Mino, you either got to have the mac version of Permiere or do it AE to get timecode. I don't understand why the mac version allows you to burn timecode and windows version don't. I know for sure the old 6.5 mac version of premiere lets you have timecode. You can render just the timecode in AE at draft quality(speeds up rendering) and composite it later in Premiere.
If you don't have AE then you could do an assemble edit to tape an make sure that your time on your timeline corresponds to your tape numbers... AE is much better especially if you have AE 6.5... you open up your premiere timeline and apply the effect in AE and away you go. Ya, it's weird... AE plugins usually cross over into premiere.. yet for some reason no timecode effect in premiere.. only After Effects... too bad.