Pending refund claims for pre-appointed-day credits must be disposed under earlier law; rejections lapse and carried-forward balances not refunded. Pending refund claims of pre-appointed-day cenvat credit, input tax credit, tax or interest must be disposed under the earlier law and any amount accruing paid or refunded under that law; rejected portions of such credit claims lapse, and no refund is permitted where the credit balance as on the appointed day has been carried forward under the new Act.