Advisory against M/s Julfikar Fashions Limited, Bangladesh as per para 8.07 (d) of Foreign Trade Policy- 2023– reg.

Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade (QCTD, Division) ***** Vanijya Bhawan, New Delhi- 110011

Dated: 21st October 2026 Trade Notice No. 31/2026-27 To,

1. All Export Promotion Councils (EPCs)

2. All Industry Associations

3. Export Credit Guarantee Corporation(ECGC)

4. All Regional Authorities of DGFT

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.

2. 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.

3. 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.

4. 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 riskprofile 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.

5. 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) 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)