(A) The final report required by § 12-28-1350 must be accompanied by payment of the final month’s liability except as otherwise provided in this section.

(B) A motor fuel vendor who possessed a license to sell motor fuel subject to the user fee at wholesale or at retail before the effective date of this chapter who is ineligible to elect eligible purchaser status, or who otherwise does not apply for or does not receive eligible purchaser status under § 12-28-930, in the alternative may elect to make payment of the user fee calculated pursuant to the "Final Report" in § 12-28-1350 as provided in this section. The user fee must be paid in two equal annual installments beginning twelve months after the effective date of this chapter, with no discount or reduced by a fifteen percent discount if paid in a timely final report.

(C) If a person elects under subsection (B) to defer payment, he is not eligible to claim eligible purchaser status under § 12-28-930 for thirty-six months following the election under subsection (B).