The Quantum-dot Cellular Automata (QCA) is the prominent paradigm of nanotechnology considered to continue the computation at deep sub-micron regime. The QCA realizations of several multilevel circuit of arithmetic logic unit have been introduced in the recent years. However, as high fan-in Binary to Gray (B2G) and Gray to Binary (G2B) Converters exist in the processor based architecture, no attention has been paid towards the QCA instantiation of the Gray Code Converters which are anticipated to be used in 8-bit, 16-bit, 32-bit or even more bit addressable machines of Gray Code Addressing schemes. In this work the two-input Layered T module is presented to exploit the operation of an Exclusive-OR Gate (namely LTEx module) as an elemental block. The “defect-tolerant analysis” of the two-input LTEx module has been analyzed to establish the scalability and reproducibility of the LTEx module in the complex circuits. The novel formulations exploiting the operability of the LTEx module have been proposed to instantiate area-delay efficient B2G and G2B Converters which can be exclusively used in Gray Code Addressing schemes. Moreover this work formulates the QCA design metrics such as O-Cost, Effective area, Delay and Cost α for the n-bit converter layouts.