DGFT trade notice Trade Notice No. 31/2026-27 · 21 Oct 2026
Official title
Advisory against M/s Julfikar Fashions Limited, Bangladesh as per para 8.07 (d) of Foreign Trade Policy- 2023– reg.
Official record
Open source pageSummary
Check the official recordThe Directorate General of Foreign Trade issues an advisory to all Indian exporters and trade stakeholders regarding M/s Julfikar Fashions Limited, Bangladesh. This action follows a failure by the entity to respond to trade dispute complaints. Stakeholders must exercise heightened vigilance and perform comprehensive due diligence before entering into any commercial arrangements with this firm. Stakeholders must assess the risk profile of transactions and report any adverse experiences or payment issues to the Directorate General of Foreign Trade. This advisory serves as a precautionary measure to protect Indian trade interests.
What you must do
Government of India
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade
(QCTD, Division)
*****
Vanijya Bhawan, New Delhi- 110011
Dated: 21^st October 2026
Trade Notice No. 31/2026-27
To,
Subject: Advisory against M/s Julfikar Fashions Limited, Bangladesh as per para 8.07 (d) of Foreign Trade Policy- 2023– reg.
A Quality Control & Trade Dispute (QCTD) complaint was received against M/s Julfikar Fashions Limited, Mirpur, Bangladesh.
The matter was taken up through the appropriate diplomatic and administrative channels in accordance with the provisions of the Foreign Trade Policy (FTP), 2023, with a view to facilitating resolution of the issues raised in the complaint. However, despite repeated efforts and follow-up communications, no substantive response has been received from the concerned firm or the relevant authorities. The continued absence of cooperation and engagement has impeded efforts to verify the facts of the case and achieve an amicable resolution.
In light of the foregoing, and in the interest of safeguarding the interests of Indian exporters and trade stakeholders, the Directorate General of Foreign Trade (DGFT) advises all Export Promotion Councils (EPCs), Industry Associations, Regional Authorities (RAs), Export Credit Guarantee Corporation of India Ltd. (ECGC), Authorised Dealer Banks, and other concerned stakeholders to exercise heightened vigilance while dealing with the above-mentioned entity.
Accordingly, all stakeholders are advised to: (i) Exercise enhanced caution and undertake comprehensive due diligence before entering into any commercial arrangement or transaction with the aforesaid entity; (ii) Sensitize and appropriately advise exporters, importers, and other trade participants regarding the concerns associated with this entity; (iii) Carefully assess the risk profile of any proposed transaction involving the said entity and consider this development while processing applications, extending financial or credit support, providing trade facilitation services, or issuing certifications and recommendations; (iv) Promptly report any adverse experience, payment-related issues, contractual disputes, or other relevant information concerning this entity to DGFT for further examination and necessary action.
This advisory is being issued purely as a precautionary measure based on the information presently available and is intended to alert the trading community to the potential risks associated with dealings involving the above-mentioned entity.
This is issued with the approval of the Competent Authority.
Ajay Kumar Digitally signed by Ajay Kumar Date: 2026.10.21 13:06:20 +05'30'
(Ajay Kumar)
Deputy Director
Email: ajay.dhiman88@gov.in
Copy to:
M/s Rangadao & Associates
Dangaigaon, Chirang, Assam
(Issued from File No. 01/17/HQ/AM27/QCTD)
Who is affected