0001696558
Current Fiscal Year End Date	--03-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Public Float			$ 16,271,093
Trading Symbol	JRSH
Entity Common Stock, Shares Outstanding		11,325,000
Entity Shell Company	false
Entity Emerging Growth Company	true
Entity Ex Transition Period	true
Entity Small Business	true
Entity Interactive Data Current	Yes
Security Exchange Name	NASDAQ
Title of 12(b) Security	Common Stock

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($)	Mar. 31, 2019	Mar. 31, 2018
Current Assets:
Cash	$ 27,182,158	$ 8,597,830
Accounts receivable	4,020,369	5,247,090
Accounts receivable- related party	0	50,027
Inventories	21,074,243	20,293,392
Prepaid expenses and other current assets	2,630,727	1,533,868
Advance to suppliers	443,395	1,128,079
Total Current Assets	55,350,892	36,850,286
Restricted cash	652,310	3,598,280
Long-term deposits	810,172	0
Deferred tax assets	81,461	0
Property, plant and equipment, net	2,356,262	2,819,715
Total Assets	59,251,097	43,268,281
Current Liabilities:
Credit facilities	648,711	980,195
Accounts payable	3,378,258	4,776,812
Accrued expenses	1,539,147	1,175,427
Income tax payable	1,164,238	112,000
Other payables	855,527	878,987
Total Current Liabilities	7,585,881	7,923,421
Income tax payable - non-current	1,403,087	1,288,000
Total Liabilities	8,988,968	9,211,421
Commitments and Contingencies (See Note 13)
Equity
Preferred stock, $0.001 par value; 500,000 shares authorized; none issued and outstanding	0	0
Common stock, $0.001 par value; 30,000,000 and 15,000,000 shares authorized; 11,325,000 shares and 9,895,000 shares issued and outstanding as of March 31, 2019 and March 31, 2018, respectively.	11,325	9,895
Additional paid-in capital	14,956,767	2,742,158
Statutory reserve	212,739	71,699
Retained earnings	34,786,735	30,948,006
Accumulated other comprehensive loss	(14,440)	(24,502)
Total Jerash Holdings (US), Inc.'s Shareholders' Equity	49,953,126	33,747,256
Noncontrolling interest	309,003	309,604
Total Equity	50,262,129	34,056,860
Total Liabilities and Equity	$ 59,251,097	$ 43,268,281

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Mar. 31, 2019	Mar. 31, 2018
Preferred Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Preferred Stock, Shares Authorized	500,000	500,000
Preferred Stock, Shares Issued	0	0
Preferred Stock, Shares Outstanding	0	0
Common Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Common Stock, Shares Authorized	30,000,000	15,000,000
Common Stock, Shares, Issued	11,325,000	9,895,000
Common Stock, Shares, Outstanding	11,325,000	9,895,000

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Revenue, net	$ 84,983,661	$ 69,295,698
Cost of goods sold	66,206,652	51,342,020
Gross Profit	18,777,009	17,953,678
Selling, general and administrative expenses	8,834,547	6,002,452
Share-based compensation expenses	3,593,888	116,578
Total Operating Expenses	12,428,435	6,119,030
Income from Operations	6,348,574	11,834,648
Other Income / (Expense):
Other income / (expense), net	23,802	(31,369)
Total other income / (expense), net	23,802	(31,369)
Net Income before provision for income taxes	6,372,376	11,803,279
Income tax expense	1,260,861	1,400,000
Net Income	5,111,515	10,403,279
Net loss attributable to noncontrolling interest	754	6,838
Net income attributable to Jerash Holdings (US), Inc.'s Common Shareholders	5,112,269	10,410,117
Net Income	5,111,515	10,403,279
Other Comprehensive Income / (Loss):
Foreign currency translation gain / (loss)	10,215	(16,262)
Total Comprehensive Income	5,121,730	10,387,017
Comprehensive loss attributable to noncontrolling interest	601	6,993
Comprehensive Income Attributable to Jerash Holdings (US), Inc.'s Common Shareholders	$ 5,122,331	$ 10,394,010
Earnings Per Share Attributable to Common Shareholders:
Basic	$ 0.46	$ 1.07
Diluted	$ 0.45	$ 1.07
Weighted Average Number of Shares
Basic	11,199,630	9,735,651
Diluted	11,330,310	9,735,651

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)	Total	Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Statutory Reserve [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Noncontrolling Interest [Member]
Balance at Mar. 31, 2017	$ 22,017,790	$ 0	$ 8,788	$ 1,091,212	$ 71,699	$ 20,537,889	$ (8,395)	$ 316,597
Balance (in shares) at Mar. 31, 2017		0	8,787,500
Reverse recapitalization	1,000	$ 0	$ 712	288	0	0	0	0
Reverse recapitalization (in shares)		0	712,500
Private placement – common stock and warrants issued, net of stock issuance costs of $444,475	1,534,475	$ 0	$ 395	1,534,080	0	0	0	0
Private placement – common stock and warrants issued, net of stock issuance costs of $444,475 (in shares)		0	395,000
Stock-based compensation expense for the warrant issued to the board observer.	116,578	$ 0	$ 0	116,578	0	0	0	0
Net income (loss)	10,403,279	0	0	0	0	10,410,117	0	(6,838)
Foreign currency translation loss	(16,262)	0	0	0	0	0	(16,107)	(155)
Balance at Mar. 31, 2018	34,056,860	$ 0	$ 9,895	2,742,158	71,699	30,948,006	(24,502)	309,604
Balance (in shares) at Mar. 31, 2018		0	9,895,000
Common stock issued net of stock issuance costs of $1,387,879	8,622,121	$ 0	$ 1,430	8,620,691	0	0	0	0
Common stock issued net of stock issuance costs of $1,387,879 (in shares)		0	1,430,000
Share-based compensation expense for the stock options issued under stock incentive plan.	3,593,888	$ 0	$ 0	3,593,888	0	0	0	0
Warrants issued to the underwriter	30	0	0	30	0	0	0	0
Net income (loss)	5,111,515	0	0	0	0	5,112,269	0	(754)
Dividend distribution	(1,132,500)	0	0	0	0	(1,132,500)	0	0
Statutory reserve	0	0	0	0	141,040	(141,040)	0	0
Foreign currency translation loss	10,215	0	0	0	0	0	10,062	153
Balance at Mar. 31, 2019	$ 50,262,129	$ 0	$ 11,325	$ 14,956,767	$ 212,739	$ 34,786,735	$ (14,440)	$ 309,003
Balance (in shares) at Mar. 31, 2019		0	11,325,000

CONSOLIDATED STATEMENTS OF CH_2

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (Parenthetical) - USD ($)	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Common stock issued net of stock issuance costs	$ 1,387,879	$ 444,475

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 5,111,515	$ 10,403,279
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	1,255,820	1,216,973
Share-based compensation expense	3,593,888	116,578
Changes in operating assets:
Accounts receivable	1,229,239	(2,472,680)
Account receivable - related party	50,047	2,293,190
Inventories	(770,720)	(1,151,531)
Prepaid expenses and other current assets	(1,404,198)	(470,441)
Advances to suppliers	685,197	(1,128,320)
Deferred tax assets	(81,461)	0
Changes in operating liabilities:
Accounts payable	(1,400,533)	(5,472,312)
Accrued expenses	363,037	711,332
Other payables	(23,888)	(282,472)
Income tax payable	1,167,322	1,400,000
Net cash provided by operating activities	9,775,265	5,163,596
CASH FLOWS FROM INVESTING ACTIVITIES
Purchases of property, plant and equipment	(791,001)	(877,944)
Acquisition deposit	(380,000)	0
Long-term deposits	(430,113)	0
Due from related party	0	336,746
Net cash used in investing activities	(1,601,114)	(541,198)
CASH FLOWS FROM FINANCING ACTIVITIES
Dividend distribution	(1,132,500)	0
Proceeds (repay) from short-term loan	(331,876)	980,403
Due from shareholders	0	692,500
Net proceeds from issuance of common stock	8,930,300	0
Warrants issued to the underwriter	30	0
Net proceeds from private placement	0	1,772,845
Net cash provided by financing activities	7,465,954	3,445,748
EFFECT OF EXCHANGE RATES CHANGES ON CASH	(1,747)	(4,797)
NET INCREASE IN CASH	15,638,358	8,063,349
CASH, AND RESTRICTED CASH, BEGINNING OF THE YEAR	12,196,110	4,132,761
CASH, AND RESTRICTED CASH, END OF THE YEAR	27,834,468	12,196,110
CASH, AND RESTRICTED CASH, END OF THE YEAR	27,834,468	12,196,110
LESS: NON-CURRENT RESTRICTED CASH	652,310	3,598,280
CASH, END OF PERIOD	27,182,158	8,597,830
Supplemental disclosure information:
Cash paid for income tax	175,000	0
Cash paid for interest	90,867	27,292
Non-cash financing activities:
Warrants issued to underwriters in connection with the IPO in fiscal 2019 and placement agent in connection with the private placement in fiscal 2018	160,732	161,926
Prepaid stock issuance cost netted with proceeds from the IPO in fiscal 2019 and the private placement in fiscal 2018	$ 308,179	$ 239,105

ORGANIZATION AND DESCRIPTION OF

ORGANIZATION AND DESCRIPTION OF BUSINESS	12 Months Ended
	Mar. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	NOTE 1 – ORGANIZATION AND DESCRIPTION OF BUSINESS Jerash Holdings (US), Inc. (“Jerash Holdings”) is a corporation established under the laws of the State of Delaware on January 20, 2016. Jerash Holdings is a parent holding company with no operations. Global Trend Investment Limited (“GTI”) was a limited company that was incorporated in the British Virgin Islands (“BVI”) on July 5, 2000 and was owned by two individuals and a BVI corporation, Merlotte Enterprise Limited, which was wholly owned by the Chairman of the Board of Jerash Holdings and Jerash Garments and Fashions Manufacturing Company Limited (“Jerash Garments”). Previously, GTI was wholly-owned by Wealth Choice Limited (“WCL”), a BVI corporation, and the Chairman of the Board of Jerash Holdings was also one of the beneficial owners of WCL and its subsidiaries. In September 2016, WCL transferred its ownership in GTI and its subsidiaries to Merlotte Enterprise Limited and an individual shareholder, and in October 2016, the individual shareholder transferred approximately 22% of its shares to another individual shareholder. Jerash Garments is a wholly owned subsidiary of Jerash Holdings and was the wholly owned subsidiary of GTI prior to the Merger described below. Jerash Garments was established in Amman, the Hashemite Kingdom of Jordan (“Jordan”) as a limited liability company on November 26, 2000 with declared capital of 50,000 Jordanian Dinar (“JOD”) (approximately US$70,500). In February 2019, the Company increased its declared capital to JOD 150,000 (approximately US$212,000). Jerash for Industrial Embroidery Company (“Jerash Embroidery”) and Chinese Garments and Fashions Manufacturing Company Limited (“Chinese Garments”) were both incorporated in Amman, Jordan as limited liability companies on March 11, 2013 and June 13, 2013, respectively, with declared capital of JOD 50,000 each. Jerash Embroidery and Chinese Garments were initially established under the name of Jerash Garments’ nominated agent but were in fact controlled and fully funded by Jerash Garments. On January 1, 2015, the nominated agent entered into an equity transfer agreement with Jerash Garments, in which the nominated agent agreed to transfer 100% ownership interests of Jerash Embroidery and Chinese Garments to Jerash Garments (the “Equity Transfer”). Subsequent to the Equity Transfer, Jerash Embroidery and Chinese Garments became wholly owned subsidiaries of Jerash Garments. Jerash Garments, Jerash Embroidery and Chinese Garments were effectively controlled by the same controlling shareholders before and after the Equity Transfer. Thus, this transaction is considered a reorganization of entities under common control. The consolidations of Jerash Embroidery and Chinese Garments have been accounted for at their carrying amounts as of the beginning of the first period presented in the accompanying consolidated financial statements. Victory Apparel (Jordan) Manufacturing Company Limited (“Victory Apparel”) was incorporated as a limited liability company in Amman, Jordan on September 18, 2005 with declared capital of JOD 50,000, as a wholly owned subsidiary of WCL. Jerash Garments is the sole user of the land, building and equipment being held by Victory Apparel and had a lease agreement with Victory Apparel related to the use of these assets before GTI and its subsidiaries were acquired by WCL in March 2012. The land and building were not registered in Victory Apparel’s name, and Jerash Garments continued to hold the land and building in its name in trust for Victory Apparel. The declaration of trust was never registered with the Land Registry of Jordan, and on June 30, 2016, Victory Apparel and Jerash Garments dissolved the sale agreement, resulting in the property and equipment being owned free and clear by Jerash Garments. Victory Apparel has no other operating activities of its own and WCL intends to dissolve the entity. Although Jerash Garments does not own the equity interest of Victory Apparel, our president, chief executive officer, chairman and significant shareholder, Mr. Choi, is also a director of Victory Apparel and controls all decision-making for Victory Apparel along with our other significant shareholder, Mr. Lee Kian Tjiauw, who have the ability to control Victory Apparel’s financial affairs. In addition, Victory Apparel's equity at risk is not sufficient to permit it to operate without additional subordinated financial support from Mr. Choi. Based on these facts, we concluded that Jerash Garments has effective control over Victory Apparel due to Mr. Choi’s roles at both organizations and therefore Victory Apparel is considered a Variable Interest Entity (“VIE”) under Accounting Standards Codification (“ASC”) 810-10-05-08A. Accordingly, Jerash Garments consolidates Victory Apparel’s operating results, assets and liabilities. Treasure Success International Limited (“Treasure Success”) was incorporated on July 5, 2016 in Hong Kong, China, whose 100% equity interest is registered under the name of the Chairman of the Board of Jerash Holdings, with the primary purpose to employ staff from China to support Jerash Garments' operations. On October 31, 2016, the Chairman of the Board of Jerash Holdings transferred his 100% equity interest of Treasure Success to GTI. Treasure Success was inactive until October 2016. Treasure Success was consolidated as a VIE before October 31, 2016. The transfer was accounted for as a transfer between entities under common control. On May 11, 2017, the shareholders of GTI contributed 100% of their outstanding capital stock in GTI to Jerash Holdings in exchange for an aggregate of 8,787,500 shares of common stock of Jerash Holdings. Immediately prior to this transaction, Jerash Holdings had 712,500 shares of common stock outstanding with a par value of $0.001 per share. Immediately following this transaction, GTI merged with and into Jerash Holdings, with Jerash Holdings being the surviving entity, as a result of which Jerash Holdings became the direct parent of GTI’s wholly owned subsidiaries, Jerash Garments, including its wholly owned subsidiaries, and Treasure Success. The transactions described above are collectively referred to as the “Merger.” The Merger was accounted for as a reverse recapitalization. Under reverse capitalization accounting, GTI is recognized as the accounting acquirer, and Jerash Holdings is the legal acquirer or accounting acquiree. As such, following the Merger, the historical financial statements of GTI and its subsidiaries are treated as the historical financial statements of the combined company. Consequently, the consolidated financial statements of Jerash Holdings reflect the operations of the accounting acquirer and a recapitalization of the equity of the accounting acquirer. Jerash Holdings, its subsidiaries and VIE (herein collectively referred to as the “Company” are engaged in manufacturing customized ready-made outerwear from knitted fabric and exporting produced apparel for large brand-name retailers. The Company is diversifying the range of products to include additional pieces such as trousers and urban styling outerwear and different types of natural and synthetic materials and is also expanding its workforce in Jordan with workers from other countries, including Bangladesh, Sri Lanka, India, Myanmar and Nepal.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Mar. 31, 2019
Accounting Policies [Abstract]
Significant Accounting Policies [Text Block]	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation and Principles of Consolidation The Company’s consolidated financial statements are prepared in accordance with generally accepted accounting principles in the United States of America (“U.S. GAAP”). The consolidated financial statements include the financial statements of Jerash Holdings and its subsidiaries and VIE. All significant intercompany balances and transactions have been eliminated in consolidation. In accordance with accounting standards regarding the consolidation of variable interest entities, VIEs are generally entities that lack sufficient equity to finance their activities without additional financial support from other parties or whose equity holders lack adequate decision-making ability. All VIEs with which the Company is involved must be evaluated to determine the primary beneficiary of the risks and rewards of the VIEs. The primary beneficiary is required to consolidate the VIE for financial reporting purposes. As described in Note 1, management of the Company has concluded that Victory Apparel is a VIE, and that Jerash Garments is considered the primary beneficiary because it absorbs the risks and rewards of Victory Apparel; therefore, Jerash Holdings consolidates Victory Apparel for financial reporting purposes. Noncontrolling interests result from the consolidation of Victory Apparel, which is 100% owned by WCL. The following table sets forth the carrying amounts of the assets and liabilities of the VIE, Victory Apparel, which was included in the Company’s consolidated balance sheets: March 31, 2019 March 31, 2018 Current assets $ 1,316 $ 2,069 Intercompany receivables* 307,687 311,527 Total assets 309,003 313,596 Third party current liabilities - (3,992 ) Total liabilities - (3,992 ) Net assets $ 309,003 $ 309,604 * Receivables from Jerash Garments are eliminated upon consolidation. Victory Apparel did not generate any income but incurred certain expenses for both years ended March 31, 2019 and 2018. The loss was $754 and $6,838 for the fiscal years ended March 31, 2019 and 2018, respectively. Use of Estimates The preparation of the consolidated financial statements, in conformity with U.S. GAAP, requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. The Company’s most significant estimates include allowance for doubtful accounts, valuation of inventory reserve and useful lives of buildings and other property. Actual results could differ from these estimates. Cash The Company considers all highly liquid investment instruments with an original maturity of three months or less from the original date of purchase to be cash equivalents. As of March 31, 2019, and 2018, the Company had no cash equivalents. Restricted Cash Restricted cash consists of cash used as security deposits to obtain credit facilities from a bank and to secure customs clearance under the requirements of local regulations. The Company is required to keep certain amounts on deposit that are subject to withdrawal restrictions. These security deposits at the bank are refundable only when the bank facilities are terminated. The restricted cash is classified as a non-current asset since the Company has no intention to terminate these bank facilities within one year. Accounts Receivable Accounts receivable are recognized and carried at original invoiced amount less an estimated allowance for uncollectible accounts. The Company usually grants credit to customers with good credit standing for a maximum of 90 days and determines the adequacy of reserves for doubtful accounts based on individual account analysis and historical collection trends. The Company establishes a provision for doubtful receivables when there is objective evidence that the Company may not be able to collect amounts due. The allowance is based on management's best estimates of specific losses on individual exposures, as well as a provision on historical trends of collections. The provision is recorded against accounts receivables balances, with a corresponding charge recorded in the consolidated statements of income and comprehensive income. Actual amounts received may differ from management's estimate of credit worthiness and the economic environment. Delinquent account balances are written off against the allowance for doubtful accounts after management has determined that the likelihood of collection is not probable. No allowance was considered necessary as of March 31, 2019 and 2018. Inventories Inventories are stated at the lower of cost or net realizable value. Inventories include cost of raw materials, freight, direct labor and related production overhead. The cost of inventories is determined using the First in, First-out (“FIFO”) method. The Company periodically reviews its inventories for excess or slow-moving items and makes provisions as necessary to properly reflect inventory value. Property, Plant and Equipment Property, plant and equipment are recorded at cost, reduced by accumulated depreciation and amortization. Depreciation and amortization expense related to property, plant and equipment is computed using the straight-line method based on estimated useful lives of the assets, or in the case of leasehold improvements, the shorter of the initial lease term or the estimated useful life of the improvements. The useful life and depreciation method are reviewed periodically to ensure that the method and period of depreciation are consistent with the expected pattern of economic benefits from items of property, plant and equipment. The estimated useful lives of depreciation and amortization of the principal classes of assets are as follows: Useful life Land Infinite Property and buildings 15 Equipment and machinery 3 5 Office and electronic equipment 3 5 Automobiles 5 Leasehold improvements Lesser of useful life and lease term Expenditures for maintenance and repairs, which do not materially extend the useful lives of the assets, are charged to expense as incurred. Expenditures for major renewals and betterments which substantially extend the useful life of assets are capitalized. The cost and related accumulated depreciation or amortization of assets retired or sold are removed from the respective accounts, and any gain or loss is recognized in the consolidated statements of income and comprehensive income. Impairment of Long-Lived Assets The Company assesses its long-lived assets, including property and equipment, for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset group may not be recoverable. Factors which may indicate potential impairment include a significant underperformance relative to the historical or projected future operating results or a significant negative industry or economic trend. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to the future undiscounted cash flows expected to be generated by that asset. If impairment is indicated, a loss is recognized for any excess of the carrying value over the estimated fair value of the asset. The fair value is estimated based on the discounted future cash flows or comparable market values, if available. The Company did not record any impairment loss during the years ended March 31, 2019 and 2018. Revenue Recognition The Company adopted ASC 606 in the first quarter of fiscal year 2019 using the modified retrospective approach. ASC 606, Revenue from Contracts with Customers, establishes principles for reporting information about the nature, amount, timing and uncertainty of revenue and cash flows arising from the entity's contracts to provide goods or services to customers. The core principle requires an entity to recognize revenue to depict the transfer of goods or services to customers in an amount that reflects the consideration that it expects to be entitled to receive in exchange for those goods or services recognized as performance obligations are satisfied. The Company has assessed the impact of the guidance by reviewing its existing customer contracts and current accounting policies and practices to identify differences that could result from applying the new requirements, including the evaluation of its performance obligations, transaction price, customer payments, transfer of control and principal versus agent considerations. Based on the assessment, the Company concluded that there was no change to the timing and pattern of revenue recognition for its current revenue streams in scope of Topic 606 and therefore there was no material change to the Company’s consolidated financial statements upon adoption of ASC 606. The table below presents the impact of applying the new revenue recognition standard to the components of total revenue within the consolidated statement of income and comprehensive income for the year ended March 31, 2019. The Company evaluated its revenue recognition policy for all revenue streams within the scope of the ASU under previous standards and using the five-step model under the new guidance and concluded that there was no difference in the pattern of revenue recognition: Year Ended March 31, 2019 As reported Financial Results prior to Adoption of Revenue Recognition Standard Impact of Adoption of Revenue Recognition Standard Revenue: $ 84,983,661 $ 84,983,661 $ - Substantially all of the Company’s revenue is derived from product sales, which consist of sales of the Company’s customized ready-made outerwear for large brand-name retailers. The Company considers purchase orders to be a contract with a customer. Contracts with customers are considered to be short-term when the time between order confirmation and satisfaction of the performance obligations is equal to or less than one year, and virtually all of the Company’s contracts are short-term. The Company recognizes revenue for the transfer of promised goods to customers in an amount that reflects the consideration to which the Company expects to be entitled in exchange for those goods. The Company typically satisfies its performance obligations in contracts with customers upon shipment of the goods. Generally, payment is due from customers within 30 to 60 days of the invoice date, and the contracts do not have significant financing components. Shipping and handling costs associated with outbound freight are not an obligation of the Company. All of the Company’s contracts have a single performance obligation satisfied at a point in time and the transaction price is stated in the contract, usually as a price per unit. All estimates are based on the Company's historical experience, complete satisfaction of the performance obligation, and the Company's best judgment at the time the estimate is made. The contract assets are recorded on the Consolidated Balance Sheet as accounts receivable as of March 31, 2019 and March 31, 2018, respectively. For the year ended March 31, 2019 and 2018, there was no revenue recognized from performance obligations related to prior periods. As of March 31, 2019, there was no revenue expected to be recognized in any future periods related to remaining performance obligations. The Company has one revenue generating reportable geographic segment under ASC Topic 280 “Segment Reporting” and derives its sales primarily from its sales of customized ready-made outerwear. The Company believes disaggregation of revenue by geographic region best depicts the nature, amount, timing, and uncertainty of its revenue and cash flows (see Note 12). Shipping and Handling Proceeds collected from customers for shipping and handling costs are included in revenues. Shipping and handling costs are expensed as incurred and are included in operating expenses, as a part of selling, general and administrative expenses. Total shipping and handling expenses were $692,794 and $611,481 for the years ended March 31, 2019 and 2018, respectively. Income Taxes The Company is subject to income taxes on an entity basis on income arising in or derived from the tax jurisdiction in which each entity is domiciled. Jerash Holdings was incorporated in the State of Delaware and is subject to Federal income tax in the United States of America. GTI was incorporated in the BVI and is not subject to income taxes under the current laws of BVI. Treasure Success was registered in Hong Kong and has no operating profit for current tax liabilities. Jerash Garments, Jerash Embroidery, Chinese Garments and Victory Apparel are subject to income tax in Jordan, unless an exemption is granted. The corporate income tax rate is 14% for the industrial sector. In accordance with the Investment Encouragement Law, Jerash Garments' export sales to overseas customers were entitled to a 100% income tax exemption for a period of 10 years commencing at the first day of production. This exemption had been extended for five years until December 31, 2018. of 5%. Jerash Garments and its subsidiaries are subject to local sales tax of 16 The Company accounts for income taxes in accordance with ASC 740, “Income Taxes,” which requires the Company to use the asset and liability method of accounting for income taxes. Under the asset and liability method, deferred income taxes are recognized for the tax consequences of temporary differences by applying enacted statutory tax rates applicable to future years to differences between financial statement carrying amounts and the tax bases of existing assets and liabilities and operating loss and tax credit carry forwards. Under this accounting standard, the effect on deferred income taxes of a change in tax rates is recognized in income in the period that includes the enactment date. A valuation allowance is recognized if it is more likely than not that some portion, or all of, a deferred tax asset will not be realized. Deferred income taxes were immaterial, and accordingly, no deferred tax assets or liabilities were recognized as of March 31, 2019 and 2018. ASC 740 clarifies the accounting for uncertainty in tax positions. This interpretation requires that an entity recognizes in its financial statements the impact of a tax position, if that position is more likely than not of being sustained upon examination, based on the technical merits of the position. Recognized income tax positions are measured at the largest amount that is greater than 50% likely of being realized. Changes in recognition or measurement are reflected in the period in which the change in judgment occurs. The Company has elected to classify interest and penalties related to unrecognized tax benefits, if and when required, as part of income tax expense in the consolidated statements of income and comprehensive income. Jordan income tax returns prior to 2015 are not subject to examination by any applicable tax authorities. No significant uncertainty in tax positions relating to income taxes have been incurred during the years ended March 31, 2019 and 2018. On December 22, 2017, the “Tax Cuts and Jobs Act” (the “Act”) was enacted. Under the provisions of the Act, the U.S. corporate tax rate decreased from 35% to 21%. Additionally, the Tax Act imposes a one-time transition tax on deemed repatriation of historical earnings of foreign subsidiaries, and future foreign earnings are subject to U.S. taxation under the new Global Intangible Low-Taxed Income (GILTI) regime. Please see further discussion regarding the Company’s accounting for the Tax Act in Note 14. Foreign Currency Translation The reporting currency of the Company is the U.S. dollar (“US$”) and the Company uses the Jordanian Dinar (“JOD”) as its functional currency, except Treasure Success, which uses the Hong Kong Dollar (“HKD”) as its functional currency. The assets and liabilities of the Company have been translated into U.S. dollars using the exchange rates in effect at the balance sheet date, equity accounts have been translated at historical rates, and revenue and expenses have been translated into U.S. dollars using average exchange rates in effect during the reporting period. Cash flows are also translated at average translation rates for the periods, therefore, amounts related to assets and liabilities reported on the consolidated statements of cash flows will not necessarily agree with changes in the corresponding balances on the consolidated balance sheets. Translation adjustments arising from the use of different exchange rates from period to period are included as a separate component of accumulated other comprehensive income (loss). Transaction gains and losses that arise from exchange rate fluctuations on transactions denominated in a currency other than the functional currency are included in the results of operations as incurred. The value of JOD against US$ and other currencies may fluctuate and is affected by, among other things, changes in Jordan’s political and economic conditions. Any significant revaluation of JOD may materially affect the Company’s financial condition in terms of US$ reporting. The following table outlines the currency exchange rates that were used in creating the consolidated financial statements in this report: March 31, 2019 March 31, 2018 Period-end spot rate US$1=JOD 0.7090 US$1=JOD 0.7094 US$1=HKD 7.8500 US$1=HKD 7.8490 Average rate US$1=JOD 0.7091 US$1=JOD 0.7092 US$1=HKD 7.8420 US$1=HKD 7.8091 Share-based Compensation The Company measures compensation expense for share-based awards to non-employee contractors and directors based upon the awards’ initial grant-date fair value. The estimated grant-date fair value of the award is recognized as expense over the requisite service period using the straight-line method. The fair value of awards to non-employees is then marked-to-market each reporting period until vesting criteria are met. The Company estimates the fair value of stock options using a Black-Scholes model. This model is affected by the Company's stock price on the date of the grant as well as assumptions regarding a number of highly complex and subjective variables. These variables include the expected term of the option, expected risk-free rates of return, the expected volatility of the Company's common stock, and expected dividend yield, each of which is more fully described below. The assumptions for expected term and expected volatility are the two assumptions that significantly affect the grant date fair value.  Expected Term: the expected term of a warrant is the period of time that the warrant is expected to be outstanding.  Risk-free Interest Rate: the Company bases the risk-free interest rate used in the Black-Scholes model on the implied yield at the grant date of the U.S. Treasury zero-coupon issued with an equivalent term to the share-based award being valued. Where the expected term of a share-based award does not correspond with the term for which a zero-coupon interest rate is quoted, the Company uses the nearest interest rate from the available maturities.  Expected Stock Price Volatility: the Company utilizes comparable public company volatility over the same period of time as the life of the warrant.  Dividend Yield: Until November 2018, the Board of Directors had not declared, and the Company had not yet paid, any dividends. Accordingly, share-based compensation awards granted prior to November 2018 assumed no dividend yield, while any subsequent share-based compensation awards will be valued using the anticipated dividend yield. Earnings per Share The Company computes earnings per share (“EPS”) in accordance with ASC 260, “Earnings per Share” (“ASC 260”). ASC 260 requires companies with complex capital structures to present basic and diluted EPS. Basic EPS is measured as net income divided by the weighted average common shares outstanding for the period. Diluted EPS is similar to basic EPS but presents the dilutive effect on a per share basis of potential common shares (e.g., convertible securities, options and warrants) as if they had been converted at the beginning of the periods presented, or issuance date, if later. Potential common shares that have an anti-dilutive effect (i.e., those that increase income per share or decrease loss per share) are excluded from the calculation of diluted EPS (See Note 11). Comprehensive Income Comprehensive income consists of two components, net income and other comprehensive income (loss). The foreign currency translation gain or loss resulting from translation of the financial statements expressed in JOD or HKD to U.S. dollar is reported in other comprehensive income (loss) in the consolidated statements of income and comprehensive income. Fair Value of Financial Instruments ASC 825-10 requires certain disclosures regarding the fair value of financial instruments. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. A three-level fair value hierarchy prioritizes the inputs used to measure fair value. The hierarchy requires entities to maximize the use of observable inputs and minimize the use of unobservable inputs. The three levels of inputs used to measure fair value are as follows:  Level 1 - Quoted prices in active markets for identical assets and liabilities.  Level 2 - Quoted prices in active markets for similar assets and liabilities, or other inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument.  Level 3 - Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets and liabilities. This includes certain pricing models, discounted cash flow methodologies and similar techniques that use significant unobservable inputs. The Company considers the recorded value of its financial assets and liabilities, which consist primarily of cash, including restricted cash, accounts receivable, other receivables, due from related parties, due from shareholders, accounts payable, accrued expenses, other payables and short-term loan to approximate the fair value of the respective assets and liabilities at March 31, 2019 and 2018 based upon the short-term nature of these assets and liabilities. Concentrations and Credit Risk Credit risk Financial instruments that potentially subject the Company to significant concentrations of credit risk consist primarily of cash. As of March 31, 2019, and 2018, respectively, $7,121,161 and $4,793,527 of the Company’s cash were on deposit at financial institutions in Jordan, where there currently is no rule or regulation requiring such financial institutions to maintain insurance to cover bank deposits in the event of bank failure. As of March 31, 2019, and 2018, respectively, $20,614,581 and $7,400,111 of the Company’s cash was on deposit at financial institutions in Hong Kong, which are insured by the Hong Kong Deposit Protection Board subject to certain limitations. While management believes that these financial institutions are of high credit quality, it also continually monitors their credit worthiness. As of March 31, 2019, and 2018, respectively, $98,726 and $2,472 of the Company’s cash was on deposit in the United States and are insured by the Federal Deposit Insurance Corporation (“FDIC”) up to $250,000. Accounts receivable are typically unsecured and derived from revenue earned from customers, and therefore are exposed to credit risk. The risk is mitigated by the Company's assessment of its customers' creditworthiness and its ongoing monitoring of outstanding balances. Customer and vendor concentration risk Prior to August 2016, substantially all of the Company’s sales were made to end-customers, through its affiliate (see Note 9), that are located primarily in the United States (see Note 12). Thereafter, the Company began selling directly to its customers. The Company’s operating results could be adversely affected by the U.S. government’s policy on exporting business, foreign exchange rate fluctuations, and change of local market conditions. The Company has a concentration of its revenues and purchases with specific customers and suppliers. For the each of the fiscal years ended March 31, 2019 and 2018, one end-customer accounted for 79% of total revenue. Including accounts receivable balances through the Company’s affiliates, as of March 31, 2019, one end-customer accounted for 96% of the total accounts receivable balance. As of March 31, 2018, two end-customers separately accounted for 57% and 22% of the total accounts receivable balance For the fiscal year ended March 31, 2019, the Company purchased approximately 19%, 12% and 11% of its raw materials from three major suppliers. For the fiscal year ended March 31, 2018 the company purchased approximately 43% and 18% of its raw materials from two major suppliers. As of March 31, 2019, accounts payable to three major suppliers separately accounted for 40%, 20% and 14% of the total accounts payable balance. As of March 31, 2018, there was a net prepaid balance to one major supplier totaling $874,591. A loss of any of these customers or suppliers could adversely affect the operating results or cash flows of the Company. Risks and Uncertainties The principal operations of the Company are located in Jordan. Accordingly, the Company’s business, financial condition, and results of operations may be influenced by political, economic, and legal environments in Jordan, as well as by the general state of the Jordanian economy. The Company’s operations in Jordan are subject to special considerations and significant risks not typically associated with companies in North America. These include risks associated with, among others, the political, economic and legal environment and foreign currency exchange. The Company’s results may be adversely affected by changes in the political, regulatory and social conditions in Jordan. Although the Company has not experienced losses from these situations and believes that it is in compliance with existing laws and regulations including its organization and structure disclosed in Note 1, this may not be indicative of future results.

RECENT ACCOUNTING PRONOUNCEMENT

RECENT ACCOUNTING PRONOUNCEMENTS	12 Months Ended
	Mar. 31, 2019
Accounting Changes and Error Corrections [Abstract]
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	NOTE 3 – RECENT ACCOUNTING PRONOUNCEMENTS The Company considers the applicability and impact of all accounting standards updates (“ASUs”). Management periodically reviews new accounting standards that are issued. New Accounting Pronouncements Recently Adopted As disclosed in Note 2 – Summary of Significant Accounting Policies – Revenue Recognition above, the Company adopted ASU 2014-09, Revenue from Contracts with Customers (Topic 606) effective April 1, 2018 using the retrospective transition method. This new accounting standard outlines a single comprehensive model to use in accounting for revenue arising from contracts with customers. This standard supersedes existing revenue recognition requirements and eliminates most industry-specific guidance from U.S. GAAP. The core principle of the new accounting standard is to recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. In addition, the adoption of this new accounting standard resulted in increased disclosure, including qualitative and quantitative disclosures about the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. Adoption of this standard did not result in significant changes to the Company’s accounting policies, business processes, systems or controls, or have a material impact on the Company’s financial position, results of operations and cash flows or related disclosures. As such, prior period financial statements were not recast. On April 1, 2018, we adopted ASU 2016-18, Restricted Cash – A Consensus of the FASB Emerging Issues Task Force, (“ASU 2016-18”), which amends ASC 230, Statement of Cash Flows, to clarify guidance on the classification and presentation of restricted cash in the statement of cash flows using the full retrospective method. Adoption of this standard did not have a material impact on our consolidated financial statements. See our consolidated statements of cash flows for the reconciliation of cash presented in the statements of cash flows to the cash presented on the balance sheet. In May 2017, the FASB issued ASU 2017-09, Compensation - Stock Compensation (Topic 718): Scope of Modification Accounting ("ASU 2017-09"), which amends the scope of modification accounting for share-based payment arrangements such that an entity would not apply modification accounting if the fair value, vesting conditions and classification of the awards are the same immediately before and after the modification. ASU 2017-09 became effective for the Company beginning April 1, 2018 for both interim and annual reporting periods. The adoption of ASU 2017-09 did not have a material impact on the Company's condensed consolidated financial statements. New Accounting Pronouncements Not Yet Adopted In June 2018, the FASB issued ASU 2018-07, Compensation – Stock Compensation, which simplifies the accounting for share-based payments granted to nonemployees for goods and services. Under this ASU, most of the guidance on such payments to nonemployees would be aligned with the requirements for share-based payments granted to employees. This ASU is effective for annual reporting periods beginning after December 15, 2018. Early adoption of this ASU is permitted. The Company does not expect adoption of this ASU to have a material impact on its Consolidated Financial Statements. In February 2016, the FASB issued ASU 2018-20, Leases (Topic 842), to increase transparency and comparability among organizations by recognizing leases assets and lease liabilities on the balance sheet and disclosing key information about lease transactions. This ASU is effective for annual reporting periods beginning after December 15, 2018, including interim reporting periods within those fiscal years. For all other entities, the amendments in this ASU are effective for fiscal years beginning after December 15, 2019, and interim reporting periods within fiscal years beginning after December 15, 2020. Early adoption is permitted. The Company expects to adopt this standard in the first quarter of the fiscal year ending March 31, 2020.

ACCOUNTS RECEIVABLE

ACCOUNTS RECEIVABLE	12 Months Ended
	Mar. 31, 2019
Receivables [Abstract]
Financing Receivables [Text Block]	NOTE 4 – ACCOUNTS RECEIVABLE The Company’s net accounts receivable is as follows: As of As of March 31, 2019 March 31, 2018 Trade accounts receivable $ 4,020,369 $ 5,247,090 Less: allowances for doubtful accounts - - Accounts receivable $ 4,020,369 $ 5,247,090 As of March 31, 2019, and March 31, 2018 the balance of accounts receivable includes $3 and $470,659, respectively, of factored accounts receivable to be received from Hong Kong and Shanghai Banking Corporation (“HSBC”) under the Factoring Agreement (see Note 10).

INVENTORIES

INVENTORIES	12 Months Ended
	Mar. 31, 2019
Inventory Disclosure [Abstract]
Inventory Disclosure [Text Block]	NOTE 5 – INVENTORIES Inventories consisted of the following: As of As of March 31, 2019 March 31, 2018 Raw materials $ 11,601,262 $ 11,497,237 Work-in-progress 1,889,329 2,073,509 Finished goods 7,583,652 6,722,646 Total inventory $ 21,074,243 $ 20,293,392

PROPERTY, PLANT AND EQUIPMENT,

PROPERTY, PLANT AND EQUIPMENT, NET	12 Months Ended
	Mar. 31, 2019
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment Disclosure [Text Block]	NOTE 6 – PROPERTY, PLANT AND EQUIPMENT, NET Property, plant and equipment, net consisted of the following: As of March 31, 2019 As of March 31, 2018 Land $ 61,078 $ 61,048 Property and buildings 432,562 432,347 Equipment and machinery 5,560,265 4,918,270 Office and electric equipment 550,738 505,356 Automobiles 367,332 372,084 Leasehold improvements 1,652,038 1,552,108 Subtotal 8,624,013 7,841,213 Construction in progress 200,042 217,494 Less: Accumulated Depreciation and Amortization (6,467,793 ) (5,238,992 ) Property and Equipment, Net $ 2,356,262 $ 2,819,715 Depreciation and amortization expense was $1,255,820 and $1,216,973 for the fiscal years ended March 31, 2019 and 2018, respectively. The construction in progress account represents costs incurred for constructing a dormitory, which was previously planned to be a sewing workshop. This dormitory is approximately 4,800

EQUITY

EQUITY	12 Months Ended
	Mar. 31, 2019
Equity [Abstract]
Stockholders' Equity Note Disclosure [Text Block]	NOTE 7 – EQUITY Preferred Stock The Company has 500,000 authorized shares of preferred stock with a par value of $0.001 per share, and with none issued and outstanding as of March 31, 2019 and March 31, 2018. The preferred stock can be issued by the Board of Directors of Jerash Holdings in one or more classes or one or more series within any class, and such classes or series shall have such voting powers, full or limited, or no voting powers, and such designations, preferences, rights, qualifications, limitations or restrictions of such rights as the Board of Directors may determine from time to time. Common Stock Prior to September 17, 2018, the Company had 15,000,000 authorized shares of common stock with a par value of $0.001 per share. On September 17, 2018, following approval from its stockholders, the Company filed a certificate of amendment to its certificate of incorporation with the State of Delaware to increase its authorized shares of common stock from 15,000,000 to 30,000,000. The Company had 11,325,000 shares and 9,895,000 shares of common stock outstanding as of March 31, 2019 and March 31, 2018, respectively. Statutory Reserve In accordance with the Corporate Law in Jordan, Jerash Garments, Jerash Embroidery, Chinese Garments and Victory Apparel are required to make appropriations to certain reserve funds, based on net income determined in accordance with generally accepted accounting principles of Jordan. Appropriations to the statutory reserve are required to be 10% of net income until the reserve is equal to 100% of the entity’s share capital. Dividends On November 1, 2018, the Board of Directors of Jerash Holdings declared a cash dividend of $0.05 per share of common stock, payable to shareholders of record at the close of business on November 19, 2018. The dividend, equal to $566,250 in the aggregate, was paid on November 27, 2018. On February 7, 2019, the Board of Directors of Jerash Holdings declared a cash dividend of $0.05 per share of common stock, payable to shareholders of record at the close of business on February 19, 2019. The dividend, equal to $566,250 in the aggregate, was paid on February 27, 2019. Initial Public Offering The registration statement on Form S-1 (File No. 333-222596) for the Company’s initial public offering (the “IPO”) was declared effective on March 14, 2018. On May 2, 2018 the Company issued 1,430,000 shares of common stock at $7.00 per share and received gross proceeds of $10,010,000. The Company incurred underwriting commissions of $477,341, underwriter offering expenses of $250,200 and additional underwriting expenses of $352,159, yielding net proceeds from the IPO of $8,930,300.

SHARE- BASED COMPENSATION

SHARE- BASED COMPENSATION	12 Months Ended
	Mar. 31, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	NOTE 8 – SHARE- BASED COMPENSATION Warrants issued for services From time to time, the Company issues warrants to purchase its common stock. These warrants are valued using a Black-Scholes model and using the volatility, market price, exercise price, risk-free interest rate and dividend yield appropriate at the date the warrants were issued. Simultaneous with the closing of the IPO, the Company issued to the underwriter and its affiliates warrants to purchase 57,200 shares of common stock (“IPO Underwriter Warrants”) at an exercise price of $8.75 per share with an expiration date of May 2, 2023. The shares underlying the IPO Underwriter Warrants were subject to a 180-day lock-up that expired on October 29, 2018. During the year ended March 31, 2019, all of the outstanding warrants were fully vested and exercisable. The fair value of these warrants was estimated as of the grant date using the Black-Scholes model with the following assumptions: Common Stock Warrants March 31, 2019 Expected term (in years) 5.0 Risk-free interest rate (%) 1.8-2.8 % Expected volatility (%) 50.3%-52.2 % Dividend yield (%) 0.0 % Warrant activity is summarized as follows: Shares Weighted Average Exercise Price Warrants outstanding at March 31, 2018 207,210 $ 5.69 Granted 57,200 $ 8.75 Exercised - - Cancelled - - Warrants outstanding at March 31, 2019 264,410 $ 6.35 Stock Options On March 21, 2018 the Board of Directors adopted the Jerash Holdings (US), Inc. 2018 Stock Incentive Plan (the “Plan”), pursuant to which the Company may grant various types of equity awards. 1,484,250 shares of common stock were reserved for issuance under the Plan. On April 9, 2018, the Board of Directors approved the issuance of 989,500 nonqualified stock options under the Plan in accordance with the Plan at an exercise price of $7.00 per share, and a term of five The fair value of these options granted on April 9, 2018 was estimated as of the grant date using the Black-Scholes model with the following assumptions. Stock Options March 31, 2019 Expected term (in years) 5.0 Risk-free interest rate (%) 2.6 % Expected volatility (%) 50.3 % Dividend yield (%) 0.0 % On August 3, 2018, the Board of Directors granted the Company’s Chief Financial Officer and Head of U.S. Operations a total of 150,000 nonqualified stock options under the Plan in accordance with the Plan at an exercise price of $6.12 per share and a term of ten The fair value of the options granted on August 3, 2018 was estimated as of the grant date using the Black-Scholes model with the following assumptions: Stock Options March 31, 2019 Expected term (in years) 10.0 Risk-free interest rate (%) 2.95 % Expected volatility (%) 50.3 % Dividend yield (%) 0.0 % Stock option activity is summarized as follows: Shares Weighted Average Exercise Price Stock options outstanding at March 31, 2018 - - Granted 1,139,500 $ 6.88 Exercised - - Cancelled - - Stock options outstanding at March 31, 2019 1,139,500 $ 6.88 Total expense related to the stock options issued was $3,593,888 for the year ended March 31, 2019. There were $193,955 of unrecognized compensation costs at March 31, 2019 relating to unvested awards.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Mar. 31, 2019
Related Party Transactions [Abstract]
Related Party Transactions Disclosure [Text Block]	NOTE 9 – RELATED PARTY TRANSACTIONS The relationship and the nature of related party transactions are summarized as follow: Name of Related Party Relationship to the Company Nature of Transactions Ford Glory International Limited (“FGIL”) Affiliate, subsidiary of Ford Glory Holdings (“FGH”) Sales / Purchases Lease Value Plus (Macao Commercial Offshore) Limited (“VPMCO”) Affiliate, subsidiary of FGH Purchases Yukwise Limited (“Yukwise”) Wholly owned by our President, Chief Executive Officer and Chairman, a significant stockholder Consulting Services Multi-Glory Corporation Limited (“Multi-Glory”) Wholly owned by a significant stockholder Consulting Services Pursuant to the terms of a sale and purchase agreement between one of the Company’s current individual shareholders and Victory City Investments Limited, the ultimate 51% shareholder of FGIL, dated July 13, 2016 (the “Sale and Purchase Agreement”), and effective since August 1, 2016, all rights, interests and benefits of any contracts that FGIL had at that time with any of the Company’s customers for products manufactured or to be manufactured by the Company, together with the costs and obligations relating to those contracts were transferred to the Company. Thereafter, the Company has been selling directly to its end-customers and no longer through its affiliate, FGIL. Related party balances: a. Accounts receivable – related party: Accounts receivable from related party in connection with the collection of accounts receivable from end-customers on behalf of the Company due to the support arrangement during the transition period as described below (see a. Sales to related party) consisted of the following: As of March 31, 2019 As of March 31, 2018 FGIL $ - $ 50,027 Related party transactions: a. Sales to related party: Pursuant to the Sale and Purchase Agreement, the Company has all rights, interests and benefits of the sales agreements signed with end-customers since August 2016, together with the costs and obligations of those agreements. During the transition period, the Company’s affiliate supported the Company to complete the transition with no additional fees charged. For the year ended March 31, 2019 and March 31, 2018, $0 and $43,997,617 of sales were made with the support from FGIL respectively. Lease from related party On October 3, 2018, Treasure Success and FGIL entered into a lease agreement pursuant to which Treasure Success leases its office space in Hong Kong from FGIL by providing for rent in the amount of HK$119,540 (approximately $15,243) per month and having a one-year term with an option to extend the term for an additional year at the same rent. b. Consulting agreements On January 16, 2018, Treasure Success and Multi-Glory entered into a consulting agreement, pursuant to which Multi-Glory will provide high-level advisory, marketing and sales services to the Company for $300,000 per annum. The agreement renews automatically for one-month terms. The agreement became effective as of January 1, 2018. Total consulting fees under this agreement were $300,000 for the year ended March 31, 2019 and $75,000 for the year ended March 31, 2018. On January 12, 2018, Treasure Success and Yukwise entered into a consulting agreement, pursuant to which Mr. Choi will serve as Chief Executive Officer and provide a high level of advisory and general management services for $300,000 per annum, with automatic renewal for one-month terms. This agreement became effective as of January 1, 2018. Total advisory and management expenses under this agreement were $300,000 for the year ended March 31, 2019 and $75,000 for year ended March 31, 2018. c. Personal Guarantees Borrowings under the Credit Facility, as defined below, with HSBC are collateralized by the personal guarantees by Mr. Choi and Mr. Ng Tsze Lun.

CREDIT FACILITIES

CREDIT FACILITIES	12 Months Ended
	Mar. 31, 2019
Debt Disclosure [Abstract]
Debt Disclosure [Text Block]	NOTE 10 – CREDIT FACILITIES Pursuant to a letter agreement dated May 29, 2017, Treasure Success entered into an $8,000,000 import a $12,000,000 factoring facility for certain debt purchase services related to accounts receivables (the “Factoring Agreement” and, together with the Facility Letter, the “Credit Facilities”). The Credit Facilities are guaranteed by Jerash Holdings, Jerash of $3,000,000. The Credit Facilities provide that drawings under the Credit Facilities are charged interest at the Hong Kong Interbank Offered Rate (“HIBOR”) plus 1.5% for drawings in Hong Kong dollars, and the London Interbank Offered Rate (“LIBOR”) plus 1.5% for drawings in other currencies. In addition, the Credit Facilities also contain certain service charges and other commissions and fees. As of January 22, 2019, the security collateral of $3,000,000 has been released. Under the Factoring Agreement, HSBC also provides credit protection and debt services related to each preapproved customer. For any approved debts or collections assigned to HSBC, HSBC charges a flat fee of 0.35% The Credit Facilities are subject to review at any time, and HSBC has discretion on whether to renew the Facility Letter. Either party may terminate the Factoring Agreement subject to a 30-day notice period. As of March 31, 2019, and March 31, 2018, the Company had made $360,401 and $980,195 in withdrawals, respectively, under the Credit Facilities, which are due within 120 days of each borrowing date or upon demand by HSBC. As of March 31, 2019, $85,421 was outstanding under the Factoring Agreement and $274,980 outstanding under the Facility Letter. On January 31, 2019, Standard Chartered Bank (Hong Kong) Limited (“SCBHK”) offered to provide an import facility of up to $3.0 million to Treasure Success pursuant to a facility letter, dated June 15, 2018. Pursuant to the agreement, SCBHK agreed to finance import invoice financing and pre-shipment financing of export orders up to an aggregate of $3.0 million. The SCBHK facility bears interest at 1.3% per annum over SCBHK’s cost of funds. As of March 31, 2019, the Company had an outstanding amount of $288,310 in import invoice financing.

EARNINGS PER SHARE

EARNINGS PER SHARE	12 Months Ended
	Mar. 31, 2019
Earnings Per Share [Abstract]
Earnings Per Share [Text Block]	NOTE 11 – EARNINGS PER SHARE The following table sets forth the computation of basic and diluted earnings per share for the fiscal years ended March 31, 2019 and 2018. 57,200 IPO Underwriter Warrants were anti-dilutive for the year ended March 31, 2019 and excluded from the EPS calculation. Year Ended March 31, (in $000s except share and per share information) 2019 2018 Numerator: 　 　 Net income attributable to Jerash Holdings (US), Inc.'s Common Shareholders $ 5,112 $ 10,410 　 　 Denominator: 　 　 Denominator for basic earnings per share (weighted-average shares) 11,199,630 9,735,651 Dilutive securities – unexercised warrants and options 130,680 - Denominator for diluted earnings per share (adjusted weighted-average shares) 11,330,310 9,735,651 Basic earnings per share $ 0.46 $ 1.07 　 　 Diluted earnings per share $ 0.45 $ 1.07

SEGMENT REPORTING

SEGMENT REPORTING	12 Months Ended
	Mar. 31, 2019
Segment Reporting [Abstract]
Segment Reporting Disclosure [Text Block]	NOTE 12 – SEGMENT REPORTING ASC 280, “Segment Reporting,” establishes standards for reporting information about operating segments on a basis consistent with the Company's internal organizational structure as well as information about geographical areas, business segments and major customers in financial statements for details on the Company's business segments. The Company uses the “management approach” in determining reportable operating segments. The management approach considers the internal organization and reporting used by the Company’s chief operating decision maker for making operating decisions and assessing performance as the source for determining the Company’s reportable segments. Management, including the chief operating decision maker, reviews operation results by the revenue of the Company’s products. The Company’s major product is outerwear. For the years ended March 31, 2019 and 2018, outerwear accounted for approximately 88.3% and 89.5% of total revenue. Based on management's assessment, the Company has determined that it has only one operating segment as defined by ASC 280. The following table summarizes sales by geographic areas for the years ended March 31, 2019 and 2018, respectively. For the years ended March 31, 2019 March 31, 2018 United States $ 70,092,992 $ 61,238,605 Jordan 13,693,020 7,267,732 Other countries 1,197,649 789,361 Total $ 84,983,661 $ 69,295,698 All long-lived assets were located in Jordan as of March 31, 2019 and 2018.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Mar. 31, 2019
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	NOTE 13 – COMMITMENTS AND CONTINGENCIES Rent Commitment The Company leases four manufacturing facilities under operating leases. Operating lease expense amounted to $1,528,500 and $1,274,606 for the years ended March 31, 2019 and 2018, respectively. Future minimum lease payments under non-cancelable operating leases are as follows: Twelve months ended March 31, 2020 $ 867,837 2021 242,836 2022 220,657 2023 and thereafter 176,300 Total $ 1,507,630 The Company has thirty operating leases for its facilities that require monthly payments ranging between $247 and $15,303. Twenty-five operating leases are renewable on an annual basis. In addition, in connection with a transaction accounted for as an asset purchase, as further described in Footnote 15 - Subsequent Events of the financial statements, the Company entered into a lease for the primary factory facility and housing accommodations and expects to lease the satellite facility space. Contingencies From time to time, the Company is a party to various legal actions arising in the ordinary course of business. The Company accrues costs associated with these matters when they become probable and the amount can be reasonably estimated. Legal costs incurred in connection with loss contingencies are expensed as incurred. The Company’s management does not expect any liability from the disposition of such claims and litigation individually or in the aggregate to have a material adverse impact on the Company’s consolidated financial position, results of operations and cash flows.

INCOME TAX

INCOME TAX	12 Months Ended
	Mar. 31, 2019
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	NOTE 14 – INCOME TAX As of March 31, 2019 As of March 31, 2018 Corporate income tax payable $ 2,567,325 $ 1,400,000 Jerash Garments, Jerash Embroidery, Chinese Garments and Victory Apparel are subject to the regulations of the Income Tax Department in Jordan. The corporate income tax rate is 14% for the industrial sector. In accordance with the Investment Encouragement Law, Jerash Garments' export sales to overseas customers were entitled to a 100% income tax exemption for a period of 10 years commencing at the first day of production. This exemption had been extended for 5 years until December 31, 2018. Effective January 1, 2019, the Hashemite Kingdom of Jordan government has changed some features of Jerash Garments and its subsidiaries area 5%. The effect of the tax exemption on the Company’s 2019 fiscal results is a tax savings of approximately $1,623,717, or $0.14 per share. On December 22, 2017, the U.S. government enacted comprehensive tax legislation commonly referred to as the Tax Cuts and Jobs Act (the “Tax Act”). Under the provisions of the Tax Act, the U.S. corporate tax rate decreased from 35% to 21%. The Tax Act imposes a one-time transition tax on deemed repatriation of historical earnings of foreign subsidiaries, and future foreign earnings are subject to U.S. taxation. While ASC 740, Income Taxes, requires companies to recognize the effect of tax law changes in the period of enactment, the SEC staff issued Staff Accounting Bulletin 118, which allows companies to record provisional amounts during a measurement period that is similar to the measurement period used when accounting for business combinations. The Company recorded reasonable estimates when possible during the third quarter of the 2018 fiscal year, with the understanding that provisional amounts would be finalized during the measurement period. The Company has completed its accounting for the provisions of the Tax Act as follows: A. Transition tax: The Company recorded a provisional amount of $1.4 million in fiscal 2018 related to the transition tax for all of its foreign subsidiaries, resulting in an increase in income tax expense of approximately $1.4 million for the year ended March 31, 2018. The income tax payable attributable to the transition tax is due over an 8-year period and began in 2018. During the third $1.7 $0.3 million, which had an impact on our effective income tax rate of approximately 4%. B. During the 2019 fiscal year, the Company made a policy election with respect to the new global intangible low-taxed income (“GILTI”) to account for taxes on GILTI as incurred. The provision for income taxes for the Company’s 2019 and 2018 fiscal years consists of the following: 3/31/2019 3/31/2018 Domestic and foreign components of income (loss) before income taxes are as follows: Domestic $ (5,205,168 ) $ (594,594 ) Foreign 11,577,544 12,397,873 Total $ 6,372,376 $ 11,803,279 The provision (benefit) for income taxes consists of: Current tax: U.S. federal $ 1,302,022 $ 1,400,000 U.S. state and local 40 - Foreign 40,260 - Total Current Tax 1,342,322 1,400,000 Deferred tax: U.S. federal (81,461 ) - U.S. state and local - - Foreign - - Total deferred tax (81,461 ) - Total tax $ 1,260,861 $ 1,400,000 Effective tax rates 19.8 % 11.9 % A reconciliation of the effective tax rate is as follows: 3/31/2019 3/31/2018 Tax at statutory rate $ 1,338,199 $ 3,723,692 State tax, net of federal benefit 40 - Non-deductible expenses 692,749 36,778 Transition tax - 1,400,000 Global Intangible Low-Taxed Income 1,381,950 - Tax Credits (31,307 ) - Foreign tax rate differential (2,391,024 ) (3,760,470 ) Provision to return adjustments 270,254 - Total $ 1,260,861 $ 1,400,000 The Company’s deferred tax assets and liabilities at March 31, 2019 and March 3 onsist of the following: Assets 3/31/2019 3/31/2018 Stock based compensation $ 81,461 $ - Deferred tax assets, net $ 81,461 $ - As of March 31, 2019, the Company has cumulative book-tax basis differences in its foreign subsidiaries of approximately $20.2 million. The Company has not recorded a U.S. deferred tax liability for the book-tax basis in its foreign subsidiaries as these amounts continue to be indefinitely reinvested in foreign operations. The reversal of this temporary difference would occur upon the sale or liquidation of the Company’s foreign subsidiaries, and the estimated impact of the reversal of this temporary difference is approximately $4.2 million. The Company files income tax returns in the U.S. federal jurisdiction, and various states and foreign jurisdictions. With few exceptions, the Company is no longer subject to U.S. federal, state and local, or non-U.S. income tax examinations by tax authorities for years prior to December 31, 2016. At March 31, 2019, the Company believes it has adequately provided for its tax-related liabilities, and that no reserve for unrecognized tax benefits is necessary. No significant change in the total amount of unrecognized tax benefits is expected within the next twelve months. The Company recognizes accrued interest and penalties related to unrecognized tax benefits (if any) in tax expense, as applicable. At March 31, 2019, the Company had no accrual for the payment of interest and penalties.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Mar. 31, 2019
Subsequent Events [Abstract]
Subsequent Events [Text Block]	NOTE 15 – SUBSEQUENT EVENTS On May 17, 2019, our Board of Directors approved the payment of a dividend of $0.05 per share payable on June 5, 2019 to shareholders of record on May 28, 2019. On June 18, 2019, the Company closed on a transaction whereby it acquired all of the outstanding shares of Al-Mutafaweq Co. for Garments Manufacturing Ltd. (“Paramount”), a contract garment manufacturer based in Amman, Jordan pursuant to an agreement between Jerash Garments and the shareholder of Paramount dated December 11, 2018. As a result, Paramount became a subsidiary of Jerash Garments, and the Company assumed ownership of all of the machinery and equipment owned by Paramount. Paramount had no other significant assets or liabilities and no operating activities or employees as the time of this acquisition, so this transaction was accounted for as an asset acquisition. $380,000 was prepaid to Paramount as an acquisition deposit as of March 31, 2019, and $600,000 was paid subsequently at the closing of this transaction.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Mar. 31, 2019
Accounting Policies [Abstract]
Basis Of Presentation And Principles Of Consolidation [Policy Text Block]	Basis of Presentation and Principles of Consolidation The Company’s consolidated financial statements are prepared in accordance with generally accepted accounting principles in the United States of America (“U.S. GAAP”). The consolidated financial statements include the financial statements of Jerash Holdings and its subsidiaries and VIE. All significant intercompany balances and transactions have been eliminated in consolidation. In accordance with accounting standards regarding the consolidation of variable interest entities, VIEs are generally entities that lack sufficient equity to finance their activities without additional financial support from other parties or whose equity holders lack adequate decision-making ability. All VIEs with which the Company is involved must be evaluated to determine the primary beneficiary of the risks and rewards of the VIEs. The primary beneficiary is required to consolidate the VIE for financial reporting purposes. As described in Note 1, management of the Company has concluded that Victory Apparel is a VIE, and that Jerash Garments is considered the primary beneficiary because it absorbs the risks and rewards of Victory Apparel; therefore, Jerash Holdings consolidates Victory Apparel for financial reporting purposes. Noncontrolling interests result from the consolidation of Victory Apparel, which is 100% owned by WCL. The following table sets forth the carrying amounts of the assets and liabilities of the VIE, Victory Apparel, which was included in the Company’s consolidated balance sheets: March 31, 2019 March 31, 2018 Current assets $ 1,316 $ 2,069 Intercompany receivables* 307,687 311,527 Total assets 309,003 313,596 Third party current liabilities - (3,992 ) Total liabilities - (3,992 ) Net assets $ 309,003 $ 309,604 * Receivables from Jerash Garments are eliminated upon consolidation. Victory Apparel did not generate any income but incurred certain expenses for both years ended March 31, 2019 and 2018. The loss was $754 and $6,838 for the fiscal years ended March 31, 2019 and 2018, respectively.
Use of Estimates, Policy [Policy Text Block]	Use of Estimates The preparation of the consolidated financial statements, in conformity with U.S. GAAP, requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. The Company’s most significant estimates include allowance for doubtful accounts, valuation of inventory reserve and useful lives of buildings and other property. Actual results could differ from these estimates.
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash The Company considers all highly liquid investment instruments with an original maturity of three months or less from the original date of purchase to be cash equivalents. As of March 31, 2019, and 2018, the Company had no cash equivalents.
Cash and Cash Equivalents, Restricted Cash and Cash Equivalents, Policy [Policy Text Block]	Restricted Cash Restricted cash consists of cash used as security deposits to obtain credit facilities from a bank and to secure customs clearance under the requirements of local regulations. The Company is required to keep certain amounts on deposit that are subject to withdrawal restrictions. These security deposits at the bank are refundable only when the bank facilities are terminated. The restricted cash is classified as a non-current asset since the Company has no intention to terminate these bank facilities within one year.
Trade and Other Accounts Receivable, Policy [Policy Text Block]	Accounts Receivable Accounts receivable are recognized and carried at original invoiced amount less an estimated allowance for uncollectible accounts. The Company usually grants credit to customers with good credit standing for a maximum of 90 days and determines the adequacy of reserves for doubtful accounts based on individual account analysis and historical collection trends. The Company establishes a provision for doubtful receivables when there is objective evidence that the Company may not be able to collect amounts due. The allowance is based on management's best estimates of specific losses on individual exposures, as well as a provision on historical trends of collections. The provision is recorded against accounts receivables balances, with a corresponding charge recorded in the consolidated statements of income and comprehensive income. Actual amounts received may differ from management's estimate of credit worthiness and the economic environment. Delinquent account balances are written off against the allowance for doubtful accounts after management has determined that the likelihood of collection is not probable. No allowance was considered necessary as of March 31, 2019 and 2018.
Inventory, Policy [Policy Text Block]	Inventories Inventories are stated at the lower of cost or net realizable value. Inventories include cost of raw materials, freight, direct labor and related production overhead. The cost of inventories is determined using the First in, First-out (“FIFO”) method. The Company periodically reviews its inventories for excess or slow-moving items and makes provisions as necessary to properly reflect inventory value.
Property, Plant and Equipment, Policy [Policy Text Block]	Property, Plant and Equipment Property, plant and equipment are recorded at cost, reduced by accumulated depreciation and amortization. Depreciation and amortization expense related to property, plant and equipment is computed using the straight-line method based on estimated useful lives of the assets, or in the case of leasehold improvements, the shorter of the initial lease term or the estimated useful life of the improvements. The useful life and depreciation method are reviewed periodically to ensure that the method and period of depreciation are consistent with the expected pattern of economic benefits from items of property, plant and equipment. The estimated useful lives of depreciation and amortization of the principal classes of assets are as follows: Useful life Land Infinite Property and buildings 15 Equipment and machinery 3 5 Office and electronic equipment 3 5 Automobiles 5 Leasehold improvements Lesser of useful life and lease term Expenditures for maintenance and repairs, which do not materially extend the useful lives of the assets, are charged to expense as incurred. Expenditures for major renewals and betterments which substantially extend the useful life of assets are capitalized. The cost and related accumulated depreciation or amortization of assets retired or sold are removed from the respective accounts, and any gain or loss is recognized in the consolidated statements of income and comprehensive income.
Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block]	Impairment of Long-Lived Assets The Company assesses its long-lived assets, including property and equipment, for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset group may not be recoverable. Factors which may indicate potential impairment include a significant underperformance relative to the historical or projected future operating results or a significant negative industry or economic trend. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to the future undiscounted cash flows expected to be generated by that asset. If impairment is indicated, a loss is recognized for any excess of the carrying value over the estimated fair value of the asset. The fair value is estimated based on the discounted future cash flows or comparable market values, if available. The Company did not record any impairment loss during the years ended March 31, 2019 and 2018.
Revenue From Customer [Policy Text Block]	Revenue Recognition The Company adopted ASC 606 in the first quarter of fiscal year 2019 using the modified retrospective approach. ASC 606, Revenue from Contracts with Customers, establishes principles for reporting information about the nature, amount, timing and uncertainty of revenue and cash flows arising from the entity's contracts to provide goods or services to customers. The core principle requires an entity to recognize revenue to depict the transfer of goods or services to customers in an amount that reflects the consideration that it expects to be entitled to receive in exchange for those goods or services recognized as performance obligations are satisfied. The Company has assessed the impact of the guidance by reviewing its existing customer contracts and current accounting policies and practices to identify differences that could result from applying the new requirements, including the evaluation of its performance obligations, transaction price, customer payments, transfer of control and principal versus agent considerations. Based on the assessment, the Company concluded that there was no change to the timing and pattern of revenue recognition for its current revenue streams in scope of Topic 606 and therefore there was no material change to the Company’s consolidated financial statements upon adoption of ASC 606. The table below presents the impact of applying the new revenue recognition standard to the components of total revenue within the consolidated statement of income and comprehensive income for the year ended March 31, 2019. The Company evaluated its revenue recognition policy for all revenue streams within the scope of the ASU under previous standards and using the five-step model under the new guidance and concluded that there was no difference in the pattern of revenue recognition: Year Ended March 31, 2019 As reported Financial Results prior to Adoption of Revenue Recognition Standard Impact of Adoption of Revenue Recognition Standard Revenue: $ 84,983,661 $ 84,983,661 $ - Substantially all of the Company’s revenue is derived from product sales, which consist of sales of the Company’s customized ready-made outerwear for large brand-name retailers. The Company considers purchase orders to be a contract with a customer. Contracts with customers are considered to be short-term when the time between order confirmation and satisfaction of the performance obligations is equal to or less than one year, and virtually all of the Company’s contracts are short-term. The Company recognizes revenue for the transfer of promised goods to customers in an amount that reflects the consideration to which the Company expects to be entitled in exchange for those goods. The Company typically satisfies its performance obligations in contracts with customers upon shipment of the goods. Generally, payment is due from customers within 30 to 60 days of the invoice date, and the contracts do not have significant financing components. Shipping and handling costs associated with outbound freight are not an obligation of the Company. All of the Company’s contracts have a single performance obligation satisfied at a point in time and the transaction price is stated in the contract, usually as a price per unit. All estimates are based on the Company's historical experience, complete satisfaction of the performance obligation, and the Company's best judgment at the time the estimate is made. The contract assets are recorded on the Consolidated Balance Sheet as accounts receivable as of March 31, 2019 and March 31, 2018, respectively. For the year ended March 31, 2019 and 2018, there was no revenue recognized from performance obligations related to prior periods. As of March 31, 2019, there was no revenue expected to be recognized in any future periods related to remaining performance obligations. The Company has one revenue generating reportable geographic segment under ASC Topic 280 “Segment Reporting” and derives its sales primarily from its sales of customized ready-made outerwear. The Company believes disaggregation of revenue by geographic region best depicts the nature, amount, timing, and uncertainty of its revenue and cash flows (see Note 12).
Shipping and Handling, Policy [Policy Text Block]	Shipping and Handling Proceeds collected from customers for shipping and handling costs are included in revenues. Shipping and handling costs are expensed as incurred and are included in operating expenses, as a part of selling, general and administrative expenses. Total shipping and handling expenses were $692,794 and $611,481 for the years ended March 31, 2019 and 2018, respectively.
Income Tax, Policy [Policy Text Block]	Income Taxes The Company is subject to income taxes on an entity basis on income arising in or derived from the tax jurisdiction in which each entity is domiciled. Jerash Holdings was incorporated in the State of Delaware and is subject to Federal income tax in the United States of America. GTI was incorporated in the BVI and is not subject to income taxes under the current laws of BVI. Treasure Success was registered in Hong Kong and has no operating profit for current tax liabilities. Jerash Garments, Jerash Embroidery, Chinese Garments and Victory Apparel are subject to income tax in Jordan, unless an exemption is granted. The corporate income tax rate is 14% for the industrial sector. In accordance with the Investment Encouragement Law, Jerash Garments' export sales to overseas customers were entitled to a 100% income tax exemption for a period of 10 years commencing at the first day of production. This exemption had been extended for five years until December 31, 2018. of 5%. Jerash Garments and its subsidiaries are subject to local sales tax of 16 The Company accounts for income taxes in accordance with ASC 740, “Income Taxes,” which requires the Company to use the asset and liability method of accounting for income taxes. Under the asset and liability method, deferred income taxes are recognized for the tax consequences of temporary differences by applying enacted statutory tax rates applicable to future years to differences between financial statement carrying amounts and the tax bases of existing assets and liabilities and operating loss and tax credit carry forwards. Under this accounting standard, the effect on deferred income taxes of a change in tax rates is recognized in income in the period that includes the enactment date. A valuation allowance is recognized if it is more likely than not that some portion, or all of, a deferred tax asset will not be realized. Deferred income taxes were immaterial, and accordingly, no deferred tax assets or liabilities were recognized as of March 31, 2019 and 2018. ASC 740 clarifies the accounting for uncertainty in tax positions. This interpretation requires that an entity recognizes in its financial statements the impact of a tax position, if that position is more likely than not of being sustained upon examination, based on the technical merits of the position. Recognized income tax positions are measured at the largest amount that is greater than 50% likely of being realized. Changes in recognition or measurement are reflected in the period in which the change in judgment occurs. The Company has elected to classify interest and penalties related to unrecognized tax benefits, if and when required, as part of income tax expense in the consolidated statements of income and comprehensive income. Jordan income tax returns prior to 2015 are not subject to examination by any applicable tax authorities. No significant uncertainty in tax positions relating to income taxes have been incurred during the years ended March 31, 2019 and 2018. On December 22, 2017, the “Tax Cuts and Jobs Act” (the “Act”) was enacted. Under the provisions of the Act, the U.S. corporate tax rate decreased from 35% to 21%. Additionally, the Tax Act imposes a one-time transition tax on deemed repatriation of historical earnings of foreign subsidiaries, and future foreign earnings are subject to U.S. taxation under the new Global Intangible Low-Taxed Income (GILTI) regime. Please see further discussion regarding the Company’s accounting for the Tax Act in Note 14.
Foreign Currency Transactions and Translations Policy [Policy Text Block]	Foreign Currency Translation The reporting currency of the Company is the U.S. dollar (“US$”) and the Company uses the Jordanian Dinar (“JOD”) as its functional currency, except Treasure Success, which uses the Hong Kong Dollar (“HKD”) as its functional currency. The assets and liabilities of the Company have been translated into U.S. dollars using the exchange rates in effect at the balance sheet date, equity accounts have been translated at historical rates, and revenue and expenses have been translated into U.S. dollars using average exchange rates in effect during the reporting period. Cash flows are also translated at average translation rates for the periods, therefore, amounts related to assets and liabilities reported on the consolidated statements of cash flows will not necessarily agree with changes in the corresponding balances on the consolidated balance sheets. Translation adjustments arising from the use of different exchange rates from period to period are included as a separate component of accumulated other comprehensive income (loss). Transaction gains and losses that arise from exchange rate fluctuations on transactions denominated in a currency other than the functional currency are included in the results of operations as incurred. The value of JOD against US$ and other currencies may fluctuate and is affected by, among other things, changes in Jordan’s political and economic conditions. Any significant revaluation of JOD may materially affect the Company’s financial condition in terms of US$ reporting. The following table outlines the currency exchange rates that were used in creating the consolidated financial statements in this report: March 31, 2019 March 31, 2018 Period-end spot rate US$1=JOD 0.7090 US$1=JOD 0.7094 US$1=HKD 7.8500 US$1=HKD 7.8490 Average rate US$1=JOD 0.7091 US$1=JOD 0.7092 US$1=HKD 7.8420 US$1=HKD 7.8091
Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]	Share-based Compensation The Company measures compensation expense for share-based awards to non-employee contractors and directors based upon the awards’ initial grant-date fair value. The estimated grant-date fair value of the award is recognized as expense over the requisite service period using the straight-line method. The fair value of awards to non-employees is then marked-to-market each reporting period until vesting criteria are met. The Company estimates the fair value of stock options using a Black-Scholes model. This model is affected by the Company's stock price on the date of the grant as well as assumptions regarding a number of highly complex and subjective variables. These variables include the expected term of the option, expected risk-free rates of return, the expected volatility of the Company's common stock, and expected dividend yield, each of which is more fully described below. The assumptions for expected term and expected volatility are the two assumptions that significantly affect the grant date fair value.  Expected Term: the expected term of a warrant is the period of time that the warrant is expected to be outstanding.  Risk-free Interest Rate: the Company bases the risk-free interest rate used in the Black-Scholes model on the implied yield at the grant date of the U.S. Treasury zero-coupon issued with an equivalent term to the share-based award being valued. Where the expected term of a share-based award does not correspond with the term for which a zero-coupon interest rate is quoted, the Company uses the nearest interest rate from the available maturities.  Expected Stock Price Volatility: the Company utilizes comparable public company volatility over the same period of time as the life of the warrant.  Dividend Yield: Until November 2018, the Board of Directors had not declared, and the Company had not yet paid, any dividends. Accordingly, share-based compensation awards granted prior to November 2018 assumed no dividend yield, while any subsequent share-based compensation awards will be valued using the anticipated dividend yield.
Earnings Per Share, Policy [Policy Text Block]	Earnings per Share The Company computes earnings per share (“EPS”) in accordance with ASC 260, “Earnings per Share” (“ASC 260”). ASC 260 requires companies with complex capital structures to present basic and diluted EPS. Basic EPS is measured as net income divided by the weighted average common shares outstanding for the period. Diluted EPS is similar to basic EPS but presents the dilutive effect on a per share basis of potential common shares (e.g., convertible securities, options and warrants) as if they had been converted at the beginning of the periods presented, or issuance date, if later. Potential common shares that have an anti-dilutive effect (i.e., those that increase income per share or decrease loss per share) are excluded from the calculation of diluted EPS (See Note 11).
Comprehensive Income, Policy [Policy Text Block]	Comprehensive Income Comprehensive income consists of two components, net income and other comprehensive income (loss). The foreign currency translation gain or loss resulting from translation of the financial statements expressed in JOD or HKD to U.S. dollar is reported in other comprehensive income (loss) in the consolidated statements of income and comprehensive income.
Fair Value of Financial Instruments, Policy [Policy Text Block]	Fair Value of Financial Instruments ASC 825-10 requires certain disclosures regarding the fair value of financial instruments. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. A three-level fair value hierarchy prioritizes the inputs used to measure fair value. The hierarchy requires entities to maximize the use of observable inputs and minimize the use of unobservable inputs. The three levels of inputs used to measure fair value are as follows:  Level 1 - Quoted prices in active markets for identical assets and liabilities.  Level 2 - Quoted prices in active markets for similar assets and liabilities, or other inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument.  Level 3 - Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets and liabilities. This includes certain pricing models, discounted cash flow methodologies and similar techniques that use significant unobservable inputs. The Company considers the recorded value of its financial assets and liabilities, which consist primarily of cash, including restricted cash, accounts receivable, other receivables, due from related parties, due from shareholders, accounts payable, accrued expenses, other payables and short-term loan to approximate the fair value of the respective assets and liabilities at March 31, 2019 and 2018 based upon the short-term nature of these assets and liabilities.
Concentration Risk, Credit Risk, Policy [Policy Text Block]	Concentrations and Credit Risk Credit risk Financial instruments that potentially subject the Company to significant concentrations of credit risk consist primarily of cash. As of March 31, 2019, and 2018, respectively, $7,121,161 and $4,793,527 of the Company’s cash were on deposit at financial institutions in Jordan, where there currently is no rule or regulation requiring such financial institutions to maintain insurance to cover bank deposits in the event of bank failure. As of March 31, 2019, and 2018, respectively, $20,614,581 and $7,400,111 of the Company’s cash was on deposit at financial institutions in Hong Kong, which are insured by the Hong Kong Deposit Protection Board subject to certain limitations. While management believes that these financial institutions are of high credit quality, it also continually monitors their credit worthiness. As of March 31, 2019, and 2018, respectively, $98,726 and $2,472 of the Company’s cash was on deposit in the United States and are insured by the Federal Deposit Insurance Corporation (“FDIC”) up to $250,000. Accounts receivable are typically unsecured and derived from revenue earned from customers, and therefore are exposed to credit risk. The risk is mitigated by the Company's assessment of its customers' creditworthiness and its ongoing monitoring of outstanding balances. Customer and vendor concentration risk Prior to August 2016, substantially all of the Company’s sales were made to end-customers, through its affiliate (see Note 9), that are located primarily in the United States (see Note 12). Thereafter, the Company began selling directly to its customers. The Company’s operating results could be adversely affected by the U.S. government’s policy on exporting business, foreign exchange rate fluctuations, and change of local market conditions. The Company has a concentration of its revenues and purchases with specific customers and suppliers. For the each of the fiscal years ended March 31, 2019 and 2018, one end-customer accounted for 79% of total revenue. Including accounts receivable balances through the Company’s affiliates, as of March 31, 2019, one end-customer accounted for 96% of the total accounts receivable balance. As of March 31, 2018, two end-customers separately accounted for 57% and 22% of the total accounts receivable balance For the fiscal year ended March 31, 2019, the Company purchased approximately 19%, 12% and 11% of its raw materials from three major suppliers. For the fiscal year ended March 31, 2018 the company purchased approximately 43% and 18% of its raw materials from two major suppliers. As of March 31, 2019, accounts payable to three major suppliers separately accounted for 40%, 20% and 14% of the total accounts payable balance. As of March 31, 2018, there was a net prepaid balance to one major supplier totaling $874,591. A loss of any of these customers or suppliers could adversely affect the operating results or cash flows of the Company.
Risks and Uncertainties [Policy Text Block]	Risks and Uncertainties The principal operations of the Company are located in Jordan. Accordingly, the Company’s business, financial condition, and results of operations may be influenced by political, economic, and legal environments in Jordan, as well as by the general state of the Jordanian economy. The Company’s operations in Jordan are subject to special considerations and significant risks not typically associated with companies in North America. These include risks associated with, among others, the political, economic and legal environment and foreign currency exchange. The Company’s results may be adversely affected by changes in the political, regulatory and social conditions in Jordan. Although the Company has not experienced losses from these situations and believes that it is in compliance with existing laws and regulations including its organization and structure disclosed in Note 1, this may not be indicative of future results.

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Mar. 31, 2019
Accounting Policies [Abstract]
Schedule of Variable Interest Entities [Table Text Block]	The following table sets forth the carrying amounts of the assets and liabilities of the VIE, Victory Apparel, which was included in the Company’s consolidated balance sheets: March 31, 2019 March 31, 2018 Current assets $ 1,316 $ 2,069 Intercompany receivables* 307,687 311,527 Total assets 309,003 313,596 Third party current liabilities - (3,992 ) Total liabilities - (3,992 ) Net assets $ 309,003 $ 309,604 * Receivables from Jerash Garments are eliminated upon consolidation.
Schedule of Depreciation and Amortization Expense Related to Property, Plant and Equipment [Table Text Block]	The estimated useful lives of depreciation and amortization of the principal classes of assets are as follows: Useful life Land Infinite Property and buildings 15 Equipment and machinery 3 5 Office and electronic equipment 3 5 Automobiles 5 Leasehold improvements Lesser of useful life and lease term
Revenue Recognition, Milestone Method [Table Text Block]	Year Ended March 31, 2019 As reported Financial Results prior to Adoption of Revenue Recognition Standard Impact of Adoption of Revenue Recognition Standard Revenue: $ 84,983,661 $ 84,983,661 $ -
Schedule of Differences between Reported Amount and Reporting Currency Denominated Amount [Table Text Block]	The following table outlines the currency exchange rates that were used in creating the consolidated financial statements in this report: March 31, 2019 March 31, 2018 Period-end spot rate US$1=JOD 0.7090 US$1=JOD 0.7094 US$1=HKD 7.8500 US$1=HKD 7.8490 Average rate US$1=JOD 0.7091 US$1=JOD 0.7092 US$1=HKD 7.8420 US$1=HKD 7.8091

ACCOUNTS RECEIVABLE (Tables)

ACCOUNTS RECEIVABLE (Tables)	12 Months Ended
	Mar. 31, 2019
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	The Company’s net accounts receivable is as follows: As of As of March 31, 2019 March 31, 2018 Trade accounts receivable $ 4,020,369 $ 5,247,090 Less: allowances for doubtful accounts - - Accounts receivable $ 4,020,369 $ 5,247,090

INVENTORIES (Tables)

INVENTORIES (Tables)	12 Months Ended
	Mar. 31, 2019
Inventory Disclosure [Abstract]
Schedule of Inventory, Current [Table Text Block]	Inventories consisted of the following: As of As of March 31, 2019 March 31, 2018 Raw materials $ 11,601,262 $ 11,497,237 Work-in-progress 1,889,329 2,073,509 Finished goods 7,583,652 6,722,646 Total inventory $ 21,074,243 $ 20,293,392

PROPERTY, PLANT AND EQUIPMENT_2

PROPERTY, PLANT AND EQUIPMENT, NET (Tables)	12 Months Ended
	Mar. 31, 2019
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment [Table Text Block]	Property, plant and equipment, net consisted of the following: As of March 31, 2019 As of March 31, 2018 Land $ 61,078 $ 61,048 Property and buildings 432,562 432,347 Equipment and machinery 5,560,265 4,918,270 Office and electric equipment 550,738 505,356 Automobiles 367,332 372,084 Leasehold improvements 1,652,038 1,552,108 Subtotal 8,624,013 7,841,213 Construction in progress 200,042 217,494 Less: Accumulated Depreciation and Amortization (6,467,793 ) (5,238,992 ) Property and Equipment, Net $ 2,356,262 $ 2,819,715

SHARE- BASED COMPENSATION (Tabl

SHARE- BASED COMPENSATION (Tables)	12 Months Ended
	Mar. 31, 2019
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]	The fair value of these warrants was estimated as of the grant date using the Black-Scholes model with the following assumptions: Common Stock Warrants March 31, 2019 Expected term (in years) 5.0 Risk-free interest rate (%) 1.8-2.8 % Expected volatility (%) 50.3%-52.2 % Dividend yield (%) 0.0 %
Share-based Compensation, Activity [Table Text Block]	Warrant activity is summarized as follows: Shares Weighted Average Exercise Price Warrants outstanding at March 31, 2018 207,210 $ 5.69 Granted 57,200 $ 8.75 Exercised - - Cancelled - - Warrants outstanding at March 31, 2019 264,410 $ 6.35
Schedule of Share-based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions [Table Text Block]	The fair value of these options granted on April 9, 2018 was estimated as of the grant date using the Black-Scholes model with the following assumptions. Stock Options March 31, 2019 Expected term (in years) 5.0 Risk-free interest rate (%) 2.6 % Expected volatility (%) 50.3 % Dividend yield (%) 0.0 %
Share-based Compensation, Stock Options, Activity [Table Text Block]	Stock option activity is summarized as follows: Shares Weighted Average Exercise Price Stock options outstanding at March 31, 2018 - - Granted 1,139,500 $ 6.88 Exercised - - Cancelled - - Stock options outstanding at March 31, 2019 1,139,500 $ 6.88
Nonqualified Stock Options [Member]
Schedule of Share-based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions [Table Text Block]	The fair value of the options granted on August 3, 2018 was estimated as of the grant date using the Black-Scholes model with the following assumptions: Stock Options March 31, 2019 Expected term (in years) 10.0 Risk-free interest rate (%) 2.95 % Expected volatility (%) 50.3 % Dividend yield (%) 0.0 %

RELATED PARTY TRANSACTIONS (Tab

RELATED PARTY TRANSACTIONS (Tables)	12 Months Ended
	Mar. 31, 2019
Related Party Transactions [Abstract]
Schedule of Relationship and Nature of Related Party Transactions [Table Text Block]	The relationship and the nature of related party transactions are summarized as follow: Name of Related Party Relationship to the Company Nature of Transactions Ford Glory International Limited (“FGIL”) Affiliate, subsidiary of Ford Glory Holdings (“FGH”) Sales / Purchases Lease Value Plus (Macao Commercial Offshore) Limited (“VPMCO”) Affiliate, subsidiary of FGH Purchases Yukwise Limited (“Yukwise”) Wholly owned by our President, Chief Executive Officer and Chairman, a significant stockholder Consulting Services Multi-Glory Corporation Limited (“Multi-Glory”) Wholly owned by a significant stockholder Consulting Services
Schedule of Related Party Transactions [Table Text Block]	Related party balances: a. Accounts receivable – related party: Accounts receivable from related party in connection with the collection of accounts receivable from end-customers on behalf of the Company due to the support arrangement during the transition period as described below (see a. Sales to related party) consisted of the following: As of March 31, 2019 As of March 31, 2018 FGIL $ - $ 50,027

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	12 Months Ended
	Mar. 31, 2019
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	The following table sets forth the computation of basic and diluted earnings per share for the fiscal years ended March 31, 2019 and 2018. 57,200 IPO Underwriter Warrants were anti-dilutive for the year ended March 31, 2019 and excluded from the EPS calculation. Year Ended March 31, (in $000s except share and per share information) 2019 2018 Numerator: 　 　 Net income attributable to Jerash Holdings (US), Inc.'s Common Shareholders $ 5,112 $ 10,410 　 　 Denominator: 　 　 Denominator for basic earnings per share (weighted-average shares) 11,199,630 9,735,651 Dilutive securities – unexercised warrants and options 130,680 - Denominator for diluted earnings per share (adjusted weighted-average shares) 11,330,310 9,735,651 Basic earnings per share $ 0.46 $ 1.07 　 　 Diluted earnings per share $ 0.45 $ 1.07

SEGMENT REPORTING (Tables)

SEGMENT REPORTING (Tables)	12 Months Ended
	Mar. 31, 2019
Segment Reporting [Abstract]
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block]	The following table summarizes sales by geographic areas for the years ended March 31, 2019 and 2018, respectively. For the years ended March 31, 2019 March 31, 2018 United States $ 70,092,992 $ 61,238,605 Jordan 13,693,020 7,267,732 Other countries 1,197,649 789,361 Total $ 84,983,661 $ 69,295,698

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	12 Months Ended
	Mar. 31, 2019
Commitments and Contingencies Disclosure [Abstract]
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]	Future minimum lease payments under non-cancelable operating leases are as follows: Twelve months ended March 31, 2020 $ 867,837 2021 242,836 2022 220,657 2023 and thereafter 176,300 Total $ 1,507,630

INCOME TAX (Tables)

INCOME TAX (Tables)	12 Months Ended
	Mar. 31, 2019
Income Tax Disclosure [Abstract]
Undistributed Earnings Of Foreign Subsidiaries [Table Text Block]	As of March 31, 2019 As of March 31, 2018 Corporate income tax payable $ 2,567,325 $ 1,400,000
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	The provision for income taxes for the Company’s 2019 and 2018 fiscal years consists of the following: 3/31/2019 3/31/2018 Domestic and foreign components of income (loss) before income taxes are as follows: Domestic $ (5,205,168 ) $ (594,594 ) Foreign 11,577,544 12,397,873 Total $ 6,372,376 $ 11,803,279 The provision (benefit) for income taxes consists of: Current tax: U.S. federal $ 1,302,022 $ 1,400,000 U.S. state and local 40 - Foreign 40,260 - Total Current Tax 1,342,322 1,400,000 Deferred tax: U.S. federal (81,461 ) - U.S. state and local - - Foreign - - Total deferred tax (81,461 ) - Total tax $ 1,260,861 $ 1,400,000 Effective tax rates 19.8 % 11.9 %
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	A reconciliation of the effective tax rate is as follows: 3/31/2019 3/31/2018 Tax at statutory rate $ 1,338,199 $ 3,723,692 State tax, net of federal benefit 40 - Non-deductible expenses 692,749 36,778 Transition tax - 1,400,000 Global Intangible Low-Taxed Income 1,381,950 - Tax Credits (31,307 ) - Foreign tax rate differential (2,391,024 ) (3,760,470 ) Provision to return adjustments 270,254 - Total $ 1,260,861 $ 1,400,000
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	The Company’s deferred tax assets and liabilities at March 31, 2019 and March 3 onsist of the following: Assets 3/31/2019 3/31/2018 Stock based compensation $ 81,461 $ - Deferred tax assets, net $ 81,461 $ -

ORGANIZATION AND DESCRIPTION _2

ORGANIZATION AND DESCRIPTION OF BUSINESS (Details Textual)

Mar. 31, 2019$ / sharesshares

Feb. 28, 2019USD ($)

Feb. 28, 2019JOD (JD)

Mar. 31, 2018$ / sharesshares

May 11, 2017$ / sharesshares

Oct. 31, 2016

Jul. 05, 2016

Jan. 01, 2015

Jun. 13, 2013USD ($)

Mar. 11, 2013JOD (JD)

Sep. 18, 2005JOD (JD)

Nov. 26, 2000USD ($)

Nov. 26, 2000JOD (JD)

Percentage of Individual Shareholder Transactions

22.00%

Common Stock, Shares, Outstanding | shares

11,325,000

9,895,000

8,787,500

Common Stock, Par or Stated Value Per Share | $ / shares

$ 0.001

$ 0.001

Hashemite Kingdom of Jordan [Member]

Capital

$ 212,000

JD 150,000

$ 70,500

JD 50,000

Chinese Garments [Member]

Capital

$ 50,000

JD 50,000

Jerash Embroidery and Cinese Garments [Member]

Noncontrolling Interest, Ownership Percentage by Parent

100.00%

Victory Apparel [Member]

Capital | JD

JD 50,000

Jerash Garments [Member]

Equity Method Investment, Ownership Percentage

100.00%

Jerash Holdings [Member]

Noncontrolling Interest, Ownership Percentage by Parent

100.00%

100.00%

Common Stock, Shares, Outstanding | shares

712,500

Common Stock, Par or Stated Value Per Share | $ / shares

$ 0.001

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - Victory Apparel [Member] - USD ($)		Mar. 31, 2019	Mar. 31, 2018
Current assets		$ 1,316	$ 2,069
Intercompany receivables	[1]	307,687	311,527
Total assets		309,003	313,596
Third party current liabilities		0	(3,992)
Total liabilities		0	(3,992)
Net assets		$ 309,003	$ 309,604
[1]	Receivables from Jerash Garments are eliminated upon consolidation.

SUMMARY OF SIGNIFICANT ACCOUN_5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 1)	12 Months Ended
	Mar. 31, 2019
Land [Member]
Property, Plant and Equipment, Estimated Useful Lives	Infinite
Building [Member]
Property, Plant and Equipment, Estimated Useful Lives	15 years
Machinery and Equipment [Member] | Maximum [Member]
Property, Plant and Equipment, Estimated Useful Lives	5 years
Machinery and Equipment [Member] | Minimum [Member]
Property, Plant and Equipment, Estimated Useful Lives	3 years
Office Equipment [Member] | Maximum [Member]
Property, Plant and Equipment, Estimated Useful Lives	5 years
Office Equipment [Member] | Minimum [Member]
Property, Plant and Equipment, Estimated Useful Lives	3 years
Automobiles [Member]
Property, Plant and Equipment, Estimated Useful Lives	5 years
Leasehold Improvements [Member]
Property, Plant and Equipment, Estimated Useful Lives	Lesser of useful life and lease term

SUMMARY OF SIGNIFICANT ACCOUN_6

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 2) - USD ($)	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Revenue:	$ 84,983,661	$ 69,295,698
Previously Reported [Member]
Revenue:	84,983,661
Restatement Adjustment [Member]
Revenue:	$ 0

SUMMARY OF SIGNIFICANT ACCOUN_7

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 3)	Mar. 31, 2019$ / JD	Mar. 31, 2019$ / $	Mar. 31, 2018$ / JD	Mar. 31, 2018$ / $
Period-end spot rate [Member]
Foreign Currency Exchange Rate, Translation	0.7090	7.8500	0.7094	7.8490
Average rate [Member]
Foreign Currency Exchange Rate, Translation	0.7091	7.8420	0.7092	7.8091

SUMMARY OF SIGNIFICANT ACCOUN_8

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Textual) - USD ($)	Jan. 01, 2019	Dec. 22, 2017	Mar. 31, 2019	Mar. 31, 2018	Jun. 01, 2018
Net loss attributable to noncontrolling interest			$ 754	$ 6,838
Cost of Goods and Services Sold			$ 66,206,652	$ 51,342,020
Effective Income Tax Rate Reconciliation, Percent			19.80%	11.90%
Income Tax Holiday, Description			In accordance with the Investment Encouragement Law, Jerash Garments' export sales to overseas customers were entitled to a 100% income tax exemption for a period of 10 years commencing at the first day of production. This exemption had been extended for five years until December 31, 2018.
Cash, FDIC Insured Amount			$ 250,000
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent		35.00%	21.00%
Prepaid Expense				$ 874,591
Effective Income Tax Rate Reconciliation, Foreign Income Tax Rate Differential, Percent	5.00%
Percentage of sales tax					16.00%
Wealth Choice Limited [Member]
Noncontrolling Interest, Ownership Percentage by Parent			100.00%
Supplier One [Member]
Concentration Risk, Percentage			19.00%	43.00%
Supplier Two [Member]
Concentration Risk, Percentage			12.00%	18.00%
Supplier Three [Member]
Concentration Risk, Percentage			11.00%
Sales Revenue, Net [Member] | Customer One [Member]
Concentration Risk, Percentage			79.00%	79.00%
Accounts Receivable [Member] | Customer One [Member]
Concentration Risk, Percentage			96.00%	57.00%
Accounts Receivable [Member] | Customer Two [Member]
Concentration Risk, Percentage				22.00%
Account Payable [Member] | Supplier One [Member]
Concentration Risk, Percentage			40.00%
Account Payable [Member] | Supplier Two [Member]
Concentration Risk, Percentage			20.00%
Account Payable [Member] | Supplier Three [Member]
Concentration Risk, Percentage			14.00%
JORDAN
Effective Income Tax Rate Reconciliation, Percent			14.00%
Deposits			$ 7,121,161	$ 4,793,527
HONG KONG
Deposits			20,614,581	7,400,111
UNITED STATES
Cash, FDIC Insured Amount			98,726	2,472
Shipping and Handling [Member]
Cost of Goods and Services Sold			$ 692,794	$ 611,481

ACCOUNTS RECEIVABLE (Details)

ACCOUNTS RECEIVABLE (Details) - USD ($)	Mar. 31, 2019	Mar. 31, 2018
Trade accounts receivable	$ 4,020,369	$ 5,247,090
Less: allowances for doubtful accounts	0	0
Accounts receivable	$ 4,020,369	$ 5,247,090

ACCOUNTS RECEIVABLE (Details Te

ACCOUNTS RECEIVABLE (Details Textual) - USD ($)	Mar. 31, 2019	Mar. 31, 2018
Factored Accounts Receivable	$ 3	$ 470,659

INVENTORIES (Details)

INVENTORIES (Details) - USD ($)	Mar. 31, 2019	Mar. 31, 2018
Raw materials	$ 11,601,262	$ 11,497,237
Work-in-progress	1,889,329	2,073,509
Finished goods	7,583,652	6,722,646
Total inventory	$ 21,074,243	$ 20,293,392

PROPERTY, PLANT AND EQUIPMENT_3

PROPERTY, PLANT AND EQUIPMENT, NET (Details) - USD ($)	Mar. 31, 2019	Mar. 31, 2018
Subtotal	$ 8,624,013	$ 7,841,213
Construction in progress	200,042	217,494
Less: Accumulated Depreciation and Amortization	(6,467,793)	(5,238,992)
Property and Equipment, Net	2,356,262	2,819,715
Land [Member]
Subtotal	61,078	61,048
Property and Buildings [Member]
Subtotal	432,562	432,347
Machinery and Equipment [Member]
Subtotal	5,560,265	4,918,270
Office and Electric Equipment [Member]
Subtotal	550,738	505,356
Automobiles [Member]
Subtotal	367,332	372,084
Leasehold Improvements [Member]
Subtotal	$ 1,652,038	$ 1,552,108

PROPERTY, PLANT AND EQUIPMENT_4

PROPERTY, PLANT AND EQUIPMENT, NET (Details Textual)	12 Months Ended
	Mar. 31, 2019USD ($)ft²	Mar. 31, 2018USD ($)
Depreciation, Depletion and Amortization | $	$ 1,255,820	$ 1,216,973
Area of Land | ft²	4,800

EQUITY (Details Textual)

EQUITY (Details Textual) - USD ($)	May 02, 2018	Feb. 27, 2019	Nov. 27, 2018	Mar. 31, 2019	Feb. 07, 2019	Nov. 01, 2018	Sep. 17, 2018	Mar. 31, 2018	May 11, 2017
Preferred Stock, Par or Stated Value Per Share				$ 0.001				$ 0.001
Preferred Stock, Shares Authorized				500,000				500,000
Retained Earnings, Appropriation Description				Appropriations to the statutory reserve are required to be 10% of net income until the reserve is equal to 100% of the entity’s share capital.
Retained Earnings, Appropriated				$ 212,739				$ 71,699
Stock Issued During Period, Shares, New Issues	1,430,000
Preferred Stock, Shares Issued				0				0
Preferred Stock, Shares Outstanding				0				0
Stock Issued During Period, Value, New Issues				$ 8,622,121
Common Stock, Par or Stated Value Per Share				$ 0.001				$ 0.001
Common Stock, Shares Authorized				30,000,000			30,000,000	15,000,000
Common Stock, Shares, Outstanding				11,325,000				9,895,000	8,787,500
Dividends		$ 566,250	$ 566,250	$ 1,132,500
Dividends Payable, Amount Per Share					$ 0.05	$ 0.05
IPO [Member]
Stock Issued During Period, Value, New Issues	$ 10,010,000
Underwriting Commissions	477,341
Underwriter Offering Expenses	250,200
Additional Underwriting Expenses	352,159
Proceeds from Issuance Initial Public Offering	$ 8,930,300
Common Stock, Par or Stated Value Per Share	$ 7

SHARE- BASED COMPENSATION (Deta

SHARE- BASED COMPENSATION (Details)	12 Months Ended
	Mar. 31, 2019
Measurement Input, Expected Term [Member]
Fair Value Assumptions Term	5 years
Measurement Input, Expected Dividend Rate [Member]
Fair Value Assumptions Rate	0.00%
Maximum [Member] | Measurement Input, Risk Free Interest Rate [Member]
Fair Value Assumptions Rate	2.80%
Maximum [Member] | Measurement Input, Price Volatility [Member]
Fair Value Assumptions Rate	52.20%
Minimum [Member] | Measurement Input, Risk Free Interest Rate [Member]
Fair Value Assumptions Rate	1.80%
Minimum [Member] | Measurement Input, Price Volatility [Member]
Fair Value Assumptions Rate	50.30%

SHARE- BASED COMPENSATION (De_2

SHARE- BASED COMPENSATION (Details 1) - Warrant [Member]	12 Months Ended
	Mar. 31, 2019$ / sharesshares
Warrants outstanding, Shares | shares	207,210
Granted, Shares | shares	57,200
Exercised, Shares | shares	0
Cancelled, Shares | shares	0
Warrants outstanding, Shares | shares	264,410
Warrants outstanding, Weighted Average Exercise Price | $ / shares	$ 5.69
Granted, Weighted Average Exercise Price | $ / shares	8.75
Exercised, Weighted Average Exercise Price | $ / shares	0
Cancelled, Weighted Average Exercise Price | $ / shares	0
Warrants outstanding, Weighted Average Exercise Price | $ / shares	$ 6.35

SHARE- BASED COMPENSATION (De_3

SHARE- BASED COMPENSATION (Details 2)	12 Months Ended
	Mar. 31, 2019
Nonqualified Stock Options [Member]
Expected term (in years)	10 years
Risk-free interest rate	2.95%
Expected volatility	50.30%
Dividend yield	0.00%
Employee Stock Option [Member]
Expected term (in years)	5 years
Risk-free interest rate	2.60%
Expected volatility	50.30%
Dividend yield	0.00%

SHARE- BASED COMPENSATION (De_4

SHARE- BASED COMPENSATION (Details 3) - $ / shares	Aug. 03, 2018	Mar. 31, 2019
Stock options outstanding, Shares		0
Granted, Shares	150,000	1,139,500
Exercised, Shares		0
Cancelled, Shares		0
Stock options outstanding, Shares		1,139,500
Stock options outstanding, Weighted Average Exercise Price		$ 0
Granted, Weighted Average Exercise Price	$ 6.12	6.88
Exercised, Weighted Average Exercise Price		0
Cancelled, Weighted Average Exercise Price		0
Stock options outstanding, Weighted Average Exercise Price		$ 6.88

SHARE- BASED COMPENSATION (De_5

SHARE- BASED COMPENSATION (Details Textual) - USD ($)	Aug. 03, 2018	Apr. 09, 2018	Mar. 31, 2019	Mar. 31, 2018	Mar. 21, 2018
Common Stock, Capital Shares Reserved for Future Issuance					1,484,250
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	150,000		1,139,500
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term	10 years	5 years
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price	$ 6.12		$ 6.88
Share-based Compensation			$ 3,593,888	$ 116,578
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost			$ 193,955
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross		989,500
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price		$ 7
IPO Underwriter Warrants [Member]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights			57,200
Class of Warrant or Right, Exercise Price of Warrants or Rights			$ 8.75
Class of Warrant or Right, Date from which Warrants or Rights Exercisable			May 2, 2023

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details)	12 Months Ended
	Mar. 31, 2019
Related Party Transaction, Description of Transaction	Sales / Purchases Lease
Ford Glory Holdings Limited [Member]
Nature of Common Ownership or Management Control Relationships	Affiliate, subsidiary of Ford Glory Holdings (“FGH”)
Value Plus Macao Commercial Offshore Limited [Member]
Nature of Common Ownership or Management Control Relationships	Affiliate, subsidiary of FGH
Related Party Transaction, Description of Transaction	Purchases
Yukwise Limited [Member]
Nature of Common Ownership or Management Control Relationships	Wholly owned by our President, Chief Executive Officer and Chairman, a significant stockholder
Related Party Transaction, Description of Transaction	Consulting Services
Multi-Glory Corporation Limited [Member]
Nature of Common Ownership or Management Control Relationships	Wholly owned by a significant stockholder
Related Party Transaction, Description of Transaction	Consulting Services

RELATED PARTY TRANSACTIONS (D_2

RELATED PARTY TRANSACTIONS (Details 1) - USD ($)	Mar. 31, 2019	Mar. 31, 2018
FGIL	$ 0	$ 50,027

RELATED PARTY TRANSACTIONS (D_3

RELATED PARTY TRANSACTIONS (Details Textual)	Oct. 03, 2018USD ($)	Oct. 03, 2018HKD ($)	Jan. 12, 2018USD ($)	Jan. 16, 2018USD ($)	Mar. 31, 2019USD ($)	Mar. 31, 2018USD ($)	Jul. 13, 2016
Marketing Services and Advisory,Amount			$ 300,000	$ 300,000
Consulting Fees					$ 300,000	$ 75,000
Revenues					84,983,661	69,295,698
Victory City Investments Limited [Member]
Equity Method Investment, Ownership Percentage							51.00%
Ford Glory International Limited [Member]
Revenues					0	43,997,617
Operating Lease, Expense	$ 15,243	$ 119,540
Multi Glory Corporation Limited [Member]
Consulting Fees					$ 300,000	$ 75,000

CREDIT FACILITIES (Details Text

CREDIT FACILITIES (Details Textual) - USD ($)	Jun. 05, 2017	Mar. 31, 2019	Jun. 14, 2019	Jan. 31, 2019	Mar. 31, 2018	May 29, 2017
Line of Credit, Current		$ 648,711			$ 980,195
Percentage of Flate fee		0.35%
Line of Credit Facility, Expiration Period		120 days
Credit Facility [Member] | Treasure Success International [Member]
Line of Credit Facility, Maximum Borrowing Capacity			$ 12,000,000			$ 8,000,000
Debt Instrument, Collateral Amount			$ 3,000,000
Debt Instrument, Description of Variable Rate Basis		The Credit Facilities provide that drawings under the Credit Facilities are charged interest at the Hong Kong Interbank Offered Rate (“HIBOR”) plus 1.5% for drawings in Hong Kong dollars, and the London Interbank Offered Rate (“LIBOR”) plus 1.5% for drawings in other currencies.
Line of Credit, Current		$ 360,401			$ 980,195
Credit Facility [Member] | Treasure Success International [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, Basis Spread on Variable Rate	1.50%
Credit Facility [Member] | Treasure Success International [Member] | Hongkong Interbank Offered Rate LIBOR [Member]
Debt Instrument, Basis Spread on Variable Rate	1.50%
Facility Letter [Member]
Long-term Line of Credit		274,980
SCBHK Credit Facility [Member]
Long-term Line of Credit		288,310
Line of Credit Facility, Capacity Available for Specific Purpose Other than for Trade Purchases				$ 3,000,000
Debt Instrument, Interest Rate, Stated Percentage				1.30%
SCBHK Credit Facility [Member] | Treasure Success International [Member]
Line of Credit Facility, Maximum Borrowing Capacity				$ 3,000,000
Factoring Agreement [Member]
Long-term Line of Credit		$ 85,421

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Numerator:
Net income attributable to Jerash Holdings (US), Inc.'s Common Shareholders	$ 5,112	$ 10,410
Denominator:
Denominator for basic earnings per share (weighted-average shares)	11,199,630	9,735,651
Dilutive securities – unexercised warrants and options	130,680	0
Denominator for diluted earnings per share (adjusted weighted-average shares)	11,330,310	9,735,651
Basic earnings per share	$ 0.46	$ 1.07
Diluted earnings per share	$ 0.45	$ 1.07

EARNINGS PER SHARE (Details Tex

EARNINGS PER SHARE (Details Textual)	12 Months Ended
	Mar. 31, 2019shares
Warrant [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	57,200

SEGMENT REPORTING (Details)

SEGMENT REPORTING (Details) - USD ($)	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Revenues	$ 84,983,661	$ 69,295,698
United States [Member]
Revenues	70,092,992	61,238,605
Jordan [Member]
Revenues	13,693,020	7,267,732
Other Countries [Member]
Revenues	$ 1,197,649	$ 789,361

SEGMENT REPORTING (Details Text

SEGMENT REPORTING (Details Textual)	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Sales Revenue, Goods, Net [Member] | Customer Concentration Risk [Member]
Concentration Risk, Percentage	88.30%	89.50%

COMMITMENTS AND CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES (Details)	Mar. 31, 2019USD ($)
Twelve months ended March 31,
2020	$ 867,837
2021	242,836
2022	220,657
2023 and thereafter	176,300
Total	$ 1,507,630

COMMITMENTS AND CONTINGENCIES_3

COMMITMENTS AND CONTINGENCIES (Details Textual) - USD ($)	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Operating Leases, Rent Expense	$ 1,528,500	$ 1,274,606
Minimum [Member]
Operating Leases, Rent Expense, Minimum Rentals	247
Maximum [Member]
Operating Leases, Rent Expense, Minimum Rentals	$ 15,303

INCOME TAX (Details)

INCOME TAX (Details) - USD ($)	Mar. 31, 2019	Mar. 31, 2018
Income Tax Disclosure [Abstract]
Corporate income tax payable	$ 2,567,325	$ 1,400,000

INCOME TAX (Details 1)

INCOME TAX (Details 1) - USD ($)	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Domestic and foreign components of income (loss) before income taxes are as follows:
Domestic	$ (5,205,168)	$ (594,594)
Foreign	11,577,544	12,397,873
Net Income before provision for income taxes	6,372,376	11,803,279
Current tax:
U.S. federal	1,302,022	1,400,000
U.S. state and local	40	0
Foreign	40,260	0
Total Current Tax	1,342,322	1,400,000
Deferred tax:
U.S. federal	(81,461)	0
U.S. state and local	0	0
Foreign	0	0
Total deferred tax	(81,461)	0
Total tax	$ 1,260,861	$ 1,400,000
Effective tax rates	19.80%	11.90%

INCOME TAX (Details 2)

INCOME TAX (Details 2) - USD ($)	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Income Tax Disclosure [Abstract]
Tax at statutory rate	$ 1,338,199	$ 3,723,692
State tax, net of federal benefit	40	0
Non-deductible expenses	692,749	36,778
Transition tax	0	1,400,000
Global Intangible Low-Taxed Income	1,381,950	0
Tax Credits	(31,307)	0
Foreign tax rate differential	(2,391,024)	(3,760,470)
Provision to return adjustments	270,254	0
Total tax	$ 1,260,861	$ 1,400,000

INCOME TAX (Details 3)

INCOME TAX (Details 3) - USD ($)	Mar. 31, 2019	Mar. 31, 2018
Income Tax Disclosure [Abstract]
Stock based compensation	$ 81,461	$ 0
Net Deferred tax assets	$ 81,461	$ 0

INCOME TAX (Details Textual)

INCOME TAX (Details Textual) - USD ($)	1 Months Ended	12 Months Ended
	Dec. 22, 2017	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018
Income Tax Expense (Benefit)		$ 1,260,861	$ 1,400,000
Effective Income Tax Rate Reconciliation, Percent		19.80%	11.90%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	35.00%	21.00%
Income Tax Holiday, Description		In accordance with the Investment Encouragement Law, Jerash Garments' export sales to overseas customers were entitled to a 100% income tax exemption for a period of 10 years commencing at the first day of production. This exemption had been extended for five years until December 31, 2018.
Income Tax Holiday, Aggregate Dollar Amount		$ 1,623,717
Income Tax Holiday, Income Tax Benefits Per Share		$ 0.14
Provision of transition tax foreign subsidiaries				$ 1,400,000
Transition tax due period			8 years
Increase (Decrease) in Deferred Income Taxes		$ 4,200,000
Undistributed Earnings of Foreign Subsidiaries		$ 20,200,000
Transition Tax Liability [Member]
Transition Tax Liability			$ 1,700,000	$ 300,000
Effective Income Tax Rate Reconciliation, Percent		4.00%
Tax authourity jordan [Member]
Effective Income Tax Rate Reconciliation, Percent		14.00%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent		5.00%

SUBSEQUENT EVENTS (Details Text

SUBSEQUENT EVENTS (Details Textual) - USD ($)	1 Months Ended
	Jun. 18, 2019	May 17, 2019	Mar. 31, 2019	Feb. 07, 2019	Nov. 01, 2018
Dividends Payable, Amount Per Share				$ 0.05	$ 0.05
Dividends Payable, Date Declared		Jun. 5, 2019
Dividends Payable, Date of Record		May 28, 2019
AlMutafaweq Co [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Prepaid Expense and Other Assets			$ 380,000
Subsequent Event [Member] | AlMutafaweq Co [Member]
Payments to Acquire Businesses, Gross	$ 600,000
Subsequent Event [Member] | SCBHK Credit Facility [Member]
Dividends Payable, Amount Per Share		$ 0.05