Crossword Genius

Making sense of cutback taking place in gin supply (10)

Ross

I believe the answer is:

explaining

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'making sense' is the definition.
Although both the answer and definition are present participle verbs, I don't see how they can define each other.

'cutback taking place in gin supply' is the wordplay.
'cutback' becomes 'exa' (I can't justify this - if you can you should believe this answer much more).
'taking' means one lot of letters goes inside another.
'place' becomes 'pl' (abbreviation used in postal addresses).
'supply' is an anagram indicator (in a supple way).
'exa' placed around 'pl' is 'expla'.
'gin' is an anagram of 'ing'.
'expla'+'in'+'ing'='EXPLAINING'

'of' acts as a link.

Can you help me to learn more?

(Other definitions for explaining that I've seen before include "Describing" , "Justifying" .)

I've seen this clue in The Independent.
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